This property is located 45kms north of Raymond Terrace & is ideal as a weekend retreat or to build a home on subject to DA approval. Its zoned 1A rural. The approx 87 acres is partly cleared, well fenced & offers an ample water supply with a permanent creek & 2 good size dams. Clearing of scrubby undergrowth would enhance carrying capacity, improvements include temporary accommodation, awnings and water tank. Power & phone close to front boundaries. This property would be ideal for motorbikes, cattle or horses. Keen to sell.
The size of The Branch is approximately 107.2 square kilometres. It has 2 parks. The population of The Branch in 2011 was 350 people. By 2016 the population was 79 showing a population decline of 77.4% in the area during that time. The predominant age group in The Branch is 50-59 years. Households in The Branch are primarily childless couples and are likely to be repaying $1800 - $2399 per month on mortgage repayments. In general, people in The Branch work in a trades occupation. In 2011, 73.5% of the homes in The Branch were owner-occupied compared with 86.6% in 2016.
The Branch has 147 properties. Over the last 5 years, Houses in The Branch have seen a 10.17% increase in median value. As at 31 October 2024:
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