1172 Reserve Creek Rd, Reserve Creek is a bedroom, 1 bathroom House with 2 parking spaces and was built in 2004. The property has a land size of 20000m2. While the property is not currently for sale or for rent, it was last sold in October 2016.
What more could you ask for when looking for rural value? Take into account the value of 5 acres, add the cost of electricity, unlimited water, septic, sealed road and landscaped terraces and I am sure it will easily exceed the current asking price.
The site was formerly a highly profitable wholesale indoor plant hire business, thus the vast infrastructure. The primary business was sold a few years back but a smaller wholesale operation has been maintained. The propagation income currently covers the property outgoings and provides a comfortable wage for the caretaker but easily wound up if not required. Alternatively the business can be grown by the experienced nurseryman with the following inventory on hand;
9 Greenhouses
The size of Reserve Creek is approximately 15.8 square kilometres. It has 2 parks covering nearly 0.3% of total area. The population of Reserve Creek in 2011 was 213 people. By 2016 the population was 142 showing a population decline of 33.3% in the area during that time. The predominant age group in Reserve Creek is 60-69 years. Households in Reserve Creek are primarily childless couples and are likely to be repaying $800 - $999 per month on mortgage repayments. In general, people in Reserve Creek work in a managers occupation. In 2011, 64.4% of the homes in Reserve Creek were owner-occupied compared with 59.2% in 2016..
Reserve Creek has 74 properties. Over the last 5 years, Houses in Reserve Creek have seen a 64.86% increase in median value. As at 31 October 2024:
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