* Set in a very private location with views right out to Mallanganee range , this high set mountain to valley property is set on 10.81 ha or just over 26 acres.
* The property has been left untouched for many years, was very overgrown and has recently had a controlled burn throughout the property to tidy it up.
* The previous owner had plans to build an octagonal house facing the awesome views and has a full set of plans available for the new owners if required, slabs and drainage etc complete for this. ( subject to submitting a dwelling application to council )
The size of Drake is approximately 282.7 square kilometres. It has 3 parks covering nearly 18.8% of total area. The population of Drake in 2011 was 397 people. By 2016 the population was 338 showing a population decline of 14.9% in the area during that time. The predominant age group in Drake is 50-59 years. Households in Drake are primarily childless couples and are likely to be repaying under $300 per month on mortgage repayments. In general, people in Drake work in a labourer occupation. In 2011, 83.7% of the homes in Drake were owner-occupied compared with 85.8% in 2016.
Drake has 297 properties. Over the last 5 years, Houses in Drake have seen a 64.54% increase in median value. As at 30 September 2024:
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