OFF MARKET

1048 Crabbs Road
Newland SA 5223

Bedrooms: 9
Bathrooms: 4
Car spaces: 6
Land area: 4620000m2
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Property Details for 1048 Crabbs Rd, Newland

Building Type
Rural
Year Built
1960
Land Size
4620000m2
Local Government
Kangaroo Island
Lot/Plan
Q5/F125187

Last Listing description (October 2024)

832 and 1048 Crabbs Road, Lot 7 South Coast Road, Newland-Kangaroo Island

This highly productive and well managed property is a credit to Vendor and his family. Offered as a whole, comprising of:
- 1212 ha, on 3 contiguous titles, with approx. 900 ha pastured.

- Strong super history, and recent pasture renovation programme with 120 ha in
hay and crop
- 500-550 mm annual rainfall
- Located 54 Km southwest of Kingscote, and 22 Km southwest of Parndana, 8
Km northeast of majestic Vivonne Bay.
- Majority of functional improvements located at 1048 Crabbs Road.
- Very well served with farm dams, 43 of which still had usable stock water at
the break of the season this year.
- Fencing a feature, incorporating the north-south raceway, which picks up all of
the 30 paddocks. Boundary fences are vermin proof and double fenced in
sections that have neighbouring stock pressure.
- Two farm homesteads, one at each of the Crabbs Road locations, both served
with mains power.
- Other improvements include 4 stand raised curved board shearing shed,
excellent k-rail sheep yards, numerous machinery and other sheds, cattle
yards.
- Currently carrying 3149 mated ewes, 891 ewe lambs, 106 studs (inc hoggets), 120 rams (inc hoggets) and 100 wethers. 36 Angus cows with calves, 1 Bull.

Offers on a walk-in, walk-out basis would be considered.

Extensive list of well-maintained plant and equipment will be available.

Information Memorandum also available on request.

Property History for 1048 Crabbs Rd, Newland, SA 5223

A timeline of how this property has performed in the market
Last Transferred
06 Apr 2023
  • 12 Jul 2024
    Listed for Sale Expression of Interest
  • 06 Apr 2023
    Transferred

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About Newland 5223

The size of Newland is approximately 219.2 square kilometres. It has 1 park covering nearly 0.1% of total area. The population of Newland in 2011 was 406 people. By 2016 the population was 46 showing a population decline of 88.7% in the area during that time. The predominant age group in Newland is 60-69 years. Households in Newland are primarily childless couples and are likely to be repaying $600 - $799 per month on mortgage repayments. In general, people in Newland work in a managers occupation. In 2011, 69.1% of the homes in Newland were owner-occupied compared with 61.1% in 2016..

Newland has 55 properties. Over the last 5 years, Houses in Newland have seen a -40.00% decrease in median value. As at 31 August 2024:

  • The median value for Houses in Newland is $633,278.
There are currently no properties listed for sale, and no properties listed for rent in Newland on OnTheHouse. According to CoreLogic's data, 2 properties were sold in the past 12 months in Newland.

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Disclaimer
Whilst all reasonable effort is made to ensure the information in this publication is current, CoreLogic does not warrant the accuracy or completeness of the data and information contained in this publication and to the full extent not prohibited by law excludes all for any loss or damage arising in connection with the data and information contained in this publication.