Bankside is a most desirable parcel of land comprising 4 titles and to be offered in 2 separate lots of mostly Murray Pine country and more recently having been utilized as a cropping enterprise.
The soil type is generally fine sandy loam with open and arable areas currently enhanced via a professionally supported cropping program and with crops successfully continuing to be high performing with exceptional yields, including over the past 3 years.
Situated in the well held district known as Kaarimba, Bankside has been farmed by just two families since original settlement in 1874 and hence offers unbound potential for farming advancement.
The size of Kaarimba is approximately 95.5 square kilometres. It has 2 parks covering nearly 4.4% of total area. The population of Kaarimba in 2011 was 97 people. By 2016 the population was 62 showing a population decline of 36.1% in the area during that time. The predominant age group in Kaarimba is 20-29 years. Households in Kaarimba are primarily childless couples and are likely to be repaying under $300 per month on mortgage repayments. In general, people in Kaarimba work in a managers occupation. In 2011, 71.4% of the homes in Kaarimba were owner-occupied compared with 76.4% in 2016..
Kaarimba has 79 properties. Over the last 5 years, Houses in Kaarimba have seen a 39.98% increase in median value. As at 31 October 2024:
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