Nestled amidst breathtaking vistas lies a unique opportunity to acquire a genuine 90-cow block at exceptional value. Encompassing 430 acres of predominantly basalt soils, this property boasts a frost-free environment perfect for the production of an abundance of Kikuyu, Rhodes Grass & Wynn Cassia. Formerly a plantation block, it has undergone a thorough cleanup and pasture enhancement. Ascending to a notable plateau atop the Hogarth Range, the paddock enjoys proximity to a thriving commercial coffee crop, hinting at its untapped potential.
Water abundance is a standout feature, with nine spring fed dams ensuring ample supply for livestock with one dam in particular boasting a state-of-the-art solar pump, pumping water to the header tank which gravity feeds to a concrete trough system and therefore no additional investment is required for water improvements or upkeep. The property is subdivided across the plateau, with fully enclosed boundaries and features a set of steel panel cattle yards in excellent condition.
The panoramic views from the plateau are truly awe-inspiring, offering numerous idyllic locations for potential homesites. Ideal for young couples starting out or as an affordable addition for breeding or fattening purposes, this property represents a rare opportunity to secure prime basalt country spanning 430 acres. Don't let this chance slip away - such offerings in this area are seldom found.
The size of Mummulgum is approximately 47.4 square kilometres. It has 1 park covering nearly 10.5% of total area. The population of Mummulgum in 2011 was 261 people. By 2016 the population was 104 showing a population decline of 60.2% in the area during that time. The predominant age group in Mummulgum is 50-59 years. Households in Mummulgum are primarily childless couples and are likely to be repaying $1000 - $1399 per month on mortgage repayments. In general, people in Mummulgum work in a managers occupation. In 2011, 77.4% of the homes in Mummulgum were owner-occupied compared with 73.6% in 2016..
Mummulgum has 62 properties. Over the last 5 years, Houses in Mummulgum have seen a 17.29% increase in median value. As at 31 August 2024:
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