'Strathayre' comprises approximately 277.5 hectares (685 acres) of slightly undulating ground in a highly productive dairying area with 15-18 Olsen P, and is located about 56kms from Warrnambool and 50kms from Hamilton.
The farm is well-watered being situated in an area with an average annual rainfall of 750ml. It also features a bore with submersible pump, 2 windmills with tanks that are supported by the main bore and the added luxury of a winter creek running through the property.
Currently run as a prime lamb enterprise the property has a good fertilizer history and features highly productive improved pastures with extensive pasture renovation. The property features established internal and boundary shelter belts and is fenced into 27 well-drained paddocks, all with water and good laneway structure.
The size of Broadwater is approximately 78 square kilometres. The population of Broadwater in 2011 was 201 people. By 2016 the population was 74 showing a population decline of 63.2% in the area during that time. The predominant age group in Broadwater is 10-19 years. Households in Broadwater are primarily couples with children and are likely to be repaying $1400 - $1799 per month on mortgage repayments. In general, people in Broadwater work in a managers occupation. In 2011, 73.9% of the homes in Broadwater were owner-occupied compared with 60.8% in 2016..
Broadwater has 57 properties. Over the last 5 years, Houses in Broadwater have seen a -24.76% decrease in median value. As at 31 October 2024:
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