Near Completed New Home on 20 Pastured Acres
All the hard work has been done. Opportunity to purchase a near completed home on a 20 acre level grazing acreage. The home still requires finishing off with door frames and doors to be fitted and kitchen cupboards being the major internal works. Most of the plumbing and electrics are completed. Sewer system (septic tank approved) and water storage tanks are needed to make the home liveable. Power is undergound and is connected to the circuit breaker meter box. The land is fenced into 4 large paddocks with other improvements being a large barn with a large water tank connected, holding yard , loading ramp and large dam. The property offers a purchaser a chance to finish off the home and establish gardens to their liking. Tunnel is a small rural settlement located only a few minutes drive to the well serviced township of Lilydale.
The size of Tunnel is approximately 13.5 square kilometres. It has 1 park covering nearly 23.6% of total area. The population of Tunnel in 2011 was 305 people. By 2016 the population was 68 showing a population decline of 77.7% in the area during that time. The predominant age group in Tunnel is 0-9 years. Households in Tunnel are primarily couples with children and are likely to be repaying $800 - $999 per month on mortgage repayments. In general, people in Tunnel work in a managers occupation. In 2011, 89.3% of the homes in Tunnel were owner-occupied compared with 77.3% in 2016..
Tunnel has 56 properties. Over the last 5 years, Houses in Tunnel have seen a 64.64% increase in median value. As at 30 November 2024:
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