HIGHLY REGARDED RELIABLE PRODUCTIVE GRASSDALE AREA
123.33 ACRES - 49.91 HECTARES
PRIME LAMBS - BEEF - WOOL PRODUCTION - LIFESTYLE
Attractive well balanced gently undulating to hilly land, comprising predominantly clay loam soils carrying established well fertilized perennial pastures.
Well fenced into three paddocks, with reliable creek water supply.
Attractive home site (STCA) three sealed road frontages (Hamilton-Dartmoor Road, Tahara-Grassdale Road and Merino-Grassdale Road).
Excellent opportunity to secure a quality acreage in a tightly held, well located and secure area. Annual historical average rainfall (675 mm - 27 Inch).
Inspection highly recommended and by appointment.
The size of Merino is approximately 97.6 square kilometres. The population of Merino in 2016 was 253 people. By 2021 the population was 249 showing a population decline of 1.6% in the area during that time. The predominant age group in Merino is 60-69 years. Households in Merino are primarily childless couples and are likely to be repaying under $300 per month on mortgage repayments. In general, people in Merino work in a managers occupation.In 2021, 91.60% of the homes in Merino were owner-occupied compared with 80.40% in 2016.
Merino has 261 properties. Over the last 5 years, Houses in Merino have seen a 68.55% increase in median value, while Units have seen a 57.19% increase. As at 31 May 2026:
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