Situated in the former gold-rush township of Lamplough this mainly timbered this property is situated a comfortable 40 minute drive North West of Ballarat and is only 10km South East from the increasingly popular tourist destination of Avoca and well within 2 hours drive from Melbourne. Featuring good boundary fencing the property is divided into two paddocks each with watered by two large catchment dams. Mains power is available for connection with a power pole with transformer situated at the property's entrance. Mains power is available and due to its size and convenient location this property would make an astute investment as a family weekender block or potential home site (STCA).
The size of Lamplough is approximately 20.5 square kilometres. It has 1 park covering nearly 0.1% of total area. The population of Lamplough in 2011 was 1,263 people. By 2016 the population was 40 showing a population decline of 96.8% in the area during that time. The predominant age group in Lamplough is 50-59 years. Households in Lamplough are primarily childless couples and are likely to be repaying $1000 - $1399 per month on mortgage repayments. In general, people in Lamplough work in a trades occupation. In 2011, 74% of the homes in Lamplough were owner-occupied compared with 65.2% in 2016..
Lamplough has 50 properties. Over the last 5 years, Houses in Lamplough have seen a 93.03% increase in median value, while Units have seen a -36.57% decrease. As at 30 September 2024:
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