CBRE is pleased to be appointed exclusively by the Carter Family to present for sale the Munga Park Aggregation, a 2,531* hectare (6,254* acres) opportunity in the South East region of South Australia. The Aggregation consists of five contiguous properties located between 4 kilometres* and 10 kilometres* north west of Frances.
Munga Park last changed hands approximately 30 years ago, when Tim and Valerie Carter purchased the well-known stud from Bruce Burnell at Frances. Over the 70s and 80s, the Burnells developed Munga Park into one of the leading Simmental studs in Australia.
The size of Frances is approximately 119.4 square kilometres. The population of Frances in 2016 was 84 people. By 2021 the population was 92 showing a population growth of 9.5% in the area during that time. The predominant age group in Frances is 60-69 years. Households in Frances are primarily childless couples and are likely to be repaying $450 - $599 per month on mortgage repayments. In general, people in Frances work in a labourer occupation.In 2021, 58.60% of the homes in Frances were owner-occupied compared with 65.80% in 2016.
Frances has 135 properties. Over the last 5 years, Houses in Frances have seen a 152.81% increase in median value. As at 31 January 2026:
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