A terrific opportunity exists to purchase this quaint 5.2-acre property in the beautiful North East.
Its location, adjacent to Myrtle Creek, lends itself for those relaxing nature retreat weekends, affording privacy and space. With excellent views across the Ovens Valley and with all-weather access via a sealed bitumen road, this property is simply waiting for your idyllic family home.
With a current permit to build, power supply already in place and two dams, all that is required is your vision.
The size of Mudgegonga is approximately 160.9 square kilometres. It has 3 parks covering nearly 12.2% of total area. The population of Mudgegonga in 2011 was 257 people. By 2016 the population was 169 showing a population decline of 34.2% in the area during that time. The predominant age group in Mudgegonga is 50-59 years. Households in Mudgegonga are primarily childless couples and are likely to be repaying $1400 - $1799 per month on mortgage repayments. In general, people in Mudgegonga work in a managers occupation. In 2011, 86.5% of the homes in Mudgegonga were owner-occupied compared with 89.3% in 2016..
Mudgegonga has 132 properties. Over the last 5 years, Houses in Mudgegonga have seen a 42.14% increase in median value. As at 31 October 2024:
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