Offering a variety of options is this impressive nine lot subdivision on the outskirts of Michelago. Blocks range in size from 4ha (10ac) to 22ha (55ac) and vary from relatively flat blocks to gently undulating with most having elevation and stunning panoramic views. All blocks are fully fenced with gate and driveway entry. With the exception of Lot 1, all blocks have low voltage power available at the boundary and a 4000sqm building envelope. Lot 1 has a building envelope of 3000sqm with a power pole nearby for electricity connection. All are ready to build on now with no time limit to build. Some excellent grazing is available and there is double creek frontage on Lots 1 and 3. It is about a 20-minute drive along the Monaro Highway to Tuggeranong, 35 minutes to Woden and 50 minutes to Canberra's CBD.
The size of Michelago is approximately 235.5 square kilometres. It has 3 parks covering nearly 9.2% of total area. The population of Michelago in 2011 was 647 people. By 2016 the population was 551 showing a population decline of 14.8% in the area during that time. The predominant age group in Michelago is 50-59 years. Households in Michelago are primarily couples with children and are likely to be repaying $2400 - $2999 per month on mortgage repayments. In general, people in Michelago work in a managers occupation. In 2011, 88.1% of the homes in Michelago were owner-occupied compared with 85.2% in 2016.
Michelago has 340 properties. Over the last 5 years, Houses in Michelago have seen a 47.64% increase in median value. As at 31 October 2024:
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