BUCHAN 105 ACRES
150 acres of undulating land nestled in the hills just north of the township of Buchan. With spring fed dams, uninterrupted views and adjacent to National Park, this property has been tightly held family property for many generations. A well kept secret lies beneath, of a significant surveyed cave discovered close to the turn of the last century by the ''Moon'' family. The Scrubby Creek cave is formed in Buchan Limestone with a capping of pyramids, member limestone and is a classic active stream passage with a surveyed length of one mile. Situated along the western edge of the Buchan basin where the Snowy River volcanic and the gentle slopes of the Buchan Caves limestone meets. A once in a lifetime lifestyle property.
The size of Buchan is approximately 429.6 square kilometres. It has 5 parks covering nearly 88.6% of total area. The population of Buchan in 2011 was 386 people. By 2016 the population was 226 showing a population decline of 41.5% in the area during that time. The predominant age group in Buchan is 50-59 years. Households in Buchan are primarily childless couples and are likely to be repaying $450 - $599 per month on mortgage repayments. In general, people in Buchan work in a managers occupation. In 2011, 78.8% of the homes in Buchan were owner-occupied compared with 77.9% in 2016..
Buchan has 287 properties. Over the last 5 years, Houses in Buchan have seen a 119.91% increase in median value. As at 31 October 2024:
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