Lucas Paddock RoadPinnacle QLD 4741
Property Details for Lot 5 Lucas Paddock Rd, Pinnacle
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
- 16 Nov 2015Sold for $560,000
- 22 Oct 2015Listed 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 68.31% increase in median value. As at 31 October 2024:
- The median value for Houses in Pinnacle is $477,276.
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