Zoned Rural Living.
A rare opportunity to acquire this extensive block just 8km from Ballarat city centre and 5km from Buninyong centre.
Timbered allotment with quality homes in immediate area.
The size of Magpie is approximately 9.9 square kilometres. It has 1 park. The population of Magpie in 2011 was 639 people. By 2016 the population was 358 showing a population decline of 44.0% in the area during that time. The predominant age group in Magpie is 50-59 years. Households in Magpie are primarily couples with children and are likely to be repaying $1000 - $1399 per month on mortgage repayments. In general, people in Magpie work in a professional occupation. In 2011, 89.6% of the homes in Magpie were owner-occupied compared with 92.3% in 2016..
Magpie has 140 properties. Over the last 5 years, Houses in Magpie have seen a 56.60% increase in median value, while Units have seen a 29.43% increase. As at 30 September 2024:
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