Colliers is pleased to present for sale "Burge", a highly productive cropping enterprise supported by sub-drip irrigation infrastructure with further development potential located at 196 Bowdens Bridge Road, Lake Charm VIC 3581.
Key features of the opportunity include:
The size of Lake Charm is approximately 144.7 square kilometres. It has 5 parks covering nearly 8.4% of total area. The population of Lake Charm in 2011 was 311 people. By 2016 the population was 156 showing a population decline of 49.8% in the area during that time. The predominant age group in Lake Charm is 50-59 years. Households in Lake Charm are primarily couples with children and are likely to be repaying $1000 - $1399 per month on mortgage repayments. In general, people in Lake Charm work in a managers occupation. In 2011, 75.3% of the homes in Lake Charm were owner-occupied compared with 71.5% in 2016..
Lake Charm has 147 properties. Over the last 5 years, Houses in Lake Charm have seen a 76.89% increase in median value. As at 31 October 2024:
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