'Ivanhoe' is gloriously located at the southern end of the Derwent Valley and has been lovingly maintained and developed into a magnificent property by its current owners. The property consists of two freehold titles and features a 4km frontage to the Derwent River.
The property is run as a cattle breeding and fattening operation with some cropping having been undertaken in the past.
It enjoys 550-600mm of rainfall per annum and has irrigation infrastructure extensively installed throughout, including a 40 ha centre pivot irrigator in perfect working order and the capacity to support additional irrigators. Water is readily available direct from the Derwent River with a water right of 400 ML. More water may be available upon negotiation.
The size of Plenty is approximately 32.5 square kilometres. It has 6 parks covering nearly 3.8% of total area. The population of Plenty in 2016 was 93 people. By 2021 the population was 66 showing a population decline of 29.0% in the area during that time. The predominant age group in Plenty is 40-49 years. Households in Plenty are primarily couples with children and are likely to be repaying $1000 - $1399 per month on mortgage repayments. In general, people in Plenty work in a community and personal service occupation.In 2021, 72.00% of the homes in Plenty were owner-occupied compared with 62.50% in 2016.
Plenty has 51 properties. Over the last 5 years, Houses in Plenty have seen a 77.54% increase in median value. As at 31 January 2026:
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