This 150 acres of grazing was previously part planted to irrigated small crops. The property has a 466 metre frontage to the Bruce Highway and a large dam at the highway end of the block. The 1.1 kilometre deep block also has a gazetted road the full length of the southern side and an easement running down the northern side with stock route at the rear. It also features a comfortable 3 bedroom air-conditioned low set steel framed cottage with submersible pump and water tank with a pressure pump for domestic use. There is also a large machinery/packing shed with a large section of concrete floor and power connected. Fencing is in reasonable condition on the property which is currently agisted for cattle to the neighbouring graziers. A small creek snakes through the property which could be utilized for water harvesting to supplement the dam in rain events. Being right in the heart of the Gumlu horticulture precinct this holding has potential for grazing as well as crops, fruit trees etc.
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The size of Gumlu is approximately 388.5 square kilometres. The population of Gumlu in 2011 was 221 people. By 2016 the population was 165 showing a population decline of 25.3% in the area during that time. The predominant age group in Gumlu is 30-39 years. Households in Gumlu are primarily childless couples and are likely to be repaying under $300 per month on mortgage repayments. In general, people in Gumlu work in a managers occupation. In 2011, 62.2% of the homes in Gumlu were owner-occupied compared with 70% in 2016..
Gumlu has 98 properties. Over the last 5 years, Houses in Gumlu have seen a 136.34% increase in median value. As at 31 October 2024:
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