A fantastic opportunity for the astute buyer as the willing vendors are ready to meet the market on this property.
Expand your current operation, enter the wine grape industry or make alternative use of the land & irrigation infrastructure.
Approximately 150 acres planted to wine grapes comprising 3 portions boasting valuable dwelling entitlements subject to council approval. Improvements are diesel run drip irrigation system, all steel machinery shed, approximately 6 megalitre storage dam and power available to the property.
The size of Bilbul is approximately 78.6 square kilometres. It has 1 park covering nearly 0.1% of total area. The population of Bilbul in 2011 was 673 people. By 2016 the population was 563 showing a population decline of 16.3% in the area during that time. The predominant age group in Bilbul is 50-59 years. Households in Bilbul are primarily couples with children and are likely to be repaying $1800 - $2399 per month on mortgage repayments. In general, people in Bilbul work in a managers occupation. In 2011, 80.2% of the homes in Bilbul were owner-occupied compared with 76.4% in 2016.
Bilbul has 358 properties. Over the last 5 years, Houses in Bilbul have seen a 82.12% increase in median value, while Units have seen a 34.44% increase. As at 31 October 2024:
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