'CEDAR RIDGEnCREATE YOUR FUTURE HERE ON THIS ELEVATED 9552M2 (2.3 ACRES APPROX) BLOCK LOCATED IN THE 'CEDAR RIDGE' ESTATE OF FEDERAL. POSITIONED HIGH ON THE HILL WITH FANTASTIC VIEWS OVER THE VALLEY & BEYOND TO THE RANGES. OWNERS CIRCUMSTANCES HAVE CHANGED AND ARE MOVING ON AND LOOKING FOR OFFERS.
The size of Federal is approximately 26.8 square kilometres. The population of Federal in 2011 was 712 people. By 2016 the population was 683 showing a population decline of 4.1% in the area during that time. The predominant age group in Federal is 50-59 years. Households in Federal are primarily childless couples and are likely to be repaying $1000 - $1399 per month on mortgage repayments. In general, people in Federal work in a professional occupation. In 2011, 73.3% of the homes in Federal were owner-occupied compared with 73.9% in 2016.
Federal has 310 properties. Over the last 5 years, Houses in Federal have seen a 141.58% increase in median value, while Units have seen a 22.40% increase. As at 31 October 2024:
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