This property represents an excellent opportunity to purchase a substantial parcel of farming land or add to existing holdings in the reliable and productive area known as Peechember. The property has currently been run as a very successful mixed grain and livestock (sheep) operation lending itself to a diverse mix of enterprises. It is in close proximity to the major livestock selling centres of Horsham and Naracoorte also major livestock processing facilities and grain receival points. Both lots are generally well fenced to soil type with drainage where required draining to the North West.
The property is located in the Wimmera grain belt being one of Victoria s leading grain growing areas. The property on offer consists of a full range of soil types from self-mulching Wimmera grey clay flats rising into a free draining sandy loam that suits a large range of broad acre production systems. Average rainfall for the Nhill area is 412.9 mm (16.25 inches) per annum received in a winter dominant pattern.
Lot 1 Home Block 982.37 Acres/Hectares 397.56
The size of Kaniva is approximately 1,043.2 square kilometres. It has 3 parks covering nearly 8.3% of total area. The population of Kaniva in 2011 was 1,060 people. By 2016 the population was 815 showing a population decline of 23.1% in the area during that time. The predominant age group in Kaniva is 60-69 years. Households in Kaniva are primarily childless couples and are likely to be repaying $600 - $799 per month on mortgage repayments. In general, people in Kaniva work in a managers occupation. In 2011, 77.5% of the homes in Kaniva were owner-occupied compared with 79.5% in 2016.
Kaniva has 772 properties. Over the last 5 years, Houses in Kaniva have seen a 73.50% increase in median value. As at 31 October 2024:
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