CAPE CLEAR AREA - ONLY 25 MIN TO BALLARAT
CENTRAL LOCATION - TWO ROAD FRONTAGES
138 ACRES - 55.85 HECTARES
- Well-drained, versatile and predominantly arable soils, suitable to prime lambs, cattle, and cropping - currently under crop (Red Wheat).
- Featuring a 3-bedroom weatherboard home with an open plan kitchen/dining area and separate lounge room ideal for a farm manager or return on your investment. In addition to the main dwelling, there is a second home (in need of major repair).
- Great improvements include raised board shearing shed with sheep yards, machinery bay, two additional large sheds (three in total) each with a large water tank and good fertilizer history which complements the farming aspect of this property.
- Securely watered by 4 dams, with good shelter plantations,
- 3 Titles. To be sold as a whole. Wonderful opportunity.
NOTE: Vendor's finance available STC
The size of Pitfield is approximately 25.6 square kilometres. The population of Pitfield in 2011 was 206 people. By 2016 the population was 27 showing a population decline of 86.9% in the area during that time. The predominant age group in Pitfield is 60-69 years. Households in Pitfield are primarily childless couples and are likely to be repaying $1400 - $1799 per month on mortgage repayments. In general, people in Pitfield work in a managers occupation. In 2011, 62.6% of the homes in Pitfield were owner-occupied compared with 100% in 2016..
Pitfield has 17 properties. Over the last 5 years, Houses in Pitfield have seen a 73.21% increase in median value. As at 31 August 2024:
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