The Gums is located 7.5kms from Penola off Weirs Lane in the South East of South Australia. Penola is located 380kms from Adelaide and 420kms from Melbourne with great access to all markets in between.
452 Acres of heavy black loam grazing country in the heart of the South East of South Australia. The property is generally flat with areas of low-lying country which can become inundated during winter periods and balanced by good high banks which make the allotment a good late finishing block.
Very strong pasture base with a good base of Phalaris and Clover. 125kg per hectare of superphosphate has been applied annually to the property for the last 8 years of which the property has been under lease.
Features include:
- 2 Residences (in need of renovation)
- 3 Stand woolshed not equipped
- Steel and timber sheep yards
- Steel cattle yards
- Machinery and hay shed
- Excellent fencing
- 2 windmills
- Bore at house watering most paddocks
Property Code: 596
The size of Monbulla is approximately 156.7 square kilometres. It has 3 parks covering nearly 1.8% of total area. The population of Monbulla in 2011 was 1,706 people. By 2016 the population was 113 showing a population decline of 93.4% in the area during that time. The predominant age group in Monbulla is 0-9 years. Households in Monbulla are primarily childless couples and are likely to be repaying under $300 per month on mortgage repayments. In general, people in Monbulla work in a managers occupation. In 2011, 70.7% of the homes in Monbulla were owner-occupied compared with 80% in 2016..
Monbulla has 120 properties. As at 31 October 2024:
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