For Sale $6,800/acre
Situated just 25 minutes from Ballarat and 2 hour's drive from Melbourne this classic cropping/mixed farming opportunity has been under the one ownership for the last 40 years.
Located in the renowned and tightly held Ercildoune/Burrumbeet farming district, the property is well suited to cereals, oilseeds and fodder cropping making it an ideal and flexible property to run a cropping and grazing enterprise.
10% Deposit
Settlement: 90 days
For inspection, documentation or more information:
Adrian Smith
Nutrien Harcourts Ballarat
0400178945
E: adrian.smith@nutrien.com.au
www.nutrienharcourts.com.au
The size of Ercildoune is approximately 87.7 square kilometres. The population of Ercildoune in 2011 was 395 people. By 2016 the population was 51 showing a population decline of 87.1% in the area during that time. The predominant age group in Ercildoune is 60-69 years. Households in Ercildoune are primarily couples with children and are likely to be repaying $1000 - $1399 per month on mortgage repayments. In general, people in Ercildoune work in a managers occupation. In 2011, 80.9% of the homes in Ercildoune were owner-occupied compared with 92% in 2016..
Ercildoune has 65 properties. Over the last 5 years, Houses in Ercildoune have seen a 75.70% increase in median value. As at 31 August 2024:
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