AUCTION Rescheduled - Sunday 6th November @ 11am
Munro's is a property of distinction with unique qualities to be offered in two separate lots. Lot 1 the home lot comprising 9.8 HA (24 acres approx) has frontage to McBain Road and has a unique sandhill topography with rich sandy loams ideally suited for any intensive horticultural needs. Munro's has been well held in the Munro family since the 1920's with it's original use being mixed farming including dairy and horticulture. In recent times it has been leased out for dairy agistment but has so much potential to redevelop for stud cattle, horses or horticulture needs. The home block comprises a beautifully built 4-bedroom brick veneer home circa late 1960's with the home as good as the day it was built with an upgraded kitchen and bathroom to suit today's needs. There is split system air conditioning in the living and main bedroom, solid fuel heater in the lounge plus built-in robes to 3 bedrooms. There is a 3 bay colour bond machinery shed within the self-contained house yard, a small horse paddock and an old historic dairy surrounded by peppercorn tree plantations, giving the homestead ambience with great bones and potential to further develop for cattle or horse use. The main paddock is a sandhill subdivided into two paddocks with mature tree plantations and an opportunity to engage an irrigation system to the backbone channel that boundaries the title.
Lot 2 comprises 11.9 HA (29 acres approx.) and has internal bridge access to Lot 1. Bitumen road frontages to McBain Road and Murphy Road with double gate access off Murphy Road will allow local farming opportunists to buy additional farming land. Laid out to flood irrigation with irrigation outlets in need of modernization.
The size of Koyuga is approximately 93.7 square kilometres. It has 1 park covering nearly 1.6% of total area. The population of Koyuga in 2011 was 328 people. By 2016 the population was 306 showing a population decline of 6.7% in the area during that time. The predominant age group in Koyuga is 60-69 years. Households in Koyuga are primarily childless couples and are likely to be repaying $1000 - $1399 per month on mortgage repayments. In general, people in Koyuga work in a managers occupation. In 2011, 83% of the homes in Koyuga were owner-occupied compared with 86.2% in 2016..
Koyuga has 183 properties. Over the last 5 years, Houses in Koyuga have seen a 52.00% increase in median value. As at 30 November 2024:
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