Conservatively farmed by the same family since 1969. Mount Groper represents a great opportunity to acquire a substantial landholding in this highly regarded location.
Of the total 1236 hectares approx. 1100 hectares is grazable, of which 900 hectares is cropable.
The property has predominately been used for stock production and with the exception of grazing crops the property has not been used for cropping since 1986.
The property has a wide central laneway that gives access to all of the 32 paddocks on the property. Water supplies are a combination of dams and a high volume bore that supplies header tanks and numerous paddocks' troughs that are throughout the southern portion of the property. Long term rainfall for this area is in the vicinity of 550mm.
The soil types are estimated at 90% medium loams. Pastures are a combination of kikuyu, rye grass and sub clover. The fencing is mostly electric and plain wire with some vermin proof fencing on the southern and eastern boundaries.
Improvements include a 4 Bedroom brick and tile home (circa 1969), a large 6 stand shearing shed (presently being used as a 5 stand), three good-sized general-purpose sheds and a small super shed.
The property is located 19km from the Wellstead townsite and 120km from the Port of Albany.
The property is being sold by Public Auction on Tuesday 10th March 2020 at 1pm at the Wellstead Community Hall.
For further information or to arrange an inspection please contact Simon Thomas at Elders Real Estate Albany on 0407 380 365.
The size of Wellstead is approximately 432.1 square kilometres. It has 2 parks. The population of Wellstead in 2011 was 154 people. By 2016 the population was 74 showing a population decline of 51.9% in the area during that time. The predominant age group in Wellstead is 50-59 years. Households in Wellstead are primarily childless couples and are likely to be repaying under $300 per month on mortgage repayments. In general, people in Wellstead work in a managers occupation. In 2011, 68.4% of the homes in Wellstead were owner-occupied compared with 65.4% in 2016..
Wellstead has 92 properties. Over the last 5 years, Houses in Wellstead have seen a 234.67% increase in median value. As at 31 October 2024:
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