448 Bahloo Glen RoadNangkita SA 5210
Property Details for 448 Bahloo Glen Rd, Nangkita
Last Listing description (June 2015)
***SOLD BY JURGEN OLLWITZ***
29.8HA (approx 74 acres) tucked away in the upper reaches of the fertile Nangkita Valley is this amazing property which the current owner calls Paradise . It contains a most interesting variation of landscape from some marshy wetlands which collectively generate a permanent spring fed creek + 3 spring fed dams approx 34 acres of grazing land and approximately 15 acres of remnant bushland.
To complement the ambiance of the property is a 25 acre olive grove which is well established and capable of producing a secondary income. The olive grove is approximately 11 years old and on a fully automated irrigation system via a bore. The grove comprises of approximately 6 varieties, being Frantoio, Leccino, Manzanillo, Pendolino and both Kalamata and Jumbo Kalamata. The grove is very consistent, pruned for mechanical harvesting, fully fenced and quickly approaching full production. It is currently being managed by an outside source leaving the owner without maintenance or day to day operational work.
The property provides for a choice of fantastic home sites some of which reveal tranquil valley views. All you have to do is build the home of your choice to complete your lifestyle dream. Ring me now to organise an inspection
Property History for 448 Bahloo Glen Rd, Nangkita, SA 5210
- 24 Jun 2015Sold for $480,000
- 22 May 2015Listed for Sale $497,000
- 18 Nov 1998Sold for $135,000
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About Nangkita 5210
The size of Nangkita is approximately 31.8 square kilometres. It has 4 parks covering nearly 8.6% of total area. The population of Nangkita in 2011 was 1,731 people. By 2016 the population was 197 showing a population decline of 88.6% in the area during that time. The predominant age group in Nangkita is 50-59 years. Households in Nangkita are primarily childless couples and are likely to be repaying $1800 - $2399 per month on mortgage repayments. In general, people in Nangkita work in a managers occupation. In 2011, 85.8% of the homes in Nangkita were owner-occupied compared with 82.9% in 2016.
Nangkita has 118 properties. Over the last 5 years, Houses in Nangkita have seen a 78.34% increase in median value. As at 31 October 2024:
- The median value for Houses in Nangkita is $992,579.
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