OFF MARKET

1 Government Road
Venus Bay SA 5607

Bedrooms: -
Bathrooms: -
Car spaces: -
Land area: 869m2
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Property Details for 1 Government Rd, Venus Bay

Building Type
Land
Land Size
869m2
Local Government
Elliston
Lot/Plan
A223/D40312

Last Listing description (October 2015)

Property Overview - Mixed Farming - Cereals, Legumes, Merinos.
1287 hectares in total (3179ac) - cleared and arable approx 1214 hectares (2975 acres)
Annual rainfall - 350 - 375 mm - 50 years of rainfall records are available

Location - approx 13 kms south east of Lock, on the south side of the Lock to Rudall bitumen road.
Buyer's Range $950,000 to $1,250,000
The property has been cropped to cereals and lupins, while running a self replacing merino flock and for a more diverse income, cross bred lambs are also produced. Easily worked soils that have been direct drilled, some limestone outcrops, shelter belts and good medic stands. Some pasture grass freed and/or spray topped
This farm has great improvements and bitumen road frontage.
The house is a 3 bedroom brick home with a renovated kitchen, spa, detached office and laundry, children's flat and established garden.
The second home is timber framed and currently used to store siblings surplus furniture.
A two stand shearing shed, bulk super shed,5 implement and car sheds, an established orchard and chook runs are just some of the established improvements.
Fencing is being constantly maintained and up graded or replaced.Water supply and maintainance is made easier as the S.A. Water main runs along the northen boundary.
Country in the close proximity to Lock is regarded as being very reliable and this versatile property would suit many farming families wishing to diversify to a different area or to expand an existing operation
For further details or to inspect phone Mark Walsh.
Property Code: 163

Property History for 1 Government Rd, Venus Bay, SA 5607

A timeline of how this property has performed in the market
Last Sold
$83,000
11 Aug 1994
  • 26 Dec 2012
    Listed for Sale $170,000
  • 11 Aug 1994
    Sold for $83,000

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About Venus Bay 5607

The size of Venus Bay is approximately 130.3 square kilometres. It has 2 parks covering nearly 0.1% of total area. The population of Venus Bay in 2011 was 321 people. By 2016 the population was 51 showing a population decline of 84.1% in the area during that time. The predominant age group in Venus Bay is 50-59 years. Households in Venus Bay are primarily childless couples and are likely to be repaying $600 - $799 per month on mortgage repayments. In general, people in Venus Bay work in a managers occupation. In 2006, 18.2% of the homes in Venus Bay were owner-occupied compared with 81.7% in 2011.

Venus Bay has 190 properties. Over the last 5 years, Houses in Venus Bay have seen a 247.70% increase in median value. As at 30 November 2024:

  • The median value for Houses in Venus Bay is $404,169 while the median value for Units is $303,878.
There are currently 1 property listed for sale, and no properties listed for rent in Venus bay on OnTheHouse. According to CoreLogic's data, 8 properties were sold in the past 12 months in Venus bay.

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Disclaimer
Whilst all reasonable effort is made to ensure the information in this publication is current, CoreLogic does not warrant the accuracy or completeness of the data and information contained in this publication and to the full extent not prohibited by law excludes all for any loss or damage arising in connection with the data and information contained in this publication.