OFF MARKET

1218 Rickaby Road
Port Rickaby SA 5575

Bedrooms: -
Bathrooms: -
Car spaces: -
Land area: 1543000m2
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Property Details for 1218 Rickaby Rd, Port Rickaby

Building Type
Rural
Land Size
1543000m2
Local Government
Yorke Peninsula
Lot/Plan
A92/F215680

Last Listing description (March 2019)

The Vendor is pleased to offer this mixed farming land for genuine sale. With an annual average rainfall of 364mm p.a. (approx.), this block would be an ideal and valuable addition to any existing farming operation.
The block has been conservatively share farmed for an extended period of time on a year in - year out rotation.
The property being offered is 154.3ha (381ac) of which approximately 147.2ha (364ac) is sandy loam cropping soils, currently divided into 8 paddocks spread on either side of Rickaby Road on the entrance to the township of Port Rickaby.

Together with this excellent farming expansion opportunity you will have the option (STCC) to sub divide off a residential block currently with large shed which you could then sell to help recoup some of your investment quite quickly with blocks rarely available in Port Rickaby.
Also the original 3 bedroom stone farmhouse and numerous sheds on approx. 1.6ha could potentially (STCC) be subdivided from the farmland and become a permanent or holiday house within 500m of the Port Rickaby Jetty and beach.
The farmland immediately joins the township of Port Rickaby and constitutes the only available land for any potential expansion of the town.
It has also been recently announced that Port Rickaby's town plan will be revisited by the local council and Progress Association as well as other relevant authorities heading into what looms as an exciting future for the town.
AUCTION 2pm, Friday 22nd February 2019 at the Minlaton Bowling Club
BIDDERS MUST REGISTER
Information Memorandums available upon request.
Inspection strictly by appointment with the exclusive selling agents only.

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Property History for 1218 Rickaby Rd, Port Rickaby, SA 5575

A timeline of how this property has performed in the market
Last Transferred
12 Apr 2021
  • 12 Apr 2021
    Transferred
  • 29 Mar 2019
    Sold for $860,000
  • 08 Jan 2019
    Listed for Sale Auction

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About Port Rickaby 5575

The size of Port Rickaby is approximately 24.1 square kilometres. It has 5 parks covering nearly 2.5% of total area. The population of Port Rickaby in 2011 was 1,261 people. By 2016 the population was 40 showing a population decline of 96.8% in the area during that time. The predominant age group in Port Rickaby is 60-69 years. Households in Port Rickaby are primarily childless couples and are likely to be repaying $1000 - $1399 per month on mortgage repayments. In general, people in Port Rickaby work in a professional occupation. In 2011, 75.2% of the homes in Port Rickaby were owner-occupied compared with 72% in 2016..

Port Rickaby has 98 properties. Over the last 5 years, Houses in Port Rickaby have seen a 110.29% increase in median value. As at 31 October 2024:

  • The median value for Houses in Port Rickaby is $415,715.
There are currently no properties listed for sale, and no properties listed for rent in Port rickaby on OnTheHouse. According to CoreLogic's data, 5 properties were sold in the past 12 months in Port rickaby.

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