Undeveloped block with approximately 400m bitumen road frontage, Maintained gravel road down one side gives great access to the whole block.
Gas wells are on a contract income of $1150 per annum cpi adjusted for years to come and the rates are less than $650 per annum
So you can own this block and have an assured income to cover rates and a few bucks left over for you. Not a bad deal for the price
The size of Kumbarilla is approximately 249.7 square kilometres. It has 2 parks covering nearly 16.6% of total area. The population of Kumbarilla in 2011 was 563 people. By 2016 the population was 189 showing a population decline of 66.4% in the area during that time. The predominant age group in Kumbarilla is 40-49 years. Households in Kumbarilla are primarily childless couples and are likely to be repaying $1000 - $1399 per month on mortgage repayments. In general, people in Kumbarilla work in a trades occupation. In 2011, 82.3% of the homes in Kumbarilla were owner-occupied compared with 91.8% in 2016..
Kumbarilla has 183 properties. Over the last 5 years, Houses in Kumbarilla have seen a 90.17% increase in median value. As at 31 July 2024:
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