SOLD
Sold on 15 May 2024 for $1,100,000

128 Smith Road
Magnolia QLD 4650

Bedrooms: -
Bathrooms: -
Car spaces: -
Land area: 449730m2
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Property Details for 128 Smith Rd, Magnolia

Building Type
Rural
Land Size
449730m2
Local Government
Fraser Coast Regional
Lot/Plan
16/RP7775

Last Listing description (August 2024)

Some of the best farming land in the Maryborough district is the best way to describe this property. Rich red volcanic soils, an irrigation quality bore which has enough water to easily irrigate the entire 111-acre (approx) block and a centre pivot irrigator set up in place doing the job.
Adding to this is the fact that the property is in four title deeds all with two road frontage. Each title averaging 28 acres (approx) each in size.
Grow what ever you like, run a fence around the entire block and use the water to fatten or grow out cattle.

Build a home on one title for yourself and then let family members also choose a title to build on, keeping family or relatives close by.
The land is gently undulating with high points on the block from were you get commanding views out over the block and surrounding country side and through to Mt Bauple in the south.
Other fixed improvements include a couple of older style machinery sheds, old barn converted to a liveable dwelling which has been tastefully renovated by the current tenants, power to different points on the property and council maintained roads to boundaries of the block.
If you are in the market for genuine piece of farming land then this property and its features certainly wont disappoint.
GST free if the buyer meets certain GST criteria regarding farming land. Owner to retain 2024 cane crop unless some agreement is reached between the owner and the buyer.
Please call Phil Edmunds for more information.

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Property History for 128 Smith Rd, Magnolia, QLD 4650

A timeline of how this property has performed in the market
Last Sold
$1,100,000
15 May 2024
  • 15 May 2024
    Sold for $1,100,000
  • 18 Apr 2024
    Listed for Sale Offers above $1,100,000
  • 15 Sep 2020
    Listed for Sale $1.1 million
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About Magnolia 4650

The size of Magnolia is approximately 24.1 square kilometres. It has 1 park covering nearly 0.7% of total area. The population of Magnolia in 2011 was 359 people. By 2016 the population was 126 showing a population decline of 64.9% in the area during that time. The predominant age group in Magnolia is 50-59 years. Households in Magnolia are primarily childless couples and are likely to be repaying $1400 - $1799 per month on mortgage repayments. In general, people in Magnolia work in a trades occupation. In 2011, 86.1% of the homes in Magnolia were owner-occupied compared with 71.1% in 2016..

Magnolia has 78 properties. Over the last 5 years, Houses in Magnolia have seen a 110.56% increase in median value. As at 30 November 2024:

  • The median value for Houses in Magnolia is $721,896.
There are currently 3 properties listed for sale, and no properties listed for rent in Magnolia on OnTheHouse. According to CoreLogic's data, 6 properties were sold in the past 12 months in Magnolia.

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