Phone Enquiry ID: 16356
SIGNIFICANT PRICE REDUCTION. Not many blocks left, and this one is the best. An opportunity exists to secure this magnificent rural building allotment on the Mary river in the suburb of Yengarie, only 11 km from the historic town of Maryborough in the Fraser coast region. Located about 270 km north of Brisbane, its a great place to escape the city rat race, be close to Hervey bay and Fraser island and live the rural dream without the hassle of having to maintain a large property. The property forms part of the upmarket Riverside Lakes subdivision. This is the only land holding in the estate that fronts both the river and lake with no adjoining neighbours. The property is surrounded by community title land, giving an almost "park like" feel. Not only does the property have terrific views over the lake and river, but it also overlooks the historic chimney ruins of the Central sugar mill which operated from the 1860's until the end of the 19th century. In 1868, an alcohol still was installed at the Mill and significant quantities of rum were produced, which would no doubt make for a great talking point at barbecues or dinner parties. Given its location, the land deserves to have a house of significant proportion built which would complement the location and views. The historic town of Maryborough is a short drive away, as are many schools. For those that love boating, Hervey bay and access to Fraser island are 45 minutes up the road. There is already a bitumen driveway and a large building pad has been prepared. With a small amount of work on the community titled neighbouring land, access can be made to the river and dam for water activities. (subject to Body corporate consent). Electricity and phone are already at the property. Inspection is recommended for a family looking for the best in rural lifestyle. Be quick to secure the best block in the subdivision.
The size of Yengarie is approximately 27.2 square kilometres. It has 3 parks covering nearly 7.4% of total area. The population of Yengarie in 2011 was 690 people. By 2016 the population was 442 showing a population decline of 35.9% in the area during that time. The predominant age group in Yengarie is 50-59 years. Households in Yengarie are primarily childless couples and are likely to be repaying $1800 - $2399 per month on mortgage repayments. In general, people in Yengarie work in a trades occupation. In 2011, 89.3% of the homes in Yengarie were owner-occupied compared with 86.6% in 2016.
Yengarie has 298 properties. Over the last 5 years, Houses in Yengarie have seen a 94.22% increase in median value, while Units have seen a 147.18% increase. As at 31 October 2024:
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