Executors Auction - Account: The Estate of B. Horton
Small Rural holding of 23.47 ha (60 Acres) with 20 Meg water right (a further 95.2 Megs are available at market price). The property has Two Homes that are in rustic / fair condition. House 1 (cottage in fair condition) - 2 bedrooms, located at the front of property, rented for $50 per week. In need of renovation. House 2 (main original home) 3 bedrooms, spacious country kitchen with living room and combustion heating, the home is located in centre of property. In need of renovation. This is a delightful Farmlet and is a rare opportunity as the property has had one family ownership for over 60 years. Featuring 17 paddocks, disused dairy, Stockyards, 5000 Gallon rain water storage, 2 pressure pumps and 3 phase power and is an ideal improver and situated on 22 kilometres to Echuca with School Bus available.
The size of Bamawm Extension is approximately 62.3 square kilometres. The population of Bamawm Extension in 2011 was 425 people. By 2016 the population was 254 showing a population decline of 40.2% in the area during that time. The predominant age group in Bamawm Extension is 40-49 years. Households in Bamawm Extension are primarily childless couples and are likely to be repaying $800 - $999 per month on mortgage repayments. In general, people in Bamawm Extension work in a managers occupation. In 2011, 84.5% of the homes in Bamawm Extension were owner-occupied compared with 87.3% in 2016..
Bamawm Extension has 109 properties. Over the last 5 years, Houses in Bamawm Extension have seen a 59.44% increase in median value. As at 30 September 2024:
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