OFF MARKET

3350 Peak View Road
Jerangle NSW 2630

Bedrooms: 2
Bathrooms: 2
Car spaces: -
Land area: 9610000m2
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Property Details for 3350 Peak View Rd, Jerangle

Building Type
Commercial
Land Size
9610000m2
Local Government
Snowy Monaro Regional
Lot/Plan
53/DP750543

Last Listing description (July 2024)

LAWD is pleased to present Whinstone Valley (the Property) for sale, a proven mixed grazing asset, located in the high rainfall North Eastern Monaro region of New South Wales.

Key investment highlights include:

Scale & Topography

Total area of 961* hectares (2,374* acres), situated in a scenic and protected valley presenting an undulating landscape with timber shelter belts ideal for breeding.

Soils and Pastures
Comprise a combination of predominately Brown Sandy Loams, Earthy Loams and Yellow Podzolic Sands. Pastures are a productive balance of improved perennial pasture species (500* hectares) comprising phalaris, cocksfoot and clover with perennial native grass and clover pastures. Elevation varies from 1,010* meters Above Mean Sea Level (AMSL) to 1,270* metres AMSL.

Up until 2008, the open grazing areas, both improved and native received an application of single superphosphate of 110* kilograms per hectare annually, highlighting the opportunity to increase carrying capacity.

Water
Multiple water sources, 33* dams, a bore and multiple natural creek systems and water courses, supported by the annual average rainfall of 718* millimetres. A reticulated water system supplies a network of nine* water troughs.

Fencing
The Property benefits from fencing in good condition, which is suitable for sheep and cattle. The Property is well-fenced and includes approximately 7.5* kilometres of new fencing comprising mainly plain wires and netting or hinged joint with some electric and steel and timber posts.

Scope of current enterprise
The Property has a long history of conservative management by the current owners, with the current tenure dating back to 1964* (60* years). The Property was operated full time by the vendor until 2008, when they decided to semi retire and reduce their workload by focusing on just the cattle enterprise.

Currently, the Property is supporting 400* agistment merino ewes plus 75* cows and calves. Historically, the enterprise mix prior to the semi-retirement of the vendor, encompassed a 1,500* head self-replacing Merino sheep flock and a self-replacing cattle herd comprising 30* cows in a spring calving system.

Operational infrastructure
- Three-stand raised board wool shed
- Steel sheep yards
- Outpost sheep yards
- Cattle yards,
- Machinery shed,
- Workshop
- 100* tonne in total silo grain storage

Accommodation
Circa 1890* weatherboard homestead that was once a post office, comprising two bedrooms & two bathrooms. The homestead was renovated in the early 1990's and is surrounded by an established garden.

Location
Convenient location being 36* kilometres from Bredbo, 56* kilometres from Cooma, 110* kilometres from Canberra, 153* kilometres from Thredbo (ski fields), 165* kilometres from Batemans Bay and 324* kilometres from Sydney (M5/M7 Junction).

*approximately

Property History for 3350 Peak View Rd, Jerangle, NSW 2630

A timeline of how this property has performed in the market
  • 17 May 2024
    Listed for Sale $4,900,000

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About Jerangle 2630

The size of Jerangle is approximately 359.7 square kilometres. It has 8 parks covering nearly 23.4% of total area. The population of Jerangle in 2011 was 226 people. By 2016 the population was 91 showing a population decline of 59.7% in the area during that time. The predominant age group in Jerangle is 40-49 years. Households in Jerangle are primarily childless couples and are likely to be repaying $1400 - $1799 per month on mortgage repayments. In general, people in Jerangle work in a managers occupation. In 2011, 95.6% of the homes in Jerangle were owner-occupied compared with 81% in 2016..

Jerangle has 143 properties. Over the last 5 years, Houses in Jerangle have seen a -5.03% decrease in median value. As at 30 September 2024:

  • The median value for Houses in Jerangle is $933,655.
There are currently no properties listed for sale, and 1 property listed for rent in Jerangle on OnTheHouse. According to CoreLogic's data, 3 properties were sold in the past 12 months in Jerangle.

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Whilst all reasonable effort is made to ensure the information in this publication is current, CoreLogic does not warrant the accuracy or completeness of the data and information contained in this publication and to the full extent not prohibited by law excludes all for any loss or damage arising in connection with the data and information contained in this publication.