“Lochmore” presents itself as the ideal lifestyle property with the ability to make a profit from livestock situated on 532.61ha (1,316acres). Ideally suitable either for the downsizer or as a starter block. The property is conveniently located just off the Gwydir Highway (8km) and approximately 38km from Glen Innes and 45km from Inverell, both sizable rural communities with employment opportunities. The property has a spacious 3 bedroom weekender with all modern conveniences including a 3 way bathroom, 2 toilets including a very spacious large open plan kitchen/dining/living area, office, laundry and an al-fresco dining/BBQ area.
There are 17 dams, 7 Troughs plus frontages to 2 separate creeks, 14 paddocks, 2 stand electric shearing shed and yards, separate cattle yards, machinery shed and workshop. Owner states the ideally carrying capacity is 700 weathers and 40 cows which can be increased through further improvement. The property is also well suited to the wildlife enthusiast with a large array of native and introduced flora and fauna including deer and pigs.
For further information contact Matthew on 0437 015 018.
The size of Spring Mountain is approximately 56.7 square kilometres. The population of Spring Mountain in 2011 was 567 people. By 2016 the population was 10 showing a population decline of 98.2% in the area during that time. The predominant age group in Spring Mountain is 70-79 years. Households in Spring Mountain are primarily couples with children and are likely to be repaying $1000 - $1399 per month on mortgage repayments. In general, people in Spring Mountain work in a labourer occupation. In 2006, 55.2% of the homes in Spring Mountain were owner-occupied compared with 60.4% in 2011..
Spring Mountain has 17 properties. Over the last 5 years, Houses in Spring Mountain have seen a 95.34% increase in median value. As at 30 September 2024:
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