This is significant native bushland which was seriously impacted by wild fire in 2012. With Department of Parks and Wildlife on three boundaries, this block is placed to preserve the natural bushland and floral and fauna species native to the island. There has been a conservation covenant placed over around 50% of the property which allows opportunity to develop sufficient area to develop for residential purpose should that be in consideration. Parks & Wildlife land comprises a significant part of the North East of the island running through to the east coast and south to the Sea Elephant River and beyond. There is currently no legal access to the property but if that could be obtained off Reekara Road this would make a great opportunity to preserve and enjoy a unique environment. Otherwise, look to be part of a growing environmental trend where private property is being bought up and covenanted in full to preserve unique areas of the island's natural wonderland
The size of Reekara is approximately 95.5 square kilometres. It has 3 parks covering nearly 29.2% of total area. The population of Reekara in 2011 was 1,091 people. By 2016 the population was 20 showing a population decline of 98.2% in the area during that time. The predominant age group in Reekara is 50-59 years. Households in Reekara are primarily couples with children and are likely to be repaying $1000 - $1399 per month on mortgage repayments. In general, people in Reekara work in a managers occupation. In 2011, 59.1% of the homes in Reekara were owner-occupied compared with 91% in 2016..
Reekara has 25 properties. Over the last 5 years, Houses in Reekara have seen a 36.67% increase in median value. As at 30 September 2024:
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