THE GULLY
153.67HA (approx 380 acres) with 4 free hold titles offering flexibility and an investment component opportunity. The property has been tightly held within one family for generations and is located only a short 10 minute drive from Yankalilla and the seaside village of Normanville. This picturesque land has an assured rainfall between 650mm ??? 700mm within the Southern Fleurieu region and is ideal for mixed farming and grazing. The property is blessed with 2 spring fed creeks approx 10 dams some of which are also spring fed creating a very reliable stock and domestic water supply. The land has an interesting and attractive variation of soils and landscape ranging from heavy alluvial creek flats, sandy loam rises and areas of biscay type soils. The undulating land is primarily cleared however enjoys the occasional shade and shelter gum plus a small area of towering blue gums which once dominated the landscape. Improvements include two stand shearing shed with one workshop/storage bay. This structure measures approx 18m x 9m and has power and lighting. Functional set of cattle and sheep yards plus a 5,000 gallon galvanised tank for domestic use. Available in separate lots if requested.
The size of Torrens Vale is approximately 22.3 square kilometres. It has 1 park covering nearly 1.6% of total area. The population of Torrens Vale in 2011 was 732 people. By 2016 the population was 56 showing a population decline of 92.3% in the area during that time. The predominant age group in Torrens Vale is 60-69 years. Households in Torrens Vale are primarily couples with children and are likely to be repaying $1400 - $1799 per month on mortgage repayments. In general, people in Torrens Vale work in a managers occupation. In 2011, 75% of the homes in Torrens Vale were owner-occupied compared with 92% in 2016..
Torrens Vale has 70 properties. Over the last 5 years, Houses in Torrens Vale have seen a 84.39% increase in median value. As at 30 November 2024:
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