OFF MARKET

Lot 173 Merragallan Rd
Malanda QLD 4885

Bedrooms: -
Bathrooms: -
Car spaces: -
Land area: 988773m2
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Property Details for Lot 173 Merragallan Rd, Malanda

Building Type
Rural
Land Size
988773m2
Local Government
Tablelands Regional
Lot/Plan
173/NR4817

Last Listing description (December 2022)

A 244 acre Cattle property situated in the well sort after location of the Upper Barron, Atherton Tablelands. Currently running 150 mixed head, with the ability to run ~120 breeders. Comprising of undulating to steep sections with open valley floors, that hold year round green pastures consisting of Signal grass, Glycine, Setaria and Clovers. A very clean block, free of damaging pasture weeds with stands of trees for shade. Sectioned into 4 paddocks with 3 of the paddocks leading to a holding and laneway system. Good timber post external fencing and steel gates. The timber cattle yards hold 200 head, with an undercover Black River Vet Crush (new). Solar pump in the spring with a Mono-pump bore for backup. Creek starts on the property and is fenced to allow controlled access for stock 20,000 gallon tank which then gravity feeds to concrete troughs in each paddock. Concrete tank and trough at the cattle yards. There is a small lockable shed for storing equipment. Two road access with one road bituminized. Potential for sub-division pending approvals. Beautiful views across the Atherton Tablelands to Bartle Frere, Queensland highest mountain 8km to Malanda, 12km to Atherton and 2hrs to Cairns airport. Exceptional value at ~$4000 / acre.Disclaimer: Whilst every care has been taken to verify the accuracy of the details in this advertisement, For Sale By Owner (forsalebyowner.com.au Pty Ltd) cannot guarantee its correctness. Prospective buyers or tenants need to take such action as is necessary, to satisfy themselves of any pertinent matters.

Property History for Lot 173 Merragallan Rd, Malanda, QLD 4885

A timeline of how this property has performed in the market
Last Sold
$920,000
22 Aug 2017
  • 15 Oct 2019
    Listed for Sale $980,000
  • 22 Aug 2017
    Sold for $920,000
  • 08 Feb 2017
    Listed for Sale $980,000
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About Malanda 4885

The size of Malanda is approximately 44.8 square kilometres. It has 3 parks covering nearly 0.4% of total area. The population of Malanda in 2011 was 2,052 people. By 2016 the population was 1,996 showing a population decline of 2.7% in the area during that time. The predominant age group in Malanda is 60-69 years. Households in Malanda are primarily childless couples and are likely to be repaying $1000 - $1399 per month on mortgage repayments. In general, people in Malanda work in a professional occupation. In 2011, 66.5% of the homes in Malanda were owner-occupied compared with 70.2% in 2016.

Malanda has 1,126 properties. Over the last 5 years, Houses in Malanda have seen a 65.56% increase in median value, while Units have seen a 73.94% increase. As at 31 October 2024:

  • The median value for Houses in Malanda is $521,330 while the median value for Units is $410,647.
  • Houses have a median rent of $450 while Units have a median rent of $220.
There are currently 24 properties listed for sale, and 1 property listed for rent in Malanda on OnTheHouse. According to CoreLogic's data, 49 properties were sold in the past 12 months in Malanda.

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Disclaimer
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.