Situated only a short drive North of Heywood and central to the seaside town of Portland, Hamilton and Warrnambool is this well cared for property that would suit the hobby farmer or someone that requires shed storage. This home has ample room under the roof with the entertainment areas being of a generous size. The home features wood heating and 2 reverse cycles to keep the temperatures very comfortable all year round.
This farmlet was once part of a large dairy and the old dairy is still available if required. The property is separated into 5 paddocks plus the house block is supported by ample water with both a bore and rainwater plumbed to the house.
Shedding is very plentiful and massive with a 37m x 18m shed, a 16m x 8.5m shed, 2 huge hay sheds and a workshop.
The size of Milltown is approximately 69.5 square kilometres. It has 2 parks covering nearly 17.7% of total area. The population of Milltown in 2011 was 418 people. By 2016 the population was 52 showing a population decline of 87.6% in the area during that time. The predominant age group in Milltown is 50-59 years. Households in Milltown are primarily childless couples and are likely to be repaying $600 - $799 per month on mortgage repayments. In general, people in Milltown work in a trades occupation. In 2011, 82.2% of the homes in Milltown were owner-occupied compared with 76.1% in 2016..
Milltown has 58 properties. Over the last 5 years, Houses in Milltown have seen a 117.21% increase in median value, while Units have seen a 3.59% increase. As at 30 September 2024:
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