This is a 191.5 hectare (473 acre) timbered block with a permit to clear for agricultural use. Alternatively, this could be your ideal lifestyle block being a quiet and private rural getaway just minutes to the quiet seaside village of Naracoopa on the east coast and 25 minutes to the main town of Currie on the west coast of the island. A potential house site has been cleared which allows views over bush to the ocean. There is an abundance of native bush types with the She Oak being prevalent around the clearing giving rise to the name as the wind moves through these trees. Further subdivision into 50 hectare parcels subject to Council approval could provide some lifestyle options with extended frontage along Fraser Road.
The size of Pegarah is approximately 143.8 square kilometres. It has 1 park covering nearly 8.6% of total area. The population of Pegarah in 2011 was 203 people. By 2016 the population was 141 showing a population decline of 30.5% in the area during that time. The predominant age group in Pegarah is 60-69 years. Households in Pegarah are primarily childless couples and are likely to be repaying $1000 - $1399 per month on mortgage repayments. In general, people in Pegarah work in a managers occupation. In 2011, 75.9% of the homes in Pegarah were owner-occupied compared with 84.6% in 2016..
Pegarah has 93 properties. Over the last 5 years, Houses in Pegarah have seen a 38.02% increase in median value. As at 30 September 2024:
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