This cute as a button, character-filled cottage is set on a 2 acre block, but surrounded by an additional 5-10 acres of railway land with full usage to the owner, with the railway currently not in use, this land is free to be used for whatever the owner likes. Absolutely perfect as a project to flip, a weekender or a first home buyer or downsizer who would still like some space around them.
The home itself is a 3 bedroom with a central, large bathroom and open living, dining and kitchen area. It is in need of some love, but has been recently repainted and freshened up so move in as is, and do jobs as they come up, or as time and money permits. It is great opportunity to own land of this size, at a fraction of the usual cost in the area. With the additional bonus of all the extra surrounding land, perfect for livestock or the kids to explore and create memories.
The size of Loch is approximately 75.5 square kilometres. The population of Loch in 2011 was 967 people. By 2016 the population was 636 showing a population decline of 34.2% in the area during that time. The predominant age group in Loch is 50-59 years. Households in Loch are primarily childless couples and are likely to be repaying $1000 - $1399 per month on mortgage repayments. In general, people in Loch work in a managers occupation. In 2011, 83% of the homes in Loch were owner-occupied compared with 84.7% in 2016.
Loch has 417 properties. Over the last 5 years, Houses in Loch have seen a 120.58% increase in median value. As at 30 November 2024:
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