AREA: Approx 153ha (380 acres) REMARKS: 380 productive basalt acres only a few minutes drive from Inverell.Spacious Brick Veneer, well-planned residence of 4 bedrooms, 2 bathrooms,2 living rooms, extensive views, the well distributes water around the property + 4 large dams.INVERELL SHIRE COUNCIL RATES: $1,300.00pa.NORTH WEST LLS RATES: $146.00pa. SITUATION: 12Km from Inverell.SERVICES: Single phase mains power connected plus Solar Panels connected to residence, landline & agricultural strip. 4Km to Gum Flat Primary School or 1.7Km to school bus to Inverell schools. Mail 3 days per week. Saleyards at Inverell.COUNTRY: Undulating country.SOILS: Predominantly Red Chocolate & Black Soils.TIMBER: Apple Box, White Box & Wattle.ARABLE AREA: 90ha.PASTURE DEVELOPMENT: 63ha open improved grazing.WATER: Well with submersible pump that supplies 5 cattle troughs & gardens & lawns around the residence.DAMS: 4 major dams & 3 silt traps. Rain storage tanks.RAINFALL: 2 X 5000 gal. RST on Residence. FENCING: Boundary fence is stock proof in fair to good order. 7 paddocks.SHEEP/CATTLE YARDS: Steel yards including crush capable of handling 100hd.MACHINERY SHED: 2 bay machinery shed.WOOLSHED: Single stand shearing shed including yards.CARRYING CAPACITY: Approx. 60 head of cattle.IMPROVEMENTS: 4 bedroom Brick Veneer residence with 9ft ceiling, office, 2 living rooms, 2 bathrooms, pantry, wood heater with heat transfer system, insulated residence & verandah.OTHER IMPROVEMENTS: Second residence requires maintenance. SNAPSHOT OF LOCAL AGRICULTURAL INDUSTRY: Saleyards at Inverell are the 6th largest selling centre in the state. Weekly fat cattle and sheep sales, monthly store cattle sales.Major export abattoir at Inverell is supported by 20,000hd backgrounding partners, 20,000hd feedlot & one of the largest International beef trading companies. Development and advisory services located in Armidale, including Angus & Hereford Beef Societies, Australia Brangus Cattle Association, Belmont Australia Cattle Society, The Australian Poll Hereford Society, & Murray Grey Beef Cattle Society.Wool & Grain Trading/Marketing companies located in Inverell. Pasture & Grain production are supported by government & private advisory companies located in Inverell.RETAIL: Inverell is one of the major shopping & service centres of Northern NSW.AIR SERVICE: Armidale to Sydney.RAIL: Countrylink from Inverell to Sydney.TAFE: Huge range of courses. UNIVERSITY: The University of New England in Armidale.
The size of Gum Flat is approximately 142.2 square kilometres. The population of Gum Flat in 2011 was 316 people. By 2016 the population was 221 showing a population decline of 30.1% in the area during that time. The predominant age group in Gum Flat is 50-59 years. Households in Gum Flat are primarily couples with children and are likely to be repaying $1000 - $1399 per month on mortgage repayments. In general, people in Gum Flat work in a managers occupation. In 2011, 81.5% of the homes in Gum Flat were owner-occupied compared with 89.6% in 2016.
Gum Flat has 102 properties. Over the last 5 years, Houses in Gum Flat have seen a 88.98% increase in median value. As at 31 October 2024:
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