OFF MARKET

7981 Mallee Highway
Parrakie SA 5301

Bedrooms: 3
Bathrooms: 1
Car spaces: -
Land area: 3031000m2
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Property Details for 7981 Mallee Hwy, Parrakie

Building Type
Rural
Land Size
3031000m2
Local Government
Southern Mallee
Lot/Plan
A110/F215823

Last Listing description (March 2021)

• Frontage to the Mallee Hwy 8km East of Parrakie and approximately 20km West of Lameroo. Adelaide is approximately 182km. to the West.
• Well positioned to sale yards at Murray Bridge, Naracoorte and Ouyen Victoria.
• Fairview offers attractive flat to undulating well drained country ideal for cropping

• Excellent rotation and agronomy management of recent years with rotations of wheat, barley, oats, with some vetch and clover pasture
• Soil types range from healthy brown and reddish sandy loams over clay with some scattered small ironstone
• 9 main paddocks well fenced, with water points in 8 paddocks
• 3 Bedroom stone home requiring renovating
• Handy shedding including a 2 stand shearing shed (requires some work) with yards
• Bore equipped with submersible pump.

"Fairview" is a most appealing parcel of healthy Southern Mallee country, that provides options to continuous crop, grow hay and or graze, enjoying a good rotation and management history, with useful improvements. Section 15 owned by the family that originally pioneered and cleared the land 115 years ago.

A fantastic opportunity to add a well managed and productive parcel of land to an existing farming enterprise or wonderful opportunity to enter the market and purchase farming land in this ever increasingly popular and in demand agricultural area.

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Property History for 7981 Mallee Hwy, Parrakie, SA 5301

A timeline of how this property has performed in the market
Last Sold
$1,850,000
26 Mar 2021
  • 26 Mar 2021
    Sold for $1,850,000
  • 03 Nov 2020
    Listed for Sale Best Offers ($1.9m)
  • 19 Sep 2018
    Transferred
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About Parrakie 5301

The size of Parrakie is approximately 486.2 square kilometres. It has 1 park covering nearly 0.5% of total area. The population of Parrakie in 2011 was 270 people. By 2016 the population was 102 showing a population decline of 62.2% in the area during that time. The predominant age group in Parrakie is 60-69 years. Households in Parrakie are primarily childless couples and are likely to be repaying $450 - $599 per month on mortgage repayments. In general, people in Parrakie work in a managers occupation. In 2011, 78.4% of the homes in Parrakie were owner-occupied compared with 84.9% in 2016..

Parrakie has 112 properties. Over the last 5 years, Houses in Parrakie have seen a 81.16% increase in median value. As at 30 November 2024:

  • The median value for Houses in Parrakie is $261,907.
There are currently no properties listed for sale, and no properties listed for rent in Parrakie on OnTheHouse. According to CoreLogic's data, 8 properties were sold in the past 12 months in Parrakie.

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