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Smiths Road

Balmoral, VIC 3407, Australia
$1.20m

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Area Price Guide
$1.13m$1.27m

Indicative price guide range

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1
Comparable
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$525,000
Area median
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+129%
vs median
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2 months ago
Listed

Approximate location shown. Contact agent for exact address.

Property Insights

Schools · zoning · transport · traffic · flood · bushfire · crime · development · heritage

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About this property

Located in south western Victoria "Smiths" provides the astute buyer the chance to purchase a significant parcel of land suitable for increased pasture production to support a grazing enterprise or developed to pursue any number of lifestyle pursuits. Located on the boundary between the Western District and the southern Wimmera the land has good access to both Hamilton and Horsham for both merchandise supplies and livestock sales. While no working improvements remain on the property it presents the ultimate blank canvas to develop as required without having to work around existing infrastructure. Power is available on the southern portion adjacent to approximately 21ha of forestry species plantings for both carbon credits and timber production. The scattered red gums provide a park like environment that is both pleasant on the eye and productive in potential. Soils are typical of the district being grey sandy loams over orange clay. The land is gently undulating and highly trafficable allowing for full development of the properties. Water security is provided by existing runoff gully dams as well as access to the Rocklands channel with further scope to develop other catchment dams given the topography of the land. In addition, approx. 244ha of grazing license (subject to transfer approval) provides access to the majesty of the Glenelg River. Strong commodity prices and low existing grazing/ cropping land supply make inspection of this property a must for those commencing or expanding their agricultural base Size: 635 Acres/256 HA (approx) + grazing licences

Property Features

    View full listing on Domain

    See all photos, agent details & contact options on the original source.

    Repayment calculator

    $5,818/month
    $2,909 /fortnight
    Loan $960,000 at 6.10% over 30 years

    Upfront costs

    Deposit$240,000
    Stamp duty$66,000
    Conveyancing (est.)$2,000
    Total upfront$308,000
    Verify with VIC revenue office →
    Indicative figures only — not a quote. Real loan offers depend on the lender; duty depends on contract terms and applicable concessions.

    Property Details

    Property Type
    house
    Listing Type
    For Sale
    Listed
    2 months ago

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