SOLD
Sold on 26 Jun 2024 for $1,300,000

2684 New Well Centre Road
New Well SA 5357

Bedrooms: 6
Bathrooms: 2
Car spaces: 1
Land area: 17870000m2
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Property Details for 2684 New Well Centre Rd, New Well

Building Type
Rural
Land Size
17870000m2
Local Government
Loxton Waikerie
Lot/Plan
S4/H701300

Last Listing description (April 2024)

The offering of 'Marfield' provides a wonderful opportunity to acquire a substantial, well managed cropping and grazing property in the well known Swan Reach area of the South Australian Mallee with the reputation of this district in producing consistent cereal crops and medium quality wools having been maintained over the years.

The major Riverland towns of Waikerie and Loxton are 20 minutes and 45 minutes away respectively, each boasting extensive facilities including medical, educational, business and sporting. The important centre of Murray Bridge is just 1 1/2 hours away and the Barossa is similar distance.

Swan Reach is also just 20 minutes away and Adelaide a comfortable 2 hour drive to the west.

Management of 'Marfield' has been outstanding. The diligent land and grazing management programs, combined with well maintained improvements, provide genuine benefits to intending purchasers and make this property one of the most outstanding offerings in the district for sometime.

Inspection arrangements by appointment with exclusive agent, Rob Calaby of Calaby Real Estate.

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Property History for 2684 New Well Centre Rd, New Well, SA 5357

A timeline of how this property has performed in the market
Last Sold
$1,300,000
26 Jun 2024
  • 26 Jun 2024
    Sold for $1,300,000
  • 08 Dec 2023
    Listed for Sale $1,500,000
  • 21 Dec 2018
    Sold for $1,000,000
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About New Well 5357

The size of New Well is approximately 209.2 square kilometres. The population of New Well in 2011 was 412 people. By 2016 the population was 9 showing a population decline of 97.8% in the area during that time. The predominant age group in New Well is 40-49 years. Households in New Well are primarily couples with children and are likely to be repaying $1800 - $2399 per month on mortgage repayments. In general, people in New Well work in a managers occupation. In 2011, 78.6% of the homes in New Well were owner-occupied compared with 200% in 2016..

New Well has 17 properties.

    There are currently no properties listed for sale, and no properties listed for rent in New well on OnTheHouse. According to CoreLogic's data, 2 properties were sold in the past 12 months in New well.

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