Rarely does magnificent grazing land like this become available to purchase. Located in the sought after area of Lake Eacham, this 110 acre flat to gently undulating property is being offered to the market for the first time in 30 years.
The property has an abundance of water with 2 dams, frontage to Malanda Creek and a 216meg water licence. The pastures have been improved and sown with a mixture of Setaria, Brachi and legumes including Pinto Peanut, Creeping Vigna and Glycine.
This property could run a successful stud breeding or fattening operation.
The size of Lake Eacham is approximately 30.7 square kilometres. It has 3 parks covering nearly 17.3% of total area. The population of Lake Eacham in 2011 was 417 people. By 2016 the population was 460 showing a population growth of 10.3% in the area during that time. The predominant age group in Lake Eacham is 50-59 years. Households in Lake Eacham are primarily childless couples and are likely to be repaying $1400 - $1799 per month on mortgage repayments. In general, people in Lake Eacham work in a professional occupation. In 2011, 82.4% of the homes in Lake Eacham were owner-occupied compared with 80.5% in 2016.
Lake Eacham has 229 properties. Over the last 5 years, Houses in Lake Eacham have seen a 71.12% increase in median value. As at 31 October 2024:
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