Superb Lifestyle Property
Perfect Farmlet, positioned on 114 acres of grazing farmland located in picturesque South Riana 5 minutes from the local IGA and 20 minutes from Penguin.
Beautiful acreage on offer with good pasture land and approximately 20 acres of natural bushland, several outbuildings and sheds previously utilised as a dairy and run for many years with cattle - water available.
The size of South Riana is approximately 33.4 square kilometres. It has 2 parks covering nearly 8% of total area. The population of South Riana in 2011 was 451 people. By 2016 the population was 230 showing a population decline of 49.0% in the area during that time. The predominant age group in South Riana is 50-59 years. Households in South Riana are primarily childless couples and are likely to be repaying $1000 - $1399 per month on mortgage repayments. In general, people in South Riana work in a managers occupation. In 2011, 75.3% of the homes in South Riana were owner-occupied compared with 80.6% in 2016.
South Riana has 108 properties. Over the last 5 years, Houses in South Riana have seen a 62.35% increase in median value. As at 31 October 2024:
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