An excellent opportunity exists to purchase a very fertile rural property in the very sought after valley of Meadow Creek situated only 12 minutes to the Rural township of Moyhu. Local community facilities include: pre-school, police station, hotel, caravan park, general store, post-office, garage/service mechanic and bowls club. Moyhu is approximately 20 min to the regional city of Wangaratta.
The residence consists of three bedrooms plus spacious lounge room and a well presented Black Wood kitchen. Additional improvements include: three bay colourbond lockable shed complete with power and concrete floor; 60x40ft hayshed and 60x25ft steel machinery shed.
Water is the main feature of this delightful property with a fail safe spring fed dam plus two concrete tanks (1 x 25,000 gallons and another 14,000 gallons. In addition the property has a well at a depth of 25ft plus a further 2 x 5,000 gallon poly tanks which gravity feed water over the property for stock and garden purposes.
The size of Meadow Creek is approximately 73.9 square kilometres. It has 5 parks covering nearly 23.3% of total area. The population of Meadow Creek in 2011 was 183 people. By 2016 the population was 70 showing a population decline of 61.7% in the area during that time. The predominant age group in Meadow Creek is 40-49 years. Households in Meadow Creek are primarily couples with children and are likely to be repaying $1800 - $2399 per month on mortgage repayments. In general, people in Meadow Creek work in a managers occupation. In 2011, 73.3% of the homes in Meadow Creek were owner-occupied compared with 73.3% in 2016..
Meadow Creek has 67 properties. Over the last 5 years, Houses in Meadow Creek have seen a 65.00% increase in median value. As at 31 October 2024:
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