Davidson Cameron and Co, Narrabri, present for sale "Couradda North" 2044 Melburra Rd, Couradda.
Located at the foot of the Nandewar range in the high rainfall district east of Edgeroi, the 785Ha* (1940 acres*) block consists of 566Ha* (1398 acres*) fertile summer and winter cropping country, and the balance potential grazing, as well as including two high quality gravel quarries, and five current licences allowing for the potential extraction of 125,000 tonnes per annum of material, this versatile parcel represents a prime opportunity to invest in a blue chip asset with multiple income streams.
The cropping country is made up of black, grey, and red vertosol self mulching soils with some lighter areas, and is complimented by a high annual average rainfall of 750mm (30"), the perfect mix for producing high yielding winter and summer crops.
? 566 ha* Prime cropping country
? High 750mm rainfall
? 2 registered gravel quarries - 5 licences -125,000 tonne per annum potential
? 4 Dams
? 7 bores (1 operational)
? 2 Bedroom, plus office, cottage
? 3 x 100 tonne silos (2 sealed)
? Steel and timber cattle yards
The size of Couradda is approximately 162.9 square kilometres. There are 4 parks, covering nearly 27.0% of the total area. The population of Couradda in 2016 was 54 people. By 2021 the population was 29 showing a population decline of 46.3% in the area during that time. The predominant age group in Couradda is 50-59 years. Households in Couradda are primarily childless couples and are likely to be repaying $3000 - $3999 per month on mortgage repayments. In general, people in Couradda work in a managers occupation.In 2021, 54.60% of the homes in Couradda were owner-occupied compared with 53.90% in 2016.
Couradda has 33 properties.
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