Under instructions from the Mortgagee in Possession.
430.5 ha approx including 97 ha approx of established olive trees and 19 ha approx of trees planted in 2012, yet to come into production. Improvements include large fully enclosed machinery shed/office complex, automated irrigation system, old unused homestead, hay shed and open front implement shed. Approx 300 ha of cropping and grazing land being slightly undulating and ranging from heavy brown loan flats with limestone outcrops though to lighter sandy loam rises. Pastures mainly native grasses with veldt grass on the lighter soils.
The size of Peake is approximately 270.7 square kilometres. It has 1 park. The population of Peake in 2011 was 215 people. By 2016 the population was 117 showing a population decline of 45.6% in the area during that time. The predominant age group in Peake is 0-9 years. Households in Peake are primarily childless couples and are likely to be repaying $300 - $449 per month on mortgage repayments. In general, people in Peake work in a managers occupation. In 2011, 74.4% of the homes in Peake were owner-occupied compared with 64.7% in 2016..
Peake has 147 properties. Over the last 5 years, Houses in Peake have seen a 65.08% increase in median value. As at 31 October 2024:
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