RURAL DIVERSITY
Great 300 acre property just 30km,less than 30 minutes from town by sealed road & in the picturesque Coaldale Valley. About 120 acres has been cleared and planted to an established hardwood plantation. There remains open grassy areas along creeks and drainage lines and the owner estimates the property grazing capacity at about 80 steers. The land rises gently from the creek frontage to steeper country in the South. Water is from permanent creeks running through the property. Power is at the road frontage and close to some fantastic building sites with established trees and overlooking the cleared areas to the forest.
The size of Coaldale is approximately 94 square kilometres. It has 3 parks covering nearly 10.1% of total area. The population of Coaldale in 2011 was 289 people. By 2016 the population was 45 showing a population decline of 84.4% in the area during that time. The predominant age group in Coaldale is 50-59 years. Households in Coaldale are primarily couples with children and are likely to be repaying $1800 - $2399 per month on mortgage repayments. In general, people in Coaldale work in a managers occupation. In 2011, 88.9% of the homes in Coaldale were owner-occupied compared with 60.8% in 2016..
Coaldale has 54 properties. Over the last 5 years, Houses in Coaldale have seen a 49.70% increase in median value. As at 31 October 2024:
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