RAY WHITE MERIMBULA
ACREAGE ON TOP OF THE WORLD
Vacant land 18,244.2 sq.m. (4.7 acres) with a north/eastern aspect affording expansive views back across Merimbula Lake to Merimbula township and ocean beyond. Located some 10.5 kms and less than 15 minutes by car from the Merimbula Post Office the property is fully fenced, has power and phone, water access and improvements consisting of a caravan, water tank and small shed. There is also a designated building site on the property.
The size of Millingandi is approximately 19.7 square kilometres. It has 4 parks covering nearly 7.9% of total area. The population of Millingandi in 2011 was 384 people. By 2016 the population was 443 showing a population growth of 15.4% in the area during that time. The predominant age group in Millingandi is 60-69 years. Households in Millingandi are primarily childless couples and are likely to be repaying $1800 - $2399 per month on mortgage repayments. In general, people in Millingandi work in a trades occupation. In 2011, 85.1% of the homes in Millingandi were owner-occupied compared with 87.4% in 2016.
Millingandi has 351 properties. Over the last 5 years, Houses in Millingandi have seen a 61.52% increase in median value, while Units have seen a 30.15% increase. As at 31 October 2024:
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