Please before you make any offers on this property that are subject to finance make sure that your lender understands that it is a rural zoned property. It makes a large difference to the loan.
This farmlet is an ideal rural retreat. Being approx 23.5km from Jeparit and approx 30.6km from Rainbow this property has all weather gravel road access off the bitumen with no neighbours. The house is a cement rendered Mud Brick home with 3 large double rooms, 1990's kitchen, updated bathroom with some white ant damage, spacious lounge, tiles family room, and a dining area. The home has ceiling fans in most rooms, 2 wood heaters and a split system A/C.
Outside there is a back porch, Laundry, 2nd toilet, double car shed, storage shed, workshop and a grain shed that needs immediate attention. The property is on septic and has a bore as it's water supply.
The size of Jeparit is approximately 685.3 square kilometres. It has 1 park. The population of Jeparit in 2011 was 631 people. By 2016 the population was 467 showing a population decline of 26.0% in the area during that time. The predominant age group in Jeparit is 50-59 years. Households in Jeparit are primarily childless couples and are likely to be repaying under $300 per month on mortgage repayments. In general, people in Jeparit work in a managers occupation. In 2011, 78.2% of the homes in Jeparit were owner-occupied compared with 73.5% in 2016.
Jeparit has 473 properties. Over the last 5 years, Houses in Jeparit have seen a 67.24% increase in median value, while Units have seen a -30.14% decrease. As at 31 October 2024:
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