Great opportunity to purchase an entry level farm, approx. 134 acres.
This property has quality grazing or high rainfall cropping land, half of which is lower strawberry clover type flats, west of School Road to the drain. Half the property is high well drained land east of School Road through to Wallacedale-Hamilton Road.
The property has an old house with power connected, cattle yards with crush and ramp, lots of shedding and the majority of fencing is new.
The size of Wallacedale is approximately 48.8 square kilometres. The population of Wallacedale in 2011 was 418 people. By 2016 the population was 135 showing a population decline of 67.7% in the area during that time. The predominant age group in Wallacedale is 10-19 years. Households in Wallacedale are primarily couples with children and are likely to be repaying $450 - $599 per month on mortgage repayments. In general, people in Wallacedale work in a managers occupation. In 2011, 82.2% of the homes in Wallacedale were owner-occupied compared with 60.5% in 2016..
Wallacedale has 79 properties. Over the last 5 years, Houses in Wallacedale have seen a 23.10% increase in median value, while Units have seen a 2.45% increase. As at 30 November 2024:
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