This 59.06 hectare (146 acre) holding is situated approximately 6km. south of the Kentucky village and 21km. from Uralla.
The three bedroom Hardiplank home suffered storm damage in November 2014 and has not been occupied since. Major renovation work is required. Other improvements include two small packing sheds, a two bay garage and old timber cattle yards.
The property is principally undulating soft granite grazing country with approximately 80% being arable. Included are three large dams and two smaller dams. Two creeks have permanent water holes. The internal fences require attention.
AN INVESTMENT OPPORTUNITY WITH LOTS OF POTENTIAL
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The size of Kentucky South is approximately 49.4 square kilometres. It has 6 parks covering nearly 0.6% of total area. The population of Kentucky South in 2011 was 325 people. By 2016 the population was 117 showing a population decline of 64.0% in the area during that time. The predominant age group in Kentucky South is 60-69 years. Households in Kentucky South are primarily childless couples and are likely to be repaying $1400 - $1799 per month on mortgage repayments. In general, people in Kentucky South work in a managers occupation. In 2011, 73% of the homes in Kentucky South were owner-occupied compared with 77.1% in 2016..
Kentucky South has 69 properties. Over the last 5 years, Houses in Kentucky South have seen a 7.13% increase in median value. As at 31 October 2024:
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