322 Balldale RoadHopefield NSW 2646
Property Details for 322 Balldale Rd, Hopefield
Last Listing description (September 2023)
Elders Rural Services Australia Ltd is pleased to present for sale 'Glengarry', a highly productive and versatile dryland and irrigated mixed farming enterprise renowned for its high yielding crop, sheep and wool production.
Ideally located 15km* north east of Corowa and spanning across 581 hectares* (1,436 acres*), 'Glengarry's' productivity is underpinned by a significant 1,600ML water entitlement, extensive farm and irrigation infrastructure, consistent fertiliser history and an excellent natural resource base including highly fertile soil profiles and a reliable 542mm* rainfall.
'Glengarry' presents an outstanding opportunity to capitalise on a commercial scale asset strategically positioned to key export pathways and major regional centres.
Key features:
- Total land area: 581 hectares* (1,436 acres*)
- Renovated three-bedroom double-brick homestead set within an established garden setting and complemented by an inground swimming pool
- Quality support infrastructure including >900* tonnes grain storage, extensive machinery/sundry shedding, three stand shearing shed with adjoining Proway sheep yards
- 130 hectares* (321 acres*) of centre pivot irrigation with scope for further development
- Renowned for the historic production of oats, barley, wheat, canola in addition to sorghum, maize and adzuki beans
- Highly productive and versatile soil profiles including red and brown loams with sections of red sandy loams
- Abundant water supply via two irrigation bores (one newly constructed), stock and domestic bore, catchment dams and tank storage
- 1,600ML water entitlement sourced from the Upper Murray Groundwater aquifer
- Excellent standard of fencing
- Reliable 542mm* (21 inches*) average annual rainfall
- Ideally located 15km* north east Corowa, 21km* west of Howlong and 51km* west of Albury/Wodonga
To be offered for sale by Expression of Interest closing Wednesday 12th April 2023, 4 pm.
A comprehensive Information Memorandum is available upon request.
* denotes approx.
Property History for 322 Balldale Rd, Hopefield, NSW 2646
- 28 Jun 2023Sold for $8,600,000
- 28 Feb 2023Listed for Sale by Expression of Interest
- 19 Aug 2019Sold for $2,250,000
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About Hopefield 2646
The size of Hopefield is approximately 135.9 square kilometres. It has 1 park covering nearly 0.3% of total area. The population of Hopefield in 2011 was 311 people. By 2016 the population was 79 showing a population decline of 74.6% in the area during that time. The predominant age group in Hopefield is 60-69 years. Households in Hopefield are primarily couples with children and are likely to be repaying under $300 per month on mortgage repayments. In general, people in Hopefield work in a managers occupation. In 2011, 81.2% of the homes in Hopefield were owner-occupied compared with 78.6% in 2016..
Hopefield has 81 properties. As at 31 December 2024:
- The median value for Houses in Hopefield is $733,208 while the median value for Units is $555,837.
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