This 300 acre parcel of good grazing country comes with a big bonus. The large acreage has been organised to subdivide into 3 good 100 acre blocks all with great building sites.
Previously a DA was approved for 3 lots, all with building entitlements and it would be straightforward to resubmit to council. This would be an ideal opportunity for friends or family to go in together on a lifestyle investment. Some lots would be more cleared than others but they all share good red clay loam soil, high rainfall and privacy.
The main property fronts Mooral Creek with cleared creek flats and easy access of the main road.
The size of Mooral Creek is approximately 45.6 square kilometres. It has 1 park covering nearly 6.6% of total area. The population of Mooral Creek in 2011 was 340 people. By 2016 the population was 86 showing a population decline of 74.7% in the area during that time. The predominant age group in Mooral Creek is 60-69 years. Households in Mooral Creek are primarily childless couples and are likely to be repaying $800 - $999 per month on mortgage repayments. In general, people in Mooral Creek work in a labourer occupation. In 2011, 80% of the homes in Mooral Creek were owner-occupied compared with 81.2% in 2016..
Mooral Creek has 64 properties. Over the last 5 years, Houses in Mooral Creek have seen a 58.05% increase in median value. As at 31 October 2024:
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