Smiths Road, Balmoral$1.20m
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Smiths Road

Balmoral, VIC 3407, Australia
$1.20m
256.98 ha

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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 Details

Property Type
house
Listing Type
For Sale
Land Area
256.98 ha
Listed
3 months ago

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
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Indicative figures only — not a quote. Real loan offers depend on the lender; duty depends on contract terms and applicable concessions.

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Neighbourhood

Living in Balmoral

This house in Balmoral, VIC 3407 sits within reach of local shops and nearby schools. It is listed 129% above the $525,000 median of 1 comparable housewithin 5 km.

Schools near Balmoral

  • Balmoral K-12 Community Collegecombined · Prep-12 · CoEd

What's nearby

  • Balmoral Community Store10.0 km away

Balmoral at a glance

Full suburb profile
Population
281
Median age
53
Household income
$1,211/wk
Median rent
$100/wk
Median mortgage
$702/mo

Source: ABS Census.

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