'Salmon Haven Underwood and Mallee Vallee' are located ~20 km from Lake King with easy road access for modern day equipment with direct frontage on Biddy Camm, Ace and Finlay Roads.
Located in a ~325mm per annum rainfall zone, these gently undulating properties have a mix of soil types ranging from heavier clays to sandy gravelly loams. The 21 paddocks have predominantly been fenced to soil types to improve farm efficiency. Original vegetation consists of Salmon Gums, Mallee, Grevillea and Tea-Tree.
Currently run as a mixed farming operation, the property is suited to cereal, canola and pulse production. Good fencing and sheep infrastructure compliment a mixed farming operation.
The size of Lake King is approximately 1,373.3 square kilometres. It has 8 parks covering nearly 38.9% of total area. The population of Lake King in 2011 was 334 people. By 2016 the population was 85 showing a population decline of 74.6% in the area during that time. The predominant age group in Lake King is 50-59 years. Households in Lake King are primarily couples with children and are likely to be repaying under $300 per month on mortgage repayments. In general, people in Lake King work in a managers occupation. In 2011, 59.6% of the homes in Lake King were owner-occupied compared with 48.5% in 2016..
Lake King has 172 properties. Over the last 5 years, Houses in Lake King have seen a 98.09% increase in median value. As at 30 September 2024:
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