If you are looking to live somewhere affordable and away from the city life, then look no further than this amazing block of land in Caramut. The block consists of two equal lots on one Title totalling 4126m2 (just over one acre).
The block of land comes with a large shed which measures approximately 14.5m x 7.3m wide. It has a septic system, town water and power supply to the block of land and shed.
There is a house on the block of land that was relocated and re-stumped but unfortunately it has no permits.
The block of land is located very close to the Caramut Recreation Reserve and a short stroll away from the Western pub and town center.
It's proximity to Warrnambool, Port Fairy, Hamilton, Mortlake and even the beautiful Grampians, make it a very attractive and desirable prospect to definitely consider buying or investing.
The size of Caramut is approximately 279.4 square kilometres. It has 1 park covering nearly 0.1% of total area. The population of Caramut in 2011 was 354 people. By 2016 the population was 248 showing a population decline of 29.9% in the area during that time. The predominant age group in Caramut is 50-59 years. Households in Caramut are primarily childless couples and are likely to be repaying under $300 per month on mortgage repayments. In general, people in Caramut work in a managers occupation. In 2011, 71.3% of the homes in Caramut were owner-occupied compared with 76.8% in 2016..
Caramut has 187 properties. Over the last 5 years, Houses in Caramut have seen a 197.10% increase in median value. As at 30 November 2024:
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