OFF MARKET

1 Grant Street
Somerton NSW 2340

Bedrooms: 5
Bathrooms: 3
Car spaces: -
Floor area: 185m2
Land area: 28910m2
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Property Details for 1 Grant St, Somerton

Building Type
Rural
Year Built
1975
Floor Size
185m2
Land Size
28910m2
Local Government
Tamworth Regional
Lot/Plan
170/DP755340

Last Listing description (May 2024)

For Sale are Swanton and Menedebri (the Aggregation), a historic landholding of approximately 1,830 hectares* with parts of the Aggregation held by the Vickery family since the 1890s. The Aggregation comprises two non-contiguous landholdings, just over two kilometres* apart ("Swanton" 1,071 hectares* and "Menedebri" 759 hectares*) with the two landholdings connected by the Oxley Highway and the Peel River.
Key investment highlights:
7.3 kilometres* dual frontages to the Peel River

Direct frontages to the Oxley Highway (B56)
1.2 kilometres* by road to Somerton
37 kilometres* by road to Tamworth
41 kilometres* by road to Gunnedah
~1,000 hectares alluvial soils
~830 hectares* red and brown clay loam soils
609 megalitres* river-water license
543 megalitres* ground-water license
40 hectares* centre-pivot irrigator
Subdivided into 28 paddocks
Extensive livestock water reticulation system
2 x 350hd* cattle yards
3 x 75t* grain silos
Multiple hay, grain and machinery storage shedding
Land productivity independently rated at 7.4 dse/ha and 3.2 wte/ha
5BR homestead
Livestock and plant & equipment available for purchase
Land can be sold as one entire aggregation or in 2-7 parts

This beautiful Aggregation has magnificent aesthetics and spectacular direct access to the Peel River, which is highly valuable for both agricultural production benefits as well as recreation benefits. The Aggregation includes one 40 hectares* centre-pivot irrigation system, fed from the Peel River. The entire Aggregation is currently being used for a combination of beef cattle, fodder and winter crop production and can be easily adapted to be utilised for equine production, sheep production, summer crop production and/or horticulture production such as nuts, viticulture or fresh fruit. The Aggregation could possibly be further developed for more intensive livestock production, given the highly desirable local climatic conditions and direct access to reliable water sources from the Peel River and from underground.

Please contact us if you're interested in acquiring this very spectacular and highly productive property.

Property History for 1 Grant St, Somerton, NSW 2340

A timeline of how this property has performed in the market
Last Sold
$327,000
28 Aug 2012
  • 15 Aug 2023
    Listed for Sale Contact for Price
  • 28 Aug 2012
    Sold for $327,000
  • 13 Jan 2010
    Sold for $290,000
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About Somerton 2340

The size of Somerton is approximately 216.2 square kilometres. It has 3 parks covering nearly 0.7% of total area. The population of Somerton in 2011 was 572 people. By 2016 the population was 287 showing a population decline of 49.8% in the area during that time. The predominant age group in Somerton is 30-39 years. Households in Somerton are primarily childless couples and are likely to be repaying $1000 - $1399 per month on mortgage repayments. In general, people in Somerton work in a managers occupation. In 2011, 73% of the homes in Somerton were owner-occupied compared with 62.5% in 2016.

Somerton has 173 properties. Over the last 5 years, Houses in Somerton have seen a 52.47% increase in median value. As at 30 November 2024:

  • The median value for Houses in Somerton is $421,276 while the median value for Units is $360,672.
There are currently 3 properties listed for sale, and no properties listed for rent in Somerton on OnTheHouse. According to CoreLogic's data, 6 properties were sold in the past 12 months in Somerton.

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Disclaimer
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.