The offering of 'Marfield' provides a wonderful opportunity to acquire a substantial, well managed cropping and grazing property in the well known Swan Reach area of the South Australian Mallee with the reputation of this district in producing consistent cereal crops and medium quality wools having been maintained over the years.
The major Riverland towns of Waikerie and Loxton are 20 minutes and 45 minutes away respectively, each boasting extensive facilities including medical, educational, business and sporting. The important centre of Murray Bridge is just 1 1/2 hours away and the Barossa is similar distance.
Swan Reach is also just 20 minutes away and Adelaide a comfortable 2 hour drive to the west.
Management of 'Marfield' has been outstanding. The diligent land and grazing management programs, combined with well maintained improvements, provide genuine benefits to intending purchasers and make this property one of the most outstanding offerings in the district for sometime.
Inspection arrangements by appointment with exclusive agent, Rob Calaby of Calaby Real Estate.
The size of New Well is approximately 209.2 square kilometres. The population of New Well in 2016 was 17 people. By 2021 the population was 21 showing a population growth of 23.5% in the area during that time. The predominant age group in New Well is 40-49 years. Households in New Well are primarily childless couples and are likely to be repaying $2400 - $2999 per month on mortgage repayments. In general, people in New Well work in a managers occupation.In 2021, 50.00% of the homes in New Well were owner-occupied compared with 200.00% in 2016.
New Well has 17 properties.
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