741 Stokes Bay RoadDuncan SA 5223
Property Details for 741 Stokes Bay Rd, Duncan
Last Listing description (December 2022)
For sale "Best Offers" by Friday 7th October, 2022
"An opportunity to use pre tax dollars to reclaim a conventional farming operation in one of the most reliable high rainfall areas in the state"
- Removing the standing timber could be a collaborative exercise between the new and the current owners, concurrent with re-establishment of grazing operations
- Total area planted approx. 633 ha, balance breaks, headlands, and native vegetation.
- Forestry approval in place.
- Originally planted as an "agroforestry" spacing, with 300 stems/ha
- Cattle grazed under the trees for the first 10 years, and as a consequence of the fires of 2019/20, there has been considerable pasture regeneration
- Zoned Primary Production
- Reliable 650mm/26" rainfall country
- 11 km from Parndana, 12 Km from Stokes Bay, sealed road frontage
- Improvements consist of an open fronted machinery shed.
- 2 smaller titles comprise 100 ha each, both with frontage to the Cygnet River system.
Elders Real Estate RLA62833
Property History for 741 Stokes Bay Rd, Duncan, SA 5223
- 01 Dec 2022Sold for $5,250,000
- 02 Sep 2022Listed for Sale UNDER CONTRACT
- 01 Sep 2009Transferred
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About Duncan 5223
The size of Duncan is approximately 173.5 square kilometres. The population of Duncan in 2011 was 406 people. By 2016 the population was 69 showing a population decline of 83.0% in the area during that time. The predominant age group in Duncan is 50-59 years. Households in Duncan are primarily childless couples and are likely to be repaying $1000 - $1399 per month on mortgage repayments. In general, people in Duncan work in a managers occupation. In 2011, 69.1% of the homes in Duncan were owner-occupied compared with 44% in 2016..
Duncan has 60 properties. Over the last 5 years, Houses in Duncan have seen a 20.78% increase in median value. As at 31 October 2024:
- The median value for Houses in Duncan is $804,120.
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