67 Rumbolds Lane, Baringhup West is a 4 bedroom, 2 bathroom House with 3 parking spaces and was built in 1985. The property has a land size of 755186m2 and floor size of 213m2. While the property is not currently for sale or for rent, it was last sold in June 2009.
Currently being leased out to a district cropping farmer, this highly regarded red basalt and alluvial country offers mixed farming options from cropping , grazing to lucerne production. Well fenced with some tree corridors, the deep soils enjoy 450mm average annual rainfall and gently fall into the Loddon River on the northern boundary. There are 5 well fenced paddocks leading on to an all connecting side laneway, a sturdy set of steel cattle yards, machinery and hay sheds and superb building sites overlooking the Loddon River. Power is available on property and the block has dual access from the sealed Baringhup West Rd and the all weather Rumbolds Rd from the northern boundary. The property is just 18km to Maldon, 37km to Castlemaine and 160km to Melbourne. Centrally placed with plenty of add on property options , the vendors are making settlement for this property available following this years harvest.For those looking to continue the land lease and income stream, the current lessee can be re engaged.
3 ADJOINING PROPERTIES AVAILABLE.
1. 22ha / 56ac 'The Olives'. Approx. 3000, 16 yo mature trees mainly frantoio and corregiola for oil production, Well grown and managed grove with professional set up. Loddon River irrigation allocation through electric pump. Includes an attractive gully and bush block with access from Rumbolds road. Recent yields up to 45 tonnes. This is a commercial opportunity.
The size of Baringhup West is approximately 42.9 square kilometres. It has 2 parks covering nearly 2.5% of total area. The population of Baringhup West in 2011 was 344 people. By 2016 the population was 13 showing a population decline of 96.2% in the area during that time. The predominant age group in Baringhup West is 60-69 years. Households in Baringhup West are primarily childless couples and are likely to be repaying not stated per month on mortgage repayments. In general, people in Baringhup West work in a managers occupation. In 2006, 50.6% of the homes in Baringhup West were owner-occupied compared with 81.2% in 2011..
Baringhup West has 32 properties. Over the last 5 years, Houses in Baringhup West have seen a 86.19% increase in median value. As at 31 October 2024:
N/A
N/A
N/A
N/A
N/A
N/A
N/A
N/A
© Copyright 2024 RP Data Pty Ltd trading as CoreLogic Asia Pacific (CoreLogic). All rights reserved.