Ideal Serviced Block
1.5 acres, approximately a kilometre out of Kolora, 10 minutes from Terang and Mortlake. Fully fenced flat land with stone walling and sheltered by cypress trees, this block is ready to build on and already has a building permit. There is already a storage shed, and power, telephone, septic and bore are also all there and ready to be connected. This block provides a great opportunity for someone to live out of town, to build and to have their own hobby farm. Not many blocks this size available in this area so get in soon so you don't miss out.
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The size of Kolora is approximately 95.2 square kilometres. The population of Kolora in 2011 was 356 people. By 2016 the population was 143 showing a population decline of 59.8% in the area during that time. The predominant age group in Kolora is 50-59 years. Households in Kolora are primarily childless couples and are likely to be repaying $1000 - $1399 per month on mortgage repayments. In general, people in Kolora work in a managers occupation. In 2011, 74.4% of the homes in Kolora were owner-occupied compared with 75% in 2016..
Kolora has 82 properties. Over the last 5 years, Units in Kolora have seen a -36.37% decrease in median value. As at 31 October 2024:
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