SOLD
Sold on 03 Oct 2023 for $9,900,000

6025 Yetman Road
Wallangra NSW 2360

Bedrooms: -
Bathrooms: -
Car spaces: -
Land area: 16390000m2
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Property Details for 6025 Yetman Rd, Wallangra

Building Type
Land
Land Size
16390000m2
Local Government
Inverell
Lot/Plan
72/DP750085

Last Listing description (July 2016)

"Arakoola Springs" 6025 Yetman Road, Wallangra 2360

Gentle undulation mixed farming grazing property approx 1600ha (4000 Acres). An excellent balance of cultivation soil types creates opportunities to grow cereal grain crops, winter fodder production, to fatten stock or pasture development.

AWARD WINNER: The barley crop on 'Arakoola Springs' was judged as one of the highest yielding crops in the district & achieved overall 2nd place in 2015 Crop Competition.

AREA: Approx 1621Ha (4003 Acres)

SERVICES: Single phase power, landline including satellite, school bus at front door to both Ashford & Inverell, Countrylink from Inverell to Sydney, mail 3 times per week, sale yards at Inverell.

INVERELL SHIRE COUNCIL RATES: $6500.00 p.a.

COUNTRY: Gently undulating country giving rise to variety of basalt soils, black chocolate & red & loamy granite soils.

TIMBER: The treed areas on 'Arakoola Springs' offer perfect location for lambing & calving & shearing shelter sections.

ARABLE AREA: Approx 1400 Acres, some 1700 Acres has been cultivated.

WATER: A natural wide waterway transverses the property that carries an all-year-round body of feed. Cucumber Creek flows through the property. There are 24 dams, a bore & 2 wells.
Windmill over well in Western boundary paddock supplies 3 tanks & 1 trough. Well in creek with windmill supplies tank & trough near creek.

4 year old bore in creek 10m deep, Genquip generator (manual start) pumps to tank on hill near residence that supplies water to residence sheds, yards, shearing shed, then pumps to tank at front of property to troughs.

Water in all paddocks, most of dams desilted & enlarged troughs in most paddocks or infrastructure in place to install troughs.

RAINFALL: Approx 28 inches annually.

FENCING: Well-maintained boundary fence. 25 paddocks.

GRAZING: The 2 large grazing paddocks on Western boundary are serviced by well & dam & 80 Acres of cultivation suitable for oat production as a lock-up-and-forget winter paddock. Soft natural grasses.

MACHINERY SHED: 13 x 25m machinery shed including workshop

SHEARING SHED: 3 stand shearing shed with raised board plus grain storage area.

CATTLE YARDS: Steel & timber cattle yards.

SHEEP YARDS: Portable steel sheep yards.

CARRYING CAPACITY: 400 to 500 Breeders depending on management.

IMPROVEMENTS: Comfortable 4 Bedroom Federation-style homestead surrounded by well-planned, easy-to-maintain grounds.

SNAPSHOT OF LOCAL AGRICULTURAL INDUSTRY:
Saleyards at Inverell are the 6th largest selling centre in the state. Weekly fat cattle and sheep sales, monthly store cattle sales.

Major export abattoir at Inverell is supported by 20,000hd backgrounding partners, 20,000hd feedlot & one of the largest International beef trading companies.

Property History for 6025 Yetman Rd, Wallangra, NSW 2360

A timeline of how this property has performed in the market
Last Sold
$9,900,000
03 Oct 2023
  • 03 Oct 2023
    Sold for $9,900,000
  • 12 Dec 2016
    Sold for $388,611,259
  • 22 Apr 2016
    Sold for $3,000,000
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About Wallangra 2360

The size of Wallangra is approximately 399.4 square kilometres. It has 5 parks covering nearly 5.9% of total area. The population of Wallangra in 2011 was 195 people. By 2016 the population was 87 showing a population decline of 55.4% in the area during that time. The predominant age group in Wallangra is 0-9 years. Households in Wallangra are primarily childless couples and are likely to be repaying under $300 per month on mortgage repayments. In general, people in Wallangra work in a managers occupation. In 2011, 71.8% of the homes in Wallangra were owner-occupied compared with 65.8% in 2016..

Wallangra has 82 properties.

    There are currently 1 property listed for sale, and no properties listed for rent in Wallangra on OnTheHouse. According to CoreLogic's data, 3 properties were sold in the past 12 months in Wallangra.

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    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.