AREA: Approx 1179.1 Acres - 475.44 HectaresSITUATION: Located 77km south-east of Tamworth, 38km to Walcha and 103km to Armidale. Armidale and Tamworth both offer livestock marketing facilities, while Tamworth has beef and lamb slaughtering facilities. COUNTRY: A grazing property featuring open paddocks as well as some timbered and bush country. Timbers include ironbark and some paddocks have previously been cleared. There is potential to improve carrying capacity through further pasture improvement and clearing subject to approval. WATER: 904 Geraldine Road is watered by 7 dams as well as a creek featuring deep permanent waterholes. FENCING: Boundary fencing is in good order and stock proof. Internal fencing can be improved in some places. Currently the property is fenced into 4 main paddocks and can easily be subdivided into small paddocks to allow for easier management. IMPROVEMENTS: The house is a 3 or 4 bedroom weatherboard country style home. Offering a wood fire, high ceilings and a great outlook from the closed in verandah, there is an opportunity to improve capital value through further renovation. Further improvements include three bay car/machinery shed, a two stand raised woolshed with power timber cattle yards and other further small outbuildings. AGENTS REMARKS: A great opportunity for purchasers to acquire a medium sized grazing property at an affordable price. Whilst there is some work to be done, there is great potential for those with an open mind.
The size of Walcha is approximately 3,250.4 square kilometres. It has 14 parks covering nearly 21.4% of total area. The population of Walcha in 2011 was 2,495 people. By 2016 the population was 2,547 showing a population growth of 2.1% in the area during that time. The predominant age group in Walcha is 60-69 years. Households in Walcha are primarily childless couples and are likely to be repaying $1000 - $1399 per month on mortgage repayments. In general, people in Walcha work in a managers occupation. In 2011, 67.7% of the homes in Walcha were owner-occupied compared with 70.1% in 2016.
Walcha has 1,631 properties. Over the last 5 years, Houses in Walcha have seen a 77.20% increase in median value, while Units have seen a 75.85% increase. As at 31 October 2024:
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