BALLARAT DISTRICT LAND MARK PROPERTIES
LOCATED 1 HOUR FROM MELBOURNE VIA THE WESTERN HIGHWAY AND 15 MINUTES TO BALLAN OR BALLARAT RAILWAY STATIONS. THE PROPERTIES ARE OFFERED FOR SALE AS A WHOLE OR IN FOUR SEPARATE LOTS FOR THE FIRST TIME IN 90 YEARS, BEING IN THE SAME FAMILY OWNERSHIP SINCE 1920. THIS IS THE LARGEST ADJOINING LAND HOLDING IN THE SPRINGBANK AREA AND PRESENTS ASTUTE PURCHASER'S THE OPPORTUNITY TO PURCHASE A PROPERTY WITH REAL PRODUCTION AND UNLIMITED SCOPE. SOIL TYPES ARE RICH CHOCOLATE VOLCANIC LOAM SUITABLE FOR POTATOES, CEREAL CROPS AND FODDER PRODUCTION WITH CATTLE AND FAT LAMBS OFTEN TOPPING THE BALLARAT MARKET. THE WATER IS EXCEPTIONAL IN QUALITY AND THE BORES HAVE HIGH FLOW RATES. THE SURFACE WATER DAMS ARE FED BY DEVILS CREEK AND ARE USED FOR IRRIGATION. THIS IS A RARE OFFERING AND IS FOR GENUINE SALE AS THE SIMPSON BROTHER'S ARE RETIRING FROM FARMING. LOT 1. 'JIMMY'S' - COMPRISING APPROXIMATELY 145 ACRES OR 58.67 HA. 1968 3 BEDROOM BRICK VENEER HOME, 3 TITLES, EQUIPPED BORE (ESTIMATED 12,000 GALS HR). RICH RED CHOCOLATE SOIL, 30 ACRES LUCERNE, 18 MEG SURFACE DAM LICENCE PLUS 32 MEGS BORE ALLOCATION. LOT 2. 'LAURIE'S' - COMPRISING APPROXIMATELY 136 ACRES (55 HA), 2 TITLES, 1986 4 BEDROOM BRICK VENEER HOME WITH 3 LIVING AREAS, APPROX. 50 ACRES SOWN TO LUCERNE 2 YEARS AGO, SUBSTANTIAL POTATO SHEDDING - 102 FEET X 60 FEET PLUS BARN AND OTHER SUNDRY SHEDDING ALL POWERED AND CONCRETE FLOORS. 2 BORES (ESTIMATED 25,000 GALS HR AND 14,000 GALS HR) PLUS 45 MEG SURFACE LICENCE AND 32 MEG BORE LICENCE. LOT 3. 'GERARD'S' - COMPRISING APPROXIMATELY 127 ACRES OR 51 HA. 1963 3 BEDROOM BRICK VENEER HOME, 4 TITLES & CATTLE YARDS. RICH CHOCOLATE SOIL, A BORE (ESTIMATED 13,000 GALS HR) 8 MEG SURFACE LICENCE AND 32 MEG BORE LICENCE. LOT 4. 'CLOHSEY'S'- COMPRISING OF APPROXIMATELY 80 ACRES OR 32.3 HA. AN OLD WEATHERBOARD HOME (NOT LIVEABLE), AN OLD SHEARING SHED, BORE RED/CHOCOLATE SOIL L & EXCELLENT GRAZING & CROPPING. NOTE: LOTS 3 & 4 ADJOIN. WITH SEALED ROAD SEPARATING LOT 1, 2 & 3. WORKING POSSESSION GIVEN TO APPROVED PURCHASERS ON UNCONDITIONAL CONTRACTS. TERMS: 10% DEPOSIT ON SIGNING CONTRACTS. BALANCE 60/90 DAYS TENDERS CLOSE MONDAY 12TH NOVEMBER AT 5PM AT THE OFFICE OF PRD NATIONWIDE, BALLARAT FOR INSPECTION & TENDER DOCUMENTS CONTACT SELLING AGENT
The size of Springbank is approximately 24.5 square kilometres. It has 1 park covering nearly 0.3% of total area. The population of Springbank in 2011 was 386 people. By 2016 the population was 103 showing a population decline of 73.3% in the area during that time. The predominant age group in Springbank is 50-59 years. Households in Springbank are primarily childless couples and are likely to be repaying $1400 - $1799 per month on mortgage repayments. In general, people in Springbank work in a managers occupation. In 2011, 82.1% of the homes in Springbank were owner-occupied compared with 74.2% in 2016..
Springbank has 69 properties. As at 30 September 2024:
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