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Lucas Paddock Road
Pinnacle QLD 4741

Bedrooms: -
Bathrooms: -
Car spaces: -
Land area: 474070m2
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Property Details for Lot 5 Lucas Paddock Rd, Pinnacle

Building Type
Rural
Land Size
474070m2
Local Government
Mackay Regional
Lot/Plan
7/SP143352

Last Listing description (December 2015)

L5 & L7 Lucas Paddock Road.
The property has 2 titles with a total of 117.13 acres and 92.66 acres under cane. Averaging approximately 3000t of cane per year this property is an ideal property as an extension to existing farm of a starter property for someone looking to get into cane farming. Farmed by the same family for a couple of generations the property this property has consistently produced good averages over a long period. The property has pressurized water from the Teemburra Dam with a 113 meg allocation and a hard hose irrigator will be included in the sale. Only a couple of kilometers from Pinnacle Township this property is in a prime location.

Property History for Lot 5 Lucas Paddock Rd, Pinnacle, QLD 4741

A timeline of how this property has performed in the market
Last Sold
$560,000
16 Nov 2015
  • 16 Nov 2015
    Sold for $560,000
  • 22 Oct 2015
    Listed for Sale $600,000 neg

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About Pinnacle 4741

The size of Pinnacle is approximately 159.9 square kilometres. It has 2 parks covering nearly 17.7% of total area. The population of Pinnacle in 2011 was 338 people. By 2016 the population was 206 showing a population decline of 39.1% in the area during that time. The predominant age group in Pinnacle is 50-59 years. Households in Pinnacle are primarily childless couples and are likely to be repaying under $300 per month on mortgage repayments. In general, people in Pinnacle work in a managers occupation. In 2011, 75.6% of the homes in Pinnacle were owner-occupied compared with 78.2% in 2016..

Pinnacle has 148 properties. Over the last 5 years, Houses in Pinnacle have seen a 66.78% increase in median value. As at 31 August 2024:

  • The median value for Houses in Pinnacle is $464,503.
There are currently 2 properties listed for sale, and 1 property listed for rent in Pinnacle on OnTheHouse. According to CoreLogic's data, 9 properties were sold in the past 12 months in Pinnacle.

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