'Mamaregu' is positioned approximately 65kms East of the regional city of Wagga Wagga. Located in the desirable Carabost region, the property is approximately 337 acres and enjoys Carabost Creek frontage. The average rainfall per annum is approx 28'.
Water is a desirable feature of 'Mamaregu', having 17 dams, spring fed concrete tank (approx 13,000 litres) 54,000L of rain water, and an underground power supply to the creek which was originally an old pump site. The land is suitable for Fruit and grape production along with oats and triticale.
The property has been fenced into 9 paddocks, pastures visible are phalaris, fescue, and clovers.
The size of Carabost is approximately 206 square kilometres. It has 2 parks covering nearly 37% of total area. The population of Carabost in 2011 was 374 people. By 2016 the population was 44 showing a population decline of 88.2% in the area during that time. The predominant age group in Carabost is 60-69 years. Households in Carabost are primarily childless couples and are likely to be repaying $1800 - $2399 per month on mortgage repayments. In general, people in Carabost work in a clerical occupation. In 2011, 75% of the homes in Carabost were owner-occupied compared with 82.6% in 2016.
Carabost has 127 properties. Over the last 5 years, Houses in Carabost have seen a 89.28% increase in median value, while Units have seen a 32.46% increase. As at 31 October 2024:
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