A very rare small acreage (approximately 70 acres) of prime King Island pastured land, located near the King Island Airport and 5 minutes to the central hub of Currie.
? Virtually all level pasture, well fertilised and quite capable of turning off a nice amount of fat cattle annually.
? Water is supplied by 2 on farm dams and a recently drilled bore.
This quality 70 acre holding in an ideal location, presents a great opportunity to get a start in the beef industry and with 4 established neighbouring farmers, surely a great investment for the future.
Perhaps a small dwelling (STCA) would provide a solid base to pursue the Island's great food, fishing, surfing, golf and related tourism ventures.
The size of Loorana is approximately 130.2 square kilometres. It has 8 parks covering nearly 15% of total area. The population of Loorana in 2011 was 1,091 people. By 2016 the population was 118 showing a population decline of 89.2% in the area during that time. The predominant age group in Loorana is 50-59 years. Households in Loorana are primarily childless couples and are likely to be repaying $800 - $999 per month on mortgage repayments. In general, people in Loorana work in a managers occupation. In 2011, 59.1% of the homes in Loorana were owner-occupied compared with 76.9% in 2016..
Loorana has 107 properties. Over the last 5 years, Houses in Loorana have seen a 25.00% increase in median value. As at 30 September 2024:
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