PROPERTY LEASED
This is one of those opportunities that only come around once in a lifetime. Situated in the highly fertile and productive Gum Creek district with direct bitumen road access by Road 137, this area and more importantly this particular property, has been renowned for its high yielding broadacre cropping, quality hay production, lush Lucerne flats and prime lamb production.
The size of Gum Creek is approximately 71.3 square kilometres. The population of Gum Creek in 2011 was 1,396 people. By 2016 the population was 6 showing a population decline of 99.6% in the area during that time. The predominant age group in Gum Creek is 10-19 years. Households in Gum Creek are primarily childless couples and are likely to be repaying $1000 - $1399 per month on mortgage repayments. In general, people in Gum Creek work in a labourer occupation. In 2011, 69.8% of the homes in Gum Creek were owner-occupied compared with 120% in 2016..
Gum Creek has 32 properties. Over the last 5 years, Houses in Gum Creek have seen a 48.59% increase in median value. As at 30 November 2024:
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