A highly productive farm in the Penola district 12kms south of the township with approx.722 acres of prime farming land with beautiful scattered gum trees throughout property. Fenced into 14 paddocks which are all watered from 4 windmills, with mostly improved pastures of sub clover, rye grass and phalaris and has an excellent fertilizer history. The property has a very comfortable 2-3 bedroom solid stone home and is only minutes to town. Other improvements include a two stand shearing shed, sheep yards, and machinery/haysheds.
The size of Monbulla is approximately 156.7 square kilometres. It has 3 parks covering nearly 1.8% of total area. The population of Monbulla in 2011 was 1,706 people. By 2016 the population was 113 showing a population decline of 93.4% in the area during that time. The predominant age group in Monbulla is 0-9 years. Households in Monbulla are primarily childless couples and are likely to be repaying under $300 per month on mortgage repayments. In general, people in Monbulla work in a managers occupation. In 2011, 70.7% of the homes in Monbulla were owner-occupied compared with 80% in 2016..
Monbulla has 120 properties. As at 31 October 2024:
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