103 Greens Lane, Lower Southgate is a 3 bedroom, 1 bathroom House with 10 parking spaces and was built in 1950. The property has a land size of 218500m2. While the property is not currently for sale or for rent, it was last sold in March 2018.
THE PROPERTY: 54 acres of alluvial country fenced into 7 paddocks plus a laneway. Ease of management and the option for rotational grazing, and the ability to plant fodder or forage crops is a feature here. Predominant pastures include kikuyu, paspalum, setaria and clover. This country would also lend itself well to cropping and cultivation.
THE HOUSE: The substantial old farmhouse is in modest condition, and would make an ideal renovation project in time, but is perfectly liveable in its current state. There are two average sized bedrooms plus one enormous bedroom. At the rear of the home is a sunroom, and another sunroom on the Western side of the home, which leads out to a deck on the North-Western corner of the home. There's a third sunroom at the front of the home, facing North. Tweaking of the floorplan here could really bring this old homestead to life. There is also a garage and adjacent barbecue area located at the front of the house yard. The house is currently rented for $300 per week, the tenants are on a periodic lease but would love to stay if an investor were to purchase the property.
THE SHED: 15m x 8m shed with concrete floor and power connected, located atop a flood-free mound. There s plenty of room on the mound for additional flood-free storage too; whether it be for machinery, vehicles or perhaps livestock. There s also an additional machinery shed plus an old dairy building.
The size of Lower Southgate is approximately 73.3 square kilometres. It has 4 parks covering nearly 29.3% of total area. The population of Lower Southgate in 2011 was 1,047 people. By 2016 the population was 98 showing a population decline of 90.6% in the area during that time. The predominant age group in Lower Southgate is 60-69 years. Households in Lower Southgate are primarily childless couples and are likely to be repaying $1000 - $1399 per month on mortgage repayments. In general, people in Lower Southgate work in a community and personal service occupation. In 2011, 87.3% of the homes in Lower Southgate were owner-occupied compared with 89.7% in 2016..
Lower Southgate has 75 properties. Over the last 5 years, Houses in Lower Southgate have seen a 69.33% increase in median value. As at 30 November 2024:
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