Very productive rural property situated in a reliable annual rainfall location at RA 58 Spion Kop Road, Forest on the Far North West Coast of Tasmania. The property is so well known for its Beef Industry in Tasmania and the high yields or crops grown in the rich red basalt soils of Forest. It is only a 15 mins drive to popular beaches and fishing locations in historic Stanley.
The property has 748 acres or 302.50 HA almost all of the property is flat to a very slight undulation. The property will have crops in the ground and this can be neg with the vendor for a completion date for the sale of the property. The large storage and drying shed has 7 huge fans for potato storage & drying conditions and will hold approx 1,000 ton of bulk potatoes. The shed size is 100 by 60 ft with 3 phase power and also has very good access and turning area for trucks & semi's.
The water storage dam has a capacity of 224 meg and 1 water bore for irrigation of crops, 3 domestic bores and water well. The stock water is also from the bores. The whole property has good shedding and drenching facilities in a disused dairy. The property has grown many varieties of crops including; onions, potatoes,poppies. There is a main line irrigation from the main dam, and a water pipe easement. The property averages approx 700 head of accredited beef stock depending on crops in the ground at the time. Last year turned off 1300-1400 2 year old beef cattle. Turning off 1300 head of stock per year and less cropping on the property.
The size of South Forest is approximately 26 square kilometres. It has 1 park. The population of South Forest in 2011 was 300 people. By 2016 the population was 91 showing a population decline of 69.7% in the area during that time. The predominant age group in South Forest is 40-49 years. Households in South Forest are primarily couples with children and are likely to be repaying $450 - $599 per month on mortgage repayments. In general, people in South Forest work in a managers occupation. In 2011, 84% of the homes in South Forest were owner-occupied compared with 75.7% in 2016..
South Forest has 69 properties. Over the last 5 years, Houses in South Forest have seen a 118.62% increase in median value. As at 30 September 2024:
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