Set on approx. 2.83 acres of freshly titled land, 32 Church road, Marungi is poised for it's next venture.
Currently vacant with cropping land surrounding it, this parcel of land has established trees, a recycle dam, ample shedding and a new septic system on it. Located close to the main Shepparton-Katamatite road this property sits in an ideal position for the new owner to take to the next level.
This weatherboard home has a larger canvas then normal, with 3 allocated bedrooms and two living areas the home consists of 3 original chimneys, a new roof to the main body and front and back verandahs adding character and style to this unique possibility.
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 26.95% increase in median value, while Units have seen a 320.22% increase. As at 30 September 2024:
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