With more than 1km of frontage along the Buchan River, this serene slice of paradise offers a charming waterfront lifestyle and income-producing potential all in one. There are 37 acres of glorious land to enjoy along with X acres of leased land with the property producing lucerne and boasting more than 500 productive olive trees in multiple varieties.
The quaint three-bedroom, one-bathroom home is enveloped by a wrap-around verandah and offers comfortable living for the lucky new owners. Soaring ceilings with exposed beams, brick feature walls and a wood fire heater ensure a warm and inviting interior while the oversized windows frame lovely views of the property.
Parquet flooring flows underfoot in the dining area and kitchen complete with a gas cooktop, dishwasher and wall oven.
The long list of extra features includes built-in robes to two bedrooms, a central bathroom, an additional powder room, an attached workshop and a carport. There's also a 9x5m three-bay open shed and a 6x5m powered shed with a concrete floor.
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 285 properties. Over the last 5 years, Houses in Buchan have seen a 119.64% increase in median value. As at 30 September 2024:
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