Sometimes you can feel the character & style of a home as soon as you enter the front door and this magnificent mudbrick home will definitely do that to you.
The main residence sits on approximately 5 acres of land and it's own title. The two other individual titles to the north & south are both similar in size consisting of 5 acres at $300,000 each, both currently have a building permit on them. Offering a very unique opportunity for the right buyer to purchase to lot and or resell off 2 titled lots.
The central block (11 North St, Marungi) consists of the original Mudbrick custom built home, consisting of 3 good sized bedrooms including a Master bedroom with ensuite & walk in robe.
The size of Marungi is approximately 28.2 square kilometres. The population of Marungi in 2011 was 534 people. By 2016 the population was 91 showing a population decline of 83.0% in the area during that time. The predominant age group in Marungi is 50-59 years. Households in Marungi are primarily couples with children and are likely to be repaying $1400 - $1799 per month on mortgage repayments. In general, people in Marungi work in a managers occupation. In 2011, 84.7% of the homes in Marungi were owner-occupied compared with 77.3% in 2016..
Marungi has 81 properties. Over the last 5 years, Houses in Marungi have seen a 34.34% increase in median value, while Units have seen a 320.22% increase. As at 31 October 2024:
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