OFF MARKET

768 Peweena Road
Mingbool SA 5291

Bedrooms: -
Bathrooms: -
Car spaces: -
Land area: 1357000m2
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Property Details for 768 Peweena Rd, Mingbool

Building Type
Rural
Year Built
1950
Land Size
1357000m2
Local Government
Grant
Lot/Plan
S389/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 2 Meldana Dairy 768 Peweena Road Mingbool
137.59Ha (340 acres) WSPL
Well fenced and pastured
13 aside double up herringbone dairy
Currently milking 350 cows
GEA Tcool 12000l milk silo
3 phase power
Cablevey feed system
50 tonne silo
4 bedroom 1946 timber framed vinyl clad home
14000kl water licence with travelling irrigator (14m/l) Licence No. 11318
214.198kl (214.198m/l) Part licence No 9033
Well fenced with central laneway system
RLA 197633

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Property History for 768 Peweena Rd, Mingbool, SA 5291

A timeline of how this property has performed in the market
Last Sold
$2,400,000
06 Oct 2017
  • 06 Dec 2017
    Sold for $1,927,900
  • 06 Oct 2017
    Sold for $2,400,000
  • 24 Aug 2017
    Listed for Sale Auction

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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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