THE REAL DEAL
Just beside the City of Sale, in a semi surrounded housing area, is a hidden treasure of 62 acres or 25 Hectares.
This property possessing 10 paddocks and an ample 38 megalitres of water from the Mafra irrigation system has yielded effortlessly and consistently as a high yielding dairy farm carrying 1.5 cows per acre in all earnest.
The size of Myrtlebank is approximately 12 square kilometres. The population of Myrtlebank in 2011 was 296 people. By 2016 the population was 125 showing a population decline of 57.8% in the area during that time. The predominant age group in Myrtlebank is 50-59 years. Households in Myrtlebank are primarily couples with children and are likely to be repaying $450 - $599 per month on mortgage repayments. In general, people in Myrtlebank work in a managers occupation. In 2011, 81.4% of the homes in Myrtlebank were owner-occupied compared with 86.3% in 2016..
Myrtlebank has 64 properties. Over the last 5 years, Houses in Myrtlebank have seen a 84.26% increase in median value. As at 30 September 2024:
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