Located on the banks of the beautiful Murray River this 120 acre (approx.) property is situated approximately 35km North of Swan Hill in the community of Koraleigh. The property is laid out for irrigation and grazing and features 6 paddocks, a shed, an old stock yard and house that is uninhabitable. Beautiful river gums line the Murray River banks and are scattered across the property which is private and serene. Your own electric pump pumps directly from the the river to supply the property with water, no pumping syndicates or shared channels. The property includes 8mgl of Stock & Domestic water. The current owner has not farmed the property for a couple of years however, everything is here and ready for you to jump in and take it on.
**Not included in the sale but available to purchase at market value is 200mgl of general security water and 3mgl of high security water.
Don't miss this brilliant opportunity acquire this attractive holding right on the banks of the mighty Murray!
The size of Koraleigh is approximately 145.2 square kilometres. It has 3 parks covering nearly 0.4% of total area. The population of Koraleigh in 2011 was 279 people. By 2016 the population was 359 showing a population growth of 28.7% in the area during that time. The predominant age group in Koraleigh is 50-59 years. Households in Koraleigh are primarily childless couples and are likely to be repaying $600 - $799 per month on mortgage repayments. In general, people in Koraleigh work in a managers occupation. In 2011, 85.1% of the homes in Koraleigh were owner-occupied compared with 72.8% in 2016.
Koraleigh has 188 properties. Over the last 5 years, Houses in Koraleigh have seen a 50.73% increase in median value. As at 30 September 2024:
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