Situation:
Positioned in the Mt Molar district 45km from Toowoomba, 10km Clifton and 170km Brisbane.
Facilities:
Mount Molar Plains has arguably some of the best fertile soil on the inner Downs, suited to a wide variety of crops and ventures. 311 acres* is under cultivation, at present 50 Hectares is fallowed and ready for planting with the balance being Sobbe Gully and associated waterways.
Irrigation: 2 Irrigation Licences - 136 MEG in total.
Lic 30730T 64 MEG
Lic 80089T 72 MEG
Irrigation bore, drilled in 1969, 35.1m deep, bore fitted with a 65HP John Deere engine and turbine pump. Pumping 20,000 GPH* approx.
Fencing: Boundary is fenced.
Remarks: In any business it's all about cash flow. Mount Molar Plains, with its excellent soil type and irrigation, can certainly keep the crop rotation going in the driest of times. This property is an excellent fit as a standalone or add on to complement your existing portfolio.
The size of Mount Molar is approximately 37.5 square kilometres. The population of Mount Molar in 2011 was 520 people. By 2016 the population was 122 showing a population decline of 76.5% in the area during that time. The predominant age group in Mount Molar is 60-69 years. Households in Mount Molar are primarily childless couples and are likely to be repaying $1400 - $1799 per month on mortgage repayments. In general, people in Mount Molar work in a managers occupation. In 2011, 78.3% of the homes in Mount Molar were owner-occupied compared with 78.6% in 2016..
Mount Molar has 50 properties. Over the last 5 years, Houses in Mount Molar have seen a 57.58% increase in median value. As at 31 October 2024:
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