Opportunity to purchase this unusual rural property consisting of approx. 18 Acres of highly productive Red/Brown earth. Zoned Rural, this property has a disused open gravel pit located in the middle of the block along with an old stone ruin. This property has been cropped in the past.
This property has loads of potential for rural pursuits with arable land that can be cropped, ideal for livestock, horses or a variety of other uses (STCC).
The location is enviable with outstanding rural views, less than 10 minutes' drive into the Riverton township main street, schools and shops.
WARNING: This property has a large, open, unfenced gravel pit. Access to this property is STRICTLY PROHIBITED without being accompanied by the Agent or prior written permission.
The size of Riverton is approximately 154 square kilometres. It has 8 parks covering nearly 0.3% of total area. The population of Riverton in 2011 was 1,213 people. By 2016 the population was 1,036 showing a population decline of 14.6% in the area during that time. The predominant age group in Riverton is 60-69 years. Households in Riverton are primarily childless couples and are likely to be repaying $1000 - $1399 per month on mortgage repayments. In general, people in Riverton work in a managers occupation. In 2011, 74.6% of the homes in Riverton were owner-occupied compared with 69.8% in 2016.
Riverton has 781 properties. Over the last 5 years, Houses in Riverton have seen a 92.48% increase in median value. As at 30 November 2024:
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