Build Your Dream Home with Rural Outlook and City Conveniences
This unique opportunity exists for the astute investor/builder or the owner/occupier to purchase a prime residential acre on the fringe of open rural farmland and district views. For the home owner, design your own dream home on over an acre being in a perfect location within an established residential area. Only minutes from local conveniences with bus stop at the front door and major shopping centre, hospital and private/local schools only 5 minutes away.
There is also a recently expired DA approval for 2 x 3 bedroom duplexes (possible extension STCA) with option to connect to local town water and sewer ... the choice is yours!
The size of Mcgraths Hill is approximately 3.1 square kilometres. It has 7 parks covering nearly 10.9% of total area. The population of Mcgraths Hill in 2011 was 2,506 people. By 2016 the population was 2,546 showing a population growth of 1.6% in the area during that time. The predominant age group in Mcgraths Hill is 40-49 years. Households in Mcgraths Hill are primarily couples with children and are likely to be repaying $1800 - $2399 per month on mortgage repayments. In general, people in Mcgraths Hill work in a trades occupation. In 2011, 77.7% of the homes in Mcgraths Hill were owner-occupied compared with 78.2% in 2016.
Mcgraths Hill has 972 properties. Over the last 5 years, Houses in Mcgraths Hill have seen a 36.57% increase in median value, while Units have seen a 41.50% increase. As at 30 November 2024:
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