OFF MARKET

368 Elgin Lane
Clay Wells SA 5280

Bedrooms: 3
Bathrooms: 1
Car spaces: 1
Land area: 6851000m2
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Property Details for 368 Elgin Lane, Clay Wells

Building Type
Land
Year Built
1960
Land Size
6851000m2
Local Government
Wattle Range
Lot/Plan
S100/H422000

Last Listing description (April 2016)

1167.81 hectares/ 2885.65 acres
Elgin is undoubtedly some of the best developed, advanced grazing land in the South East of South Australia. A premium high carrying quality property.
Extensive capital works, development and infrastructure has been invested into Elgin to maximize its full potential and allow day to day operation an ease. Heavy black fertile flats to red loams, shelter tree lines on the range. Strong fertilizer history, with 100-120kg per the hectare yearly. Pasture renovation in all paddocks which has Elgin currently operating with no supplementary feeding, record harvesting results of 3-4 tonne of broad beans to the hectare. Submersible pump at the main shed (3 phase, 6 hp, with cellar visor system, has sensor at the bore activating phone alarm via text of any irregularities) Bore situated on the property with three phase power within metres, all water to concrete troughs in excellent condition. Stocking 800-900 cows plus calves to a weaning weight of 300kg live weight.

This property has a comfortable managers residence (Mount Gambier stone home)
-Galvanized 5 bay machinery shed concreted with service pit
-Undercover concreted steel timber construction cattle yards.
This property is not to be overlooked, assets such as Elgin rarely come on the market
Walk in walk out option can be negioatied if required.

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Property History for 368 Elgin Lane, Clay Wells, SA 5280

A timeline of how this property has performed in the market
Last Sold
$6,500,000
30 Mar 2016
  • 30 Mar 2016
    Sold for $6,500,000
  • 01 Sep 2015
    Listed for Sale Refer to Agent
  • 20 Jan 2011
    Sold for $4,075,000

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About Clay Wells 5280

The size of Clay Wells is approximately 111.2 square kilometres. It has 3 parks covering nearly 0.7% of total area. The population of Clay Wells in 2011 was 878 people. By 2016 the population was 23 showing a population decline of 97.4% in the area during that time. The predominant age group in Clay Wells is 40-49 years. Households in Clay Wells are primarily childless couples and are likely to be repaying $1000 - $1399 per month on mortgage repayments. In general, people in Clay Wells work in a labourer occupation. In 2006, 27.2% of the homes in Clay Wells were owner-occupied compared with 76.1% in 2011..

Clay Wells has 49 properties. As at 31 August 2024:

  • The median value for Houses in Clay Wells is $357,139.
There are currently no properties listed for sale, and no properties listed for rent in Clay wells on OnTheHouse. According to CoreLogic's data, no properties were sold in the past 12 months in Clay wells.

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