Absolutely wonderful small acreage lifestyle opportunity nestled on the permanent Tea Garden Creek which gently meanders through the countryside towards Milawa.
Ideally located in the fabulous food and wine region of Milawa and the gateway to the various snowfields of North East Victoria this property's potential is either for a permanent residence or a holiday weekender getaway.
The early 60s brick clad home features 4 bedrooms, renovated kitchen with new oven, updated bathroom, wood heater, split system cooling and 3 phase power.
The size of Markwood is approximately 42.6 square kilometres. The population of Markwood in 2011 was 266 people. By 2016 the population was 242 showing a population decline of 9.0% in the area during that time. The predominant age group in Markwood is 60-69 years. Households in Markwood are primarily childless couples and are likely to be repaying $1000 - $1399 per month on mortgage repayments. In general, people in Markwood work in a managers occupation. In 2011, 74.4% of the homes in Markwood were owner-occupied compared with 79.6% in 2016..
Markwood has 139 properties. Over the last 5 years, Houses in Markwood have seen a 53.30% increase in median value. As at 31 October 2024:
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