OFF MARKET

710 Springmount Road
Hindmarsh Tiers SA 5202

Bedrooms: 3
Bathrooms: 1
Car spaces: -
Land area: 2268000m2
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Property Details for 710 Springmount Rd, Hindmarsh Tiers

Building Type
Land
Year Built
1975
Land Size
2268000m2
Local Government
Victor Harbor
Lot/Plan
A51/D94063

Last Listing description (February 2018)

THIS IS A MUST-SEE, VISUALLY STUNNING 226.8HA (APPROX 560 ACRES) AND HIGHLY PRODUCTIVE PROPERTY THAT IS EXCEPTIONALLY WELL SET UP WITH GOOD FENCING FOR ROTATIONAL GRAZING AND DIVIDED INTO APPROXIMATELY 45 MAIN PADDOCKS PLUS SOME SMALLER HOLDING PADDOCKS. THE COUNTRY IS GENTLY ROLLING IN NATURE WITH A CENTRAL VALLEY WHICH HAS BEEN SENSIBLY RETAINED AS REMNANT SCRUB, PROVIDING A BEAUTIFUL VARIATION OF LANDSCAPE. THIS IS ONE OF THE PREMIER GRAZING AREAS IN THE STATE AND GOOD MANAGEMENT OVER THE YEARS HAS PROVIDED SUPERIOR PASTURES OF CLOVERS, RYE GRASS, COCKS FOOT, PHALARIS AND MEDIC. THE HINDMARSH TIERS AREA HAS ONE OF THE HIGHEST RAINFALLS ON THE FLEURIEU PENINSULA AND WATER STORAGE IS AN EXCEPTIONAL FEATURE OF THIS PROPERTY, WITH APPROXIMATELY 50 DAMS PLUS PERMANENT RUNNING SPRINGS. THE 3 LARGE DAMS ARE SAID TO COLLECTIVELY HOLD 70.2MEG. A SIGNIFICANT ASSET THAT IS INCLUDED IN THE PRICE FOR THIS PROPERTY IS A 111MEG WATER LICENCE WHICH PROVIDES THE OPPORTUNITY FOR IRRIGATING AROUND 40 ACRES OF EXISTING PASTURE OR SUMMER FORAGE CROPS SUCH AS LUCERNE, FORAGE CEREALS, ETC. IN THE PAST IT IS ESTIMATED THAT 200 ACRES HAS BEEN USED FOR HAY PRODUCTION AND THAT IT HAS ALSO CARRIED UP TO 200 BREEDING COWS OR 400 STEERS FOR FATTENING AT DIFFERENT TIMES. THE IMPROVEMENTS INCLUDE TWO CONSERVATIVE BUT FUNCTIONAL HOMESTEADS, ONE OF WHICH IS CLASSIFIED AS A STUDIO/GUEST ROOM IN THE EYES OF THE VICTOR HARBOR COUNCIL, HOWEVER IT COULD BE MADE INTO A B&B ACCOMMODATION SUBJECT TO ALL RELEVANT CONSENTS. OTHER IMPROVEMENT ARE A BESSER BLOCK DAIRY BUILDING AND ASSOCIATED YARDS, POST AND IRON CLAD HAY SHED, IMPLEMENT/STORAGE SHED, WORKSHOP, STOCK YARD WITH CRUSH AND LOADING RAMP PLUS VARIOUS OTHER SUNDRY IMPROVEMENTS. THE PROPERTY IS ONLY AROUND 10KMS SOUTH OF MYPONGA AND THE SERVICES, SHOPPING, SCHOOLS, HOTELS/CAFES OF YANKALILLA, VICTOR HARBOR AND MCLAREN VALE WITHIN APPROXIMATELY 30 MINUTES. THE ADELAIDE CBD IS AROUND A 70 MINUTE DRIVE VIA THE SOUTHERN EXPRESSWAY. CALL ME TO MAKE AN APPOINTMENT TO GO OVER THIS WONDERFUL PROPERTY.

Property History for 710 Springmount Rd, Hindmarsh Tiers, SA 5202

A timeline of how this property has performed in the market
Last Sold
$2,000,000
07 Apr 2017
  • 13 Feb 2018
    Listed for Sale $2,475,000 (INCL. WATER LICENCE)
  • 07 Apr 2017
    Sold for $2,000,000
  • 05 Sep 2016
    Listed for Sale $2,475,000 (incl. Water Licence)
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About Hindmarsh Tiers 5202

The size of Hindmarsh Tiers is approximately 41 square kilometres. It has 1 park covering nearly 2.7% of total area. The population of Hindmarsh Tiers in 2011 was 634 people. By 2016 the population was 93 showing a population decline of 85.3% in the area during that time. The predominant age group in Hindmarsh Tiers is 50-59 years. Households in Hindmarsh Tiers are primarily childless couples and are likely to be repaying $1000 - $1399 per month on mortgage repayments. In general, people in Hindmarsh Tiers work in a managers occupation. In 2011, 79.9% of the homes in Hindmarsh Tiers were owner-occupied compared with 66.7% in 2016..

Hindmarsh Tiers has 98 properties. Over the last 5 years, Houses in Hindmarsh Tiers have seen a 95.94% increase in median value. As at 30 September 2024:

  • The median value for Houses in Hindmarsh Tiers is $1,018,859.
There are currently no properties listed for sale, and no properties listed for rent in Hindmarsh tiers on OnTheHouse. According to CoreLogic's data, 3 properties were sold in the past 12 months in Hindmarsh tiers.

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Disclaimer
Whilst all reasonable effort is made to ensure the information in this publication is current, CoreLogic does not warrant the accuracy or completeness of the data and information contained in this publication and to the full extent not prohibited by law excludes all for any loss or damage arising in connection with the data and information contained in this publication.