368 Elgin LaneClay Wells SA 5280
Property Details for 368 Elgin Lane, Clay Wells
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.
-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.
Property History for 368 Elgin Lane, Clay Wells, SA 5280
- 30 Mar 2016Sold for $6,500,000
- 01 Sep 2015Listed for Sale Refer to Agent
- 20 Jan 2011Sold 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 50 properties. Over the last 5 years, Houses in Clay Wells have seen a 11.40% increase in median value. As at 30 November 2024:
- The median value for Houses in Clay Wells is $357,139.
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