OFF MARKET

500 Peweena Road
Mingbool SA 5291

Bedrooms: 4
Bathrooms: 1
Car spaces: -
Land area: 400900m2
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Property Details for 500 Peweena Rd, Mingbool

Building Type
Rural
Year Built
1960
Land Size
400900m2
Local Government
Grant
Lot/Plan
A1/D13104

Last Listing description (February 2023)

Ideally positioned 10klms north of Mount Gambier in the heart of Mil-Lel sits this elevated parcel of 40.09ha (99.06acres) with the house facing south overlooking all the local facilities of the Mil-Lel, hall, school and oval only a few minutes away.

A ridge runs through this acreage balancing the gentle rolling hills with this rich flat country.


Divided into 4 main paddocks with cattle yards and ramp, numerous storage sheds and an old crutching shed.

4 bedroom house with large living.
Numerous shedding.
Fencing, troughs, water system in good order.
10km north of Mount Gambier.
Elevated country with dark red loam soils.

Your inspection of this property is essential to appreciate the location, the improvements and the potential.
Contact: Scott Miller 0427 799 407 or Rob Jones 0417 294 116 to arrange an appointment.

For a copy of the property brochure; contact: Rob Jones 0417 294 116.

Expressions of Interest close 5pm Friday 18th November 2022 unless sold prior.

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Property History for 500 Peweena Rd, Mingbool, SA 5291

A timeline of how this property has performed in the market
Last Sold
$1,520,000
27 Jan 2023
  • 27 Jan 2023
    Sold for $1,520,000
  • 12 Oct 2022
    Listed for Sale Expressions of Interest Closes Fri 5pm 18th Nov 2022
  • 17 Jan 2020
    Sold for $750,000
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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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