On behalf of Vendors, Matt & Sue May, Landmark Harcourts Minlaton are pleased to offer this mixed farming land for genuine sale by 'AUCTION'.
Rainfall of 450mm p.a. (approx.), makes this block an ideal and valuable addition to any farming operation.
The Property has been conservatively farmed under lease, over a number of years, with a focus on grazing. Being offered is 1013ha (2503ac), of which approx 428ha (1059ac) is sandy loam cropping soils, 133ha (329ac) Scrub grazing with the balance, about 456ha (1126ac), being a fenced off Native Vegetation Heritage area. The farming area is currently divided into 5 larger & 2 smaller paddocks plus House & Shed yards.
The size of Foul Bay is approximately 212.6 square kilometres. It has 1 park covering nearly 0.9% of total area. The population of Foul Bay in 2011 was 242 people. By 2016 the population was 33 showing a population decline of 86.4% in the area during that time. The predominant age group in Foul Bay is 50-59 years. Households in Foul Bay are primarily childless couples and are likely to be repaying not stated per month on mortgage repayments. In general, people in Foul Bay work in a managers occupation. In 2011, 75.2% of the homes in Foul Bay were owner-occupied compared with 95.6% in 2016..
Foul Bay has 183 properties. Over the last 5 years, Houses in Foul Bay have seen a 126.86% increase in median value. As at 30 September 2024:
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