This rural property comprises 240 acres (97.16ha) of prime land, which is divided into three separate titles. The majority of the land has been cleared and is well-suited for both cropping and grazing purposes.
The property boasts valuable water resources, including 3.43 delivery share for irrigation and 3 ML of stock domestic water. With five irrigation outlets, it is equipped for efficient farming practices.
On-site accommodation includes three homes, although two of them are in need of extensive repairs. In addition to the homes, the property features disused dairy and cattle yards, which could be revitalized for potential cattle farming.
Convenient access is ensured by the bitumen road frontage and close to major towns.
A unique aspect of this property is its rich family history, having remained in the same family for over a century.
Terms: 10% Deposit
Settlement: 60 Days or by mutual agreement
The size of Merrigum is approximately 55.9 square kilometres. It has 2 parks covering nearly 0.8% of total area. The population of Merrigum in 2011 was 674 people. By 2016 the population was 673 showing a population decline of 0.1% in the area during that time. The predominant age group in Merrigum is 50-59 years. Households in Merrigum are primarily couples with children and are likely to be repaying $800 - $999 per month on mortgage repayments. In general, people in Merrigum work in a labourer occupation. In 2011, 79.6% of the homes in Merrigum were owner-occupied compared with 78.9% in 2016.
Merrigum has 422 properties. Over the last 5 years, Houses in Merrigum have seen a 69.01% increase in median value. As at 31 July 2024:
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