429 Lands RoadGumlu QLD 4805
Property Details for Lot 10/429 Lands Rd, Gumlu
Last Listing description (November 2021)
With Molongle Creek bounding the southern boundary, this 158 acre (approx) grazing block is ideally situated at Gumlu just west of the township. Gumlu has a pub and shop and is only 30 minutes to Ayr and 45 mins to Bowen with its stunning beaches and great fishing. Airports are 90 minutes in either direction at Townsville or Proserpine.
The block is fully fenced with new three strand boundary fence on three sides and internally broken up into 6 useable paddocks. Water is supplied from a new solar submersible which pumps from a bore roughly situated in the center of the block. The submersible pumps to a 10,000-gallon storage tank, before water is run by 1.5 inch poly line to stock waters. A small dam provides a back up supply to the bore.
Heavily grassed with native species such as Mitchell, Indian Couch and Flinders interspersed with introduced legumes such as Seca and Verano, this country has a heavy carrying capacity and should run a beast to 6 acres all year round.
Timber treatment and general maintenance has been ongoing and there is not a lot of work to do immediately. Paddocks of this size are hard to find and would suit the horse enthusiast or to just run a few cattle to top up the budget. Great buying at the asking price. See Peter for more info or to inspect.
Property History for Lot 10/429 Lands Rd, Gumlu, QLD 4805
- 28 Oct 2024Sold for $400,000
- 28 Sep 2021Listed for Sale $305,000
- 17 Sep 2018Sold for $250,000
About Gumlu 4805
The size of Gumlu is approximately 388.5 square kilometres. The population of Gumlu in 2016 was 181 people. By 2021 the population was 124 showing a population decline of 31.5% in the area during that time. The predominant age group in Gumlu is 60-69 years. Households in Gumlu are primarily childless couples and are likely to be repaying $3000 - $3999 per month on mortgage repayments. In general, people in Gumlu work in a managers occupation.In 2021, 76.00% of the homes in Gumlu were owner-occupied compared with 70.00% in 2016.
Gumlu has 92 properties. Over the last 5 years, Houses in Gumlu have seen a 59.24% increase in median value. As at 30 April 2026:
- The median value for Houses in Gumlu is $269,597 while the median value for Units is $1,109,523.
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