Premium Dairying
In the best of dairying/grazing country on the Island, well known for the quality of its rural exports is this property of 155 hectares (383 acres) or thereabouts. Currently milking around 150 cows, while carrying around 50 replacement heifers. Milk is currently contracted to King Island Dairies. This property is ideally suited to an ongoing dairying operation and is ready to sell as a going concern. The Purchaser has first option of the dairy herd and replacements. The property is in three adjoining titles on a sealed road, around 25kms from the main town of Currie. The residence is a solid 3-bedroom settlement home in good condition.
The size of Lymwood is approximately 126 square kilometres. It has 4 parks covering nearly 10.1% of total area. The population of Lymwood in 2011 was 279 people. By 2016 the population was 88 showing a population decline of 68.5% in the area during that time. The predominant age group in Lymwood is 60-69 years. Households in Lymwood are primarily couples with children and are likely to be repaying $450 - $599 per month on mortgage repayments. In general, people in Lymwood work in a managers occupation. In 2011, 63.5% of the homes in Lymwood were owner-occupied compared with 73.9% in 2016..
Lymwood has 91 properties. Over the last 5 years, Houses in Lymwood have seen a 50.25% increase in median value. As at 30 September 2024:
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