A great opportunity to acquire a substantial riverfront property with land suited to horticulture crops such as citrus, vines, almonds, avocados.
Total freehold area of 134.63ha (331 acres)
The size of New Residence is approximately 14.7 square kilometres. The population of New Residence in 2011 was 116 people. By 2016 the population was 76 showing a population decline of 34.5% in the area during that time. The predominant age group in New Residence is 10-19 years. Households in New Residence are primarily couples with children and are likely to be repaying under $300 per month on mortgage repayments. In general, people in New Residence work in a managers occupation. In 2011, 81.1% of the homes in New Residence were owner-occupied compared with 62% in 2016..
New Residence has 72 properties. Over the last 5 years, Houses in New Residence have seen a 95.46% increase in median value. As at 31 October 2024:
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