715 Peweena RoadMingbool SA 5291
Property Details for 715 Peweena Rd, Mingbool
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.
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 1 Nobes - 715 Peweena Road Mingbool
135.97Ha (336 acres) WSPL
Highly productive land
Part Licence No 9033 300000kl water licence with 1 functional centre pivot and one unused pivot
Well fenced and pastured
Dairy 16 swing over herringbone (not used currently)
4 Bedroom sandstone brick house with iron roof
Ample shedding
3 phase power
Excellent fertiliser history
RLA 197633
Property History for 715 Peweena Rd, Mingbool, SA 5291
- 05 Apr 2019Transferred for $2,050,000
- 28 Nov 2017Sold for $990,000
- 06 Oct 2017Sold for $1,420,000
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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 143 properties. Over the last 5 years, Houses in Mingbool have seen a 81.84% increase in median value. As at 31 October 2024:
- The median value for Houses in Mingbool is $620,120.
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