62.7 HECTARES - 402 ACRES Or thereabouts.
Subject land division area confirmation.
Stewarts Range via Naracoorte -
Price - $ 2.32Million
Fairholme is ideally situated just 13kms west of the major regional centre of Naracoorte in the Stewarts Range district. The immediate district is noted for it's livestock breeding and finishing ability.
Fairholme comprises approximately 162.7 hectares or 402 acres of ideally balanced prime grazing land being suited to both sheep and cattle along with an older house and cottage which are not currently lived in.
The property is situated in a reliable rainfall area, which receives an approximate annual average of 575mm to 625mm of predominantly Autumn / Winter / Spring rainfall.
Land comprises an ideal balance of flat to gently undulating loam over clay and limestone along with some limestone outcrop country.
This topography/soil type is ideally suited to improved pastures comprising mainly sub clover and annual grasses. These soils provide prolific autumn, early winter, spring and early summer growth.
MAIN HOUSE
An older style main home constructed from local stone and rendered is situated adjacent the main Lucindale Road (Konetta Road). The building is situated in an established garden and surrounds.
A bore is located in the front yard which is equipped with an electric pressure unit. This supplies bore water to the garden and one local livestock trough.
Rainwater is plumbed to the house from a 5,000 gallon Williams concrete tank while a second poly tank is located on site ready for installation.
The home is not lived in.
COTTAGE
A Mount Gambier stone cottage is situated at the same site.
This cottage is not lived in.
SHEDDING
An older style machinery shed is located at the home site. Balance being ancillary shedding no longer in use.
FENCING
The property is fenced into 4 main paddocks using predominantly cyclone, barbed wire and some plain wire.
STOCK WATER
A bore is located at Mount Gambier stone cottage which is equipped with an electric pressure unit. This supplies an overhead tank which is centrally located supplying concrete troughing.
The process of filling this tank is initiated manually.
Fairholme is made up of a superior balance of strong range country and productive loam flats. The range country includes red and medium loams over limestone while the flats are predominantly medium loams over clay. These soil types are regarded as being versatile and productive, being particularly well suited to cattle and sheep production. The slightly undulating topography has excellent moisture and fertility retaining properties and provides a high stocking rates throughout the season. These soil types have proved to be highly productive for livestock breeding, finishing and sustain a strong carry capacity. This style of land is also regarded as being healthy from the livestock perspective. Pastures are subclover based with annual grasses being typical of the district.
Trees include Red Gum, Blue Gum and Hill Gum which are in ideal proportion offering excellent shade and shelter.
LIVESTOCK PRODUCTION
Fairholme has traditionally been utilised for beef and sheep production while the immediate district is highly regarded for breeding and finishing.
Your inspection is recommended.
Contact Agent for further details.
The size of Stewart Range is approximately 240.6 square kilometres. The population of Stewart Range in 2011 was 261 people. By 2016 the population was 54 showing a population decline of 79.3% in the area during that time. The predominant age group in Stewart Range is 30-39 years. Households in Stewart Range are primarily childless couples and are likely to be repaying under $300 per month on mortgage repayments. In general, people in Stewart Range work in a managers occupation. In 2011, 76.4% of the homes in Stewart Range were owner-occupied compared with 68% in 2016..
Stewart Range has 70 properties. Over the last 5 years, Houses in Stewart Range have seen a 127.66% increase in median value. As at 31 October 2024:
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