147 acres of Prime River flats located in the Milawa Gourmet District. The main homestead features 4 B/R plus study with en-suite off the master. With a bonus 2 B/R cottage and beautiful gardens.
This property has a 600m Ovens River frontage with its rich alluvial soils and high reliability 60 Meg Lt water rights from Ovens River. Water is no problem, with 90 hp electric irrigation pump and in-ground mains through the property and reticulated water to house, garden and troughs from an excellent well.
In addition there are extensive shedding, recently renovated cattle yards, hayshed, gravel beds and native firewood plantations. The areas supports dairy and beef cattle, market gardening and vineyards and is at the heart of the renowned Milawa Gourmet Food and Wine Region making this a very versatile opportunity.
The size of Milawa is approximately 67 square kilometres. The population of Milawa in 2011 was 591 people. By 2016 the population was 587 showing a population decline of 0.7% in the area during that time. The predominant age group in Milawa is 50-59 years. Households in Milawa are primarily childless couples and are likely to be repaying $1000 - $1399 per month on mortgage repayments. In general, people in Milawa work in a managers occupation. In 2011, 84.1% of the homes in Milawa were owner-occupied compared with 84.4% in 2016..
Milawa has 310 properties. Over the last 5 years, Houses in Milawa have seen a 59.37% increase in median value. As at 30 November 2024:
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