'Elwood'
1199 Acres* / 485 Hectares* (3 titles)
Featuring
- Three stand raised board wool shed with undercover bugle yards, steel cattle yards with crush and loading ramp, two grain silos and sundry shedding.
- Subdivided into 42* main paddocks, excellent fencing, laneway system, shelter plantations, water supply, soil fertility and improved pastures.
- Reliable water supply from two main bores equipped with electric submersibles, reticulated to troughs throughout. Dams provide additional stock water security.
- Picturesque, rolling arable land with an ideal balance of late and early country, suitable for beef, sheep, dairy, cropping, fodder conservation and agroforestry.
- Conveniently located to the regional centres of Hamilton and Warrnambool.
Agents comments: An outstanding opportunity to acquire some of the regions most versatile agricultural land located in the reliable, high rainfall region of Macarthur in South West Victoria.
Note: 'Elwood' is part of the South-West Aggregation which also includes 'Warrong' and 'Cascaes', totalling 5,136 Acres* / 2078 Hectares*. Available as a whole or as three individual properties.
For Sale by Expressions of Interest - Closing Friday 25th October 2024 at 4:00pm.
Inspections are strictly by appointment
*denotes approximately
The size of Macarthur is approximately 298.9 square kilometres. It has 1 park covering nearly 9% of total area. The population of Macarthur in 2011 was 617 people. By 2016 the population was 500 showing a population decline of 19.0% in the area during that time. The predominant age group in Macarthur is 50-59 years. Households in Macarthur are primarily childless couples and are likely to be repaying $1000 - $1399 per month on mortgage repayments. In general, people in Macarthur work in a managers occupation. In 2011, 81% of the homes in Macarthur were owner-occupied compared with 81.4% in 2016.
Macarthur has 408 properties. Over the last 5 years, Houses in Macarthur have seen a 95.62% increase in median value, while Units have seen a 404.78% increase. As at 30 September 2024:
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