OFF MARKET

340 Boals Road
Barmah VIC 3639

Bedrooms: 3
Bathrooms: 1
Car spaces: 2
Land area: 792809m2
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Property Details for 340 Boals Rd, Barmah

Building Type
Rural
Land Size
792809m2
Local Government
Moira
Lot/Plan
5~A/PP3138

Last Listing description (February 2023)

224 HA - 558 acres (approximately) - 8 Titles
Aesthetically beautiful and highly productive creek frontage property
Most efficient irrigation layout, 60 HA/150 acres centre pivot - 100 HA / 250 acres predominantly pipe and riser flood/padman stop irrigation layout, 48 HA/120 acres dry land

The current crop (Scepter wheat) will be given in with this sale (sold standing) with the purchaser granted a license to occupy to process.
Excellent fencing throughout (concrete posts) 'as new' boundary and laneway fences subdivided into 8 paddocks
2 large scale machinery shed/hay sheds and hard stand area, all steel 16m x 56m & 16m x 32m plus original hay shed
4 stand shearing shed in very good condition with 'as new' all steel sheep yard (2500 head capacity) with bugle draft and loading ramp
Well-kept original clinker brick home (built 1956) comprising 3 bedrooms, kitchen/dining, separate lounge
Fenced house yard, double carport/single garage

One of the most impressive irrigation properties I have ever seen, owned by John and Margaret Thorp, will impress the most fastidious irrigation farmer desiring a high performing property with a point of difference.
The unique aspect of the property is the extensive meandering boundary of the Broken Creek which provides frontage to 75% of the 5 titles, with Kennedy Road (north boundary) and Boals Road the entry point to this private location.
The property comprises a total area of 225 HA (558 acres) and is sown down to a high performing wheat crop (Scepter) which was sown in the first week of May and has been nurtured, sprayed, with Urea applied, as per professional agronomy practice. Please note this crop will be given in with the property sale on a standing basis for the purchaser to take advantage of the high expected cash flow this season.
The irrigation layout is exceptional with 3 separate service points off the creek, 4ML of HRW share, also given in with the sale as well as a further 151.6ML of LRW share (Goulburn 1A Zone) to assist irrigation management. The luxury of this property irrigation system on the Broken Creek, allows water shares to be sourced from both the Goulburn and the Murray system. There is a 60 HA centre pivot (20 years old) supplying the west end of the farm, well fenced into two separate areas with grazing access along the creek. Two further service points supply the balance of the farm which is laid out to flood irrigation with mostly pipe & rise supply.
The farm infrastructure is exceptional with large machinery/hay sheds, one 16m x 56m and one 16m x 32m, with ideal machinery access and further storage areas. The original hay shed and original workshop with power and concrete floor, the 4-stand shearing shed with excellent stockyards, capacity for 2000 head with excellent drafting and loading ramp.
The fencing throughout the property is first class, all concrete posts to suit sheep or cattle grazing.
The home built in 1956 comprises a 3-bedroom clinker brick dwelling with separate lounge and kitchen, dining, bathroom with renovations some time ago. The home is humble and comfortable. The home setting is exceptional with uninterrupted views of this magnificent waterfront address. Further development to the dwelling to take advantage of this aspect would be expected by the purchaser to compliment the high-quality farm.
Some properties have very few comparables to qualify the current market worth or value this is the perfect example where the auction system will formalize the true value of this unique farm.
On instructions from the vendors, this property will not be sold prior to auction.
As our advertised heading states, there is nothing else like it.

Property History for 340 Boals Rd, Barmah, VIC 3639

A timeline of how this property has performed in the market
Last Sold
$2,402,215
13 Oct 2022
  • 13 Oct 2022
    Sold for $2,402,215
  • 06 Sep 2022
    Listed for Sale AUCTION Thursday 13th October @ 11am Onsite

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About Barmah 3639

The size of Barmah is approximately 145.6 square kilometres. It has 7 parks covering nearly 118.8% of total area. The population of Barmah in 2011 was 181 people. By 2016 the population was 281 showing a population growth of 55.2% in the area during that time. The predominant age group in Barmah is 60-69 years. Households in Barmah are primarily childless couples and are likely to be repaying $1400 - $1799 per month on mortgage repayments. In general, people in Barmah work in a trades occupation. In 2011, 77.6% of the homes in Barmah were owner-occupied compared with 72.4% in 2016.

Barmah has 253 properties. Over the last 5 years, Houses in Barmah have seen a 11.84% increase in median value, while Units have seen a 167.85% increase. As at 31 December 2024:

  • The median value for Houses in Barmah is $248,285 while the median value for Units is $271,718.
There are currently 3 properties listed for sale, and no properties listed for rent in Barmah on OnTheHouse. According to CoreLogic's data, 4 properties were sold in the past 12 months in Barmah.

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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.