Rich, Secure and Renowned Simpson Area 279.46 Acres (113.1 ha)
EXCELLENT DAIRYING PROPERTY - INVESTMENT PROPOSITION
* Outstanding beautifully balanced rolling country carrying excellent pastures, with 43 well fenced paddocks (central laneways), abundant water via 13 dams plus troughs in every paddock.
The size of Cooriemungle is approximately 146.5 square kilometres. It has 3 parks covering nearly 13.9% of total area. The population of Cooriemungle in 2011 was 465 people. By 2016 the population was 373 showing a population decline of 19.8% in the area during that time. The predominant age group in Cooriemungle is 50-59 years. Households in Cooriemungle are primarily childless couples and are likely to be repaying under $300 per month on mortgage repayments. In general, people in Cooriemungle work in a managers occupation. In 2011, 79.8% of the homes in Cooriemungle were owner-occupied compared with 64.4% in 2016..
Cooriemungle has 160 properties. Over the last 5 years, Houses in Cooriemungle have seen a 50.54% increase in median value, while Units have seen a 76.12% increase. As at 31 October 2024:
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