Property Details for 433 Hoffman Rd, Loveday
Last Listing description (October 2016)
This vineyard is located approximately midway between Barmera and Loveday and accessible either from Hunt Road or Hoffman Road on the pipeline reserve track. Currently on two sections it comprises of a total of approximately 7 hectares (approximately 18 acres) on sandy red loam on ridges to heavier clay on low areas.
Varieties are on own roots and include Shiraz 1.55 Ha, Petit Verdot 1.56Ha, Chardonnay 1.20 Ha and Cabernet Sauvignon 1.07 Ha. There is a small section of Mataro planted for the box market. You will have Water Delivery Rights of 60 Megalitres and will need to lease or buy in water allocation. There is manual watering with drip irrigation and fertigation. Gross income varies up to say $30,000 per annum (excluding expenses). Total tonnages for 2015 was approximately 100.
The property is in the process of final subdivision and creation of an easement for access.
Property History for 433 Hoffman Rd, Loveday, SA 5345
- 25 Sep 2015Listed for Sale Not Disclosed
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0About Loveday 5345
The size of Loveday is approximately 58.9 square kilometres. The population of Loveday in 2011 was 661 people. By 2016 the population was 620 showing a population decline of 6.2% in the area during that time. The predominant age group in Loveday is 60-69 years. Households in Loveday are primarily couples with children and are likely to be repaying $1000 - $1399 per month on mortgage repayments. In general, people in Loveday work in a labourer occupation. In 2011, 79.1% of the homes in Loveday were owner-occupied compared with 78.9% in 2016.
Loveday has 379 properties. Over the last 5 years, Houses in Loveday have seen a 107.97% increase in median value. As at 31 October 2024:
- The median value for Houses in Loveday is $400,826 while the median value for Units is $540,812.
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