OFF MARKET

488 Main Street
Owen SA 5460

Bedrooms: -
Bathrooms: 1
Car spaces: 2
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Property Details for 488 Main St, Owen

Building Type
Land
Local Government
Wakefield

Last Listing description (October 2015)

All the work has been done so have a look here, your dreams are about to come true. The trees were planted about 15 years ago. There are 4 varieties of which 3 different varieties help with creating a unique taste and texture of olive oil. The 3 main oil producing olives are Koronaki ( approx 300 trees), Manaki ( approx 300 trees) and Mediterranean ( approx 400 trees). The 4th variety is Kalamata (approx 200 trees) are mainly for eating and the larger type) There is a total of around 1200 trees. The farm has been producing approximately the following yields over the last 10 years.
2014- 4 tonne-produced 850litres
2013-4 tonne-produced 850litres

2012-25 tonne-produced 2600 litres
2011- 3.5 tonne- 600 litres
2010- 6 tonne- 1200 litres.
2005-2010-average of 2-3 tonne.
The water system is a dripper system, simply turn on mains water and the whole farm gets watered. The fertilizer is distributed through the watering system as well. The dripper system has been set up for an automated system and can be connected easily.
The yield could be increased with more watering and maintenance during blooming seasons.
There are 2 sheds-1 a main work/storage/grading shed and the other has been fitted out with living /kitchen /shower /toilet and hot water for a few comforts while working there.
1 shed is 6 m x 6 m the other is 6 m x 12 m, Included are 1 Massey Ferguson tractor, new slasher, disc, cultivator and 2 x 200 litre sprays.
The farm also has 2 phase power. The property is fully fenced so no maintenance is required. The vendors are motivated to sell. Arrange an inspection ASAP.

Property History for 488 Main St, Owen, SA 5460

A timeline of how this property has performed in the market
  • 11 Jan 2013
    Listed for Sale Vendor says reduce the price sell it at $220,000
  • 01 Jun 2011
    Listed for Sale 295000

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About Owen 5460

The size of Owen is approximately 127.6 square kilometres. The population of Owen in 2011 was 635 people. By 2016 the population was 513 showing a population decline of 19.2% in the area during that time. The predominant age group in Owen is 10-19 years. Households in Owen are primarily childless couples and are likely to be repaying $800 - $999 per month on mortgage repayments. In general, people in Owen work in a managers occupation. In 2011, 82.2% of the homes in Owen were owner-occupied compared with 85.6% in 2016.

Owen has 375 properties. Over the last 5 years, Houses in Owen have seen a 94.12% increase in median value, while Units have seen a 66.15% increase. As at 31 October 2024:

  • The median value for Houses in Owen is $358,236 while the median value for Units is $280,153.
There are currently 2 properties listed for sale, and 1 property listed for rent in Owen on OnTheHouse. According to CoreLogic's data, 12 properties were sold in the past 12 months in Owen.

Suburb Insights for Owen 5460

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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.