This 484ac property is Truly a Premium Multifaceted Consideration. Whether it be Cattle Breeding, Fattening, Hay or Grain, this property leaves all options open.
There is approximately 100ac of quality Splinter Creek black soil flats. This is backed up with a 150ML allocation with an unlimited flood licence allocation from the creek also The bore is equipped with an electric submersible pump, pumping 12,000gph through 4' PVC mains with strategically placed hydrants.
The property is 100% white on the veg mapping. Off the creek flats the property is selectively cleared broadleaf iron bark and box country. Good deep soils and long flowing hollows give good all year round pastures that consist of rodes, seca sylo, wynn cassia and native grasses. There are 4 dams that give good access to year round water in these areas. There is a permanent natural wet land that supports the total grazing and water needs of this outstanding property.
The size of Bancroft is approximately 215.7 square kilometres. It has 1 park covering nearly 2.9% of total area. The population of Bancroft in 2011 was 278 people. By 2016 the population was 78 showing a population decline of 71.9% in the area during that time. The predominant age group in Bancroft is 30-39 years. Households in Bancroft are primarily childless couples and are likely to be repaying $1400 - $1799 per month on mortgage repayments. In general, people in Bancroft work in a managers occupation. In 2011, 75.9% of the homes in Bancroft were owner-occupied compared with 79.4% in 2016..
Bancroft has 70 properties. Over the last 5 years, Houses in Bancroft have seen a 171.73% increase in median value. As at 31 October 2024:
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