OFF MARKET

1051 Peweena Road
Mingbool SA 5291

Bedrooms: -
Bathrooms: -
Car spaces: -
Land area: 660900m2
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Last updated 16 Sep 2024
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Property Details for 1051 Peweena Rd, Mingbool

1051 Peweena Rd, Mingbool is a bedroom, bathroom House. The property has a land size of 660900m2. While the property is not currently for sale or for rent, it was last transferred in October 2017.

Building Type
House
Land Size
660900m2
Local Government
Grant
Lot/Plan
S384/H421200

Last Listing description (October 2017)

Auction 6th October 2017, 11am Commodore on the Park
Meldana 491.48 Ha (1214 acres)
To be offered in 5 non contingent lots located in the blue ribbon Mingbool area situated 15 km north of Mount Gambier making it an ideal location to take advantage of the professional and agricultural services provided in this large regional centre.

528,198 KL of water is distributed between lots 1 and 2 with centre pivot and travelling irrigators.
Currently milking 350 cows but this property lends itself to any agricultural pursuit that the purchaser chooses.
Opportunities to purchase land in the Mingbool area are rare and with an annual rainfall of 700mm, the flat red gum country benefits from highly fertile, sandy loam, over clay soils.
Lot 4 Preeces - 1051 Peweena Road, Mingbool
66.09 Ha (163 acres) WSPL
Well fenced and pastured
Highly productive
Shearing shed and 2 haysheds
Single phase power but not connected
Bore disconnected
RLA 197633

Property History for 1051 Peweena Rd, Mingbool, SA 5291

A timeline of how this property has performed in the market
Last Transferred
$1,000,000
06 Oct 2017
  • 05 Apr 2019
    Transferred for $2,050,000
  • 28 Nov 2017
    Sold for $990,000
  • 06 Oct 2017
    Sold for $1,000,000
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About Mingbool 5291

The size of Mingbool is approximately 138 square kilometres. It has 1 park. The population of Mingbool in 2011 was 241 people. By 2016 the population was 120 showing a population decline of 50.2% in the area during that time. The predominant age group in Mingbool is 10-19 years. Households in Mingbool are primarily couples with children and are likely to be repaying $1800 - $2399 per month on mortgage repayments. In general, people in Mingbool work in a managers occupation. In 2011, 77.2% of the homes in Mingbool were owner-occupied compared with 76.2% in 2016..

Mingbool has 141 properties. Over the last 5 years, Houses in Mingbool have seen a 54.46% increase in median value. As at 31 August 2024:

  • The median value for Houses in Mingbool is $619,412.
There are currently 1 property listed for sale, and 1 property listed for rent in Mingbool on OnTheHouse. According to CoreLogic's data, 8 properties were sold in the past 12 months in Mingbool.

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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.