138.25 Acres* / 56 Hectares* (2 titles)
Key property features include:
? Rich volcanic grazing land suitable for dairy support, beef and sheep
Agents Comments: First time offered in over 100 years, a choice parcel of grazing country and with the bonus of subdivision potential (Subject to Council Approval)
For Sale by Expression of Interest ? Closing Thursday 14th November 2024 at 4:00pm
Inspections strictly by appointment
*Denotes approximately
The size of Derrinallum is approximately 273.8 square kilometres. The population of Derrinallum in 2011 was 514 people. By 2016 the population was 397 showing a population decline of 22.8% in the area during that time. The predominant age group in Derrinallum is 60-69 years. Households in Derrinallum are primarily childless couples and are likely to be repaying under $300 per month on mortgage repayments. In general, people in Derrinallum work in a managers occupation. In 2011, 73.7% of the homes in Derrinallum were owner-occupied compared with 80.3% in 2016.
Derrinallum has 312 properties. Over the last 5 years, Houses in Derrinallum have seen a 73.27% increase in median value, while Units have seen a 307.02% increase. As at 30 November 2024:
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