1 Thomas LaneLake Cargelligo NSW 2672
Property Details for 1 Thomas Lane, Lake Cargelligo
Last Listing description (October 2021)
469.01ha/1158.9ac
Very rare does an opportunity present itself to purchase land via auction, south of Lake Cargelligo. 'Mallee Paddock' has been owned by the same family for 35 years. In the last 15 years, Mallee paddock has been cropped with a canola, green manure pea crops, fallow, wheat and barley rotation. Mallee paddock is currently sown to Bonito canola allowing the new purchaser the benefit from the 2021 break crop.
The property is approx 90% arable of deep red sandy loam soils. With minimal paddock trees 'Mallee Paddock' is a croppers dream. The efficient farming block is an ideal property for investors or an add on property.
Location: Mallee Paddock is located on the corner of Thomas lane and Tuggerabach road, approx 28 linear km south east of Lake Cargelligo, 14 linear km north east of Naradhan and 26 linear km south west of Tullibigeal.
Infrastructure:
- Water pipeline & meter connected to the Goldenfields water scheme
- Two dams
- 2 troughs
- Basic set of steel cattle yards
- Fenced into 3 main paddocks
Grain sites are located at Lake Cargelligo, Naradhan, Tullibigeal and Kikoira.
For Sale by Public Auction (SUBJECT TO COVID)
Date: Thursday 28th October - 11.00am
Lake Cargelligo Bowling Club
Property History for 1 Thomas Lane, Lake Cargelligo, NSW 2672
- 28 Oct 2021Sold for $2,000,000
- 17 Sep 2021Listed for Sale Auction 28th October
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About Lake Cargelligo 2672
The size of Lake Cargelligo is approximately 1,746.7 square kilometres. It has 3 parks covering nearly 1.2% of total area. The population of Lake Cargelligo in 2011 was 1,380 people. By 2016 the population was 1,448 showing a population growth of 4.9% in the area during that time. The predominant age group in Lake Cargelligo is 0-9 years. Households in Lake Cargelligo are primarily childless couples and are likely to be repaying $1000 - $1399 per month on mortgage repayments. In general, people in Lake Cargelligo work in a managers occupation. In 2011, 63.9% of the homes in Lake Cargelligo were owner-occupied compared with 62.1% in 2016.
Lake Cargelligo has 1,013 properties. Over the last 5 years, Houses in Lake Cargelligo have seen a 22.52% increase in median value, while Units have seen a 113.21% increase. As at 31 October 2024:
- The median value for Houses in Lake Cargelligo is $128,798 while the median value for Units is $384,663.
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