This well presented property is located 26 kms from Shepparton with main road frontage.An appealing 148 acre (59.98 Ha) property with many mixed farming opportunities to explore and develop. There is ample water storage with 3 dams and a 9.7 meg water right plus excellent fencing and laneways.A feature of this property is the 21 x 7 metre colorbond shed with power and the added bonus of kitchen / lunch area. Large rocked yard will appeal to the tradesman or transport operator. The current vendor has planted extensive tree plantations around this area. Your inspection is highly recommended.
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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