617 Millers Lane Monbulla is located 12kms South from Penola and 50kms north of Mt Gambier in the South East of South Australia being 394kms from Adelaide, 431kms from Melbourne. The area is renowned for its abundant underground water resource and secure grazing as well as horticultural pursuits such as vineyards, potatos, onions and much more.
The property is situated in the sort after red-gum belt between Penola and Kalangadoo. The property is predominately sandy loam over clay and limestone with pastures being phalaris/clover based. The property is a former soldier settlement allotment that has been free-holded for your purchase.
The property will be offered as a whole being 634 Acres of prime Red Gum grazing country, If the property does not sell as a whole we will then offer subject to plan of subdivision belw with settlement taking place 14 days upon plan being deposited.
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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