SOLD
Sold on 20 Mar 2024 for $1,200,000

1056 Baan Hill Road
Lameroo SA 5302

Bedrooms: -
Bathrooms: -
Car spaces: -
Land area: 11540000m2
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Property Details for 1056 Baan Hill Rd, Lameroo

Building Type
Rural
Land Size
11540000m2
Local Government
Southern Mallee
Lot/Plan
S43/H730100

Last Listing description (March 2024)

Well located in an approximately 390 mm rainfall area, 24 km south west of Lameroo, 21 km south of Mallee Highway and approximately 217 km south east of Adelaide.

Comprising 1,154 Ha or 2,851 Acres, 1 title, vendor estimates approx. 2/3rds pasture ground, balance shelter and set-aside scrub areas. Well fenced into 7 main paddocks.
Good water, 2 bores equipped with solar tracking bed submersibles, and tanks, storages, solid concrete troughs.

Pasture comprises Veldt Grass, some Primrose, plus native clovers and grasses. Open areas could suit cropping or hay production if desired.

Improvements comprise open plan lined shed with verandah, set up with gas appliances, generator power, rain water. Adjacent is a modern steel framed lockable Implement shed/workshop. Good set of creosote post and rail cattle yards, with crush and steel ramp.

An appealing combination of income producing grazing country with plenty of scope for further development that is well set up with fencing, waters and facilities, in such a pleasant and secluded location.

"The Block" besides offering income, is a great place to escape to with friends with back to nature camping areas to wind-back and enjoy a private rural escape with family and friends.

Expression of Interest Closing Wednesday 5th April 2023 at 12 Noon

Details Gavin Clarke 0417 859733 and Jarryd Finch 0407 722 737

Disclaimer: We have in preparing this information used our best endeavours to ensure that the information contained herein is true and accurate but accept no responsibility and disclaim all liability in respect of any errors, omissions, inaccuracies, or misstatements that may occur. Prospective purchasers should make their own enquiries to verify the information contained herein. Elders Real Estate RLA62833

Property History for 1056 Baan Hill Rd, Lameroo, SA 5302

A timeline of how this property has performed in the market
Last Sold
$1,200,000
20 Mar 2024
  • 20 Mar 2024
    Sold for $1,200,000
  • 28 Feb 2023
    Listed for Sale Expression of Interest Closing 5th April 12noon
  • 20 Jul 2021
    Sold for $1,200,000
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About Lameroo 5302

The size of Lameroo is approximately 1,497.2 square kilometres. It has 3 parks covering nearly 3% of total area. The population of Lameroo in 2011 was 846 people. By 2016 the population was 850 showing a population growth of 0.5% in the area during that time. The predominant age group in Lameroo is 50-59 years. Households in Lameroo are primarily childless couples and are likely to be repaying $800 - $999 per month on mortgage repayments. In general, people in Lameroo work in a managers occupation. In 2011, 72.4% of the homes in Lameroo were owner-occupied compared with 72% in 2016.

Lameroo has 859 properties. Over the last 5 years, Houses in Lameroo have seen a 59.53% increase in median value. As at 31 October 2024:

  • The median value for Houses in Lameroo is $210,672 while the median value for Units is $1,043,124.
There are currently 4 properties listed for sale, and no properties listed for rent in Lameroo on OnTheHouse. According to CoreLogic's data, 20 properties were sold in the past 12 months in Lameroo.

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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.