131 Lobban Road, Monash SA 5342

131 Lobban Road, Monash SA 5342
Rural acreage near Riverland towns | 3-bedroom, 1-bathroom house | 4.4โ€“5.5 hectares land | income potential from farming This property offers a rare combination of residential comfort and productive land within ten minutes of Berri or Barmera, making it a strong buy for buyers seeking lifestyle acreage with income offset. The land size discrepancy across listings suggests flexibility in how the holding is measured or used, which works in a buyer’s favour when negotiating. The existing gardens and lawns reduce immediate landscaping burden, while the eight car spaces indicate the property can handle multiple vehicles or equipment-practical for a semi-rural setup. This suits owner-occupiers who want a home base with room for small-scale agriculture or hobby farming. The main risk is the lack of clear zoning or permitted use data, which could limit future subdivision or intensive farming plans. Buyers should confirm council approvals before committing, as this uncertainty may reduce resale appeal. On the positive side, the Elders history as “Acreage Living, Plus Income” signals the property has previously supported revenue generation, so replicating that model is plausible. The estimated value around $400,000 is moderate for Riverland acreage, offering entry-level rural exposure without overpaying. Hold this property as a primary residence with a side income stream, not as a pure investment play.

Independent, Unbiased Research Report for this property by PropCred Analyst teamย 

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Market Insight:

Monash (SA 5342) demand is being driven by affordable entry prices, large residential and hobbyโ€‘acre blocks, proximity to Riverland irrigation precincts and steady local agricultural and rental investor interest. Buyers are attracted to lifestyle acreage and rental yield potential; risks include exposure to farm commodity cycles, water security and relatively thin market liquidity, while growth opportunities come from regional migration and limited new supply. Prices have broadly trended up over the past six months, showing firm to modest growth following a strong 12โ€‘month lift.
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PropCred Estimated Value

Bedrooms

3

Bathroom

1

Parking

8

Land

4.55 ha

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