AUCTION: 11:00am SAT 10th DEC 2016, AT DUNTRYLEAGUE GOLF CLUB, ORANGE
'The Gap' is a 217.46 Ha block of fertile limestone to loam soils situated in a picturesque valley. It is suitable for most farming and livestock pursuits, including cropping or breeding and fattening livestock. The property boasts an exceptional water supply, with frontage to Gap Creek, 2,300 gph bore, and 4 dams. Improvements include a 2-stand shearing shed and sheep yards, and a machinery/grain shed. Originally timbered with white and yellow box trees with good shade remaining, there is a great opportunity for further pasture improvement. The property is subdivided into 8 paddocks with fencing in a sound and stock proof condition. There are many excellent vantage sites for home and shed building on the property. The property's proximity to Molong and Orange offers considerable prospects in a very sound and well sort-after area.
The size of Larras Lee is approximately 112.8 square kilometres. The population of Larras Lee in 2016 was 68 people. By 2021 the population was 57 showing a population decline of 16.2% in the area during that time. The predominant age group in Larras Lee is 60-69 years. Households in Larras Lee are primarily couples with children and are likely to be repaying $300 - $449 per month on mortgage repayments. In general, people in Larras Lee work in a managers occupation.In 2021, 84.20% of the homes in Larras Lee were owner-occupied compared with 66.70% in 2016.
Larras Lee has 44 properties. Over the last 5 years, Houses in Larras Lee have seen a 21.86% increase in median value. As at 30 April 2026:
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