This 658 Acres at Joel South is a rare opportunity to secure land in a tightly held area. The parcel is ideally suited to cropping, sheep grazing, wool and prime lamb and cattle production. close to Stawell, Ararat and Ballarat and only 2.5 hours from Melbourne. This property has a good balance of cropping and grazing (Livestock), with a number of paddocks having been pasture improved. Paddocks have been sown down to rye, clover and cocksfoot with lucerne also grown perversely. Shade trees and shelter belts on the property, as well as catchment dams and creek frontage also add to the value of the property. Access to the property is by two road frontages Shays Valley Road or Shays Flat Road. Currently leased with the lease concluding on the 15th January 2019.
The size of Joel South is approximately 59.1 square kilometres. The population of Joel South in 2011 was 340 people. By 2016 the population was 12 showing a population decline of 96.5% in the area during that time. The predominant age group in Joel South is 50-59 years. Households in Joel South are primarily childless couples and are likely to be repaying $1000 - $1399 per month on mortgage repayments. In general, people in Joel South work in a managers occupation. In 2006, 37.6% of the homes in Joel South were owner-occupied compared with 91.5% in 2011..
Joel South has 22 properties.
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