We are offering this established 24.79 HA (approx 61.23 acre) Pine Tree Plantation in the Lake Goldsmith area, near Beaufort. The trees were planted in 1998 and reach maturity at around 30 years of age.
Planting was at 367 stems per hectare and the trees are insured for $190,800 in the current year. A planned thinning, in accordance with Plantation Management best practice, was recently carried out. The Land is located in a very popular farming area and is zoned Farm Zone (FZ), adjoining there is currently a canola crop and other cereal crops are abundant nearby. The property is located in Trawalla West Road, approx 2km off the Lake Goldsmith Road and 42km from Ballarat and presents an opportunity for a great return in approximately 12 years time, with very little expense in the meantime and promises a large lump sum when the trees are harvested.
The size of Lake Goldsmith is approximately 70.2 square kilometres. It has 1 park covering nearly 12.7% of total area. The population of Lake Goldsmith in 2016 was 29 people. By 2021 the population was 22 showing a population decline of 24.1% in the area during that time. The predominant age group in Lake Goldsmith is 10-19 years. Households in Lake Goldsmith are primarily couples with children and are likely to be repaying under $300 per month on mortgage repayments. In general, people in Lake Goldsmith work in a managers occupation.In 2021, 77.80% of the homes in Lake Goldsmith were owner-occupied compared with 50.10% in 2016.
Lake Goldsmith has 38 properties. Over the last 5 years, Houses in Lake Goldsmith have seen a 77.86% increase in median value. As at 31 October 2025:
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