With a tar road frontage, this half acre (2073 m2) residential block in the picturesque village of Hanging Rock presents a great opportunity to build a home or a weekender.
The block is level and fully fenced with power running through the front. Established trees along western boundary. Only a short drive to Nundle which is offering all ammenities (shop, fuel, cafes, medical, post office, school).
Great value at this price!
The size of Hanging Rock is approximately 313.7 square kilometres. It has 10 parks covering nearly 54.4% of total area. The population of Hanging Rock in 2011 was 598 people. By 2016 the population was 99 showing a population decline of 83.4% in the area during that time. The predominant age group in Hanging Rock is 60-69 years. Households in Hanging Rock are primarily childless couples and are likely to be repaying $600 - $799 per month on mortgage repayments. In general, people in Hanging Rock work in a managers occupation. In 2011, 72% of the homes in Hanging Rock were owner-occupied compared with 71.4% in 2016..
Hanging Rock has 156 properties. Over the last 5 years, Houses in Hanging Rock have seen a 93.93% increase in median value, while Units have seen a -15.16% decrease. As at 31 October 2024:
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