Located just 10 minutes from Loxton, this wonderful river frontage property is positioned perfectly on the banks of the Mighty River Murray. Offering 88.51 meters of stunning river frontage ensures you with captivating & panoramic views of a peaceful stretch of the Murray & Katarapko Island. The 27 acre property was previously used as horticultural land that includes some old vines, but presents the option to redevelop the land for horticulture or utilise however you like.
The property provides you with privacy, river access and an abundance of room to build your dream home, shedding or even a swimming pool. To completely take in the inimitable views of the beautiful River Murray be sure to include large window panes in your dream home design. This rare opportunity to own your own piece of land located on one of the Murrays picturesque locations does not present itself very often, so be sure you enquire today!
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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