OUTSTANDING PICOLA/NATHALIA DISTRICT PROPERTY Renowned Fattening/Cropping Country Irrigation & undulated dry land with Broken Creek frontage Lot 1 Green Bay 495 acres (approx.) 2 Titles Mostly laid out to farm plan Irrigated via 3 phase pump (Broken Creek) Pipe & rise to 16 Ha Flood irrigation to 100 Ha (Lucerne & Cereal) Balance dry land Cereal Excellent farm fencing laneway system Steel cattle yard and sound old farm shedding Original homestead will suit the restorer with classic features worth renovating (Circa 1900 s) No permanent water shares sold with property Lot 2 Bonny Banks Excellent dry land with 1.4 delivery shares & 3 phase power. Ideal centre pivot irrigation sites. Original homestead in picturesque setting overlooking Broken Creek. Sound old home worth renovating (Circa 1930 s). 4 main rooms, veranda and underground cellar. Very good lock up machinery shed, with power, concrete floor & two stand raised board sheering shed with plant Hay shed, old log cabin/garage, 4 silos Remarks: Both properties are highly productive and very complementary to each other and have served the Lindsay family very well. Green Bay (495 acres approx.) has a modern irrigation system in place and ideal fattening block for sheep/cattle. Bonny Banks (316 acres approx.) is boundaried by the most attractive Broken Creek and the homestead has a lovely creek view. Farm improvements are very good and will suit the lifestyle purchaser or value adding local land owners.
The size of Picola is approximately 251.6 square kilometres. It has 3 parks covering nearly 80.3% of total area. The population of Picola in 2016 was 207 people. By 2021 the population was 206 showing a population decline of 0.5% in the area during that time. The predominant age group in Picola is 60-69 years. Households in Picola are primarily childless couples and are likely to be repaying $800 - $999 per month on mortgage repayments. In general, people in Picola work in a managers occupation.In 2021, 82.10% of the homes in Picola were owner-occupied compared with 69.20% in 2016.
Picola has 198 properties. Over the last 5 years, Houses in Picola have seen a 36.83% increase in median value. As at 30 April 2026:
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