Two bedroom cottage with open plan meals/family area that needs plaster, ceiling works, part re-flooring and refurbishment throughout. Rare opportunity to own river frontage with absolute river front access. 3.2 acres grazing, irrigation water allocation, pipeline water tapped and metered close to old cottage, sealed road. Power connected to cottage and septic system, water right of 6 megs in total, old laundry store shed. Zoned Farming, new building permits unlikely, bushfire, erosion and inundation overlay applicable to land. Power at road edge. Two minute walk to general store, hotel and community facilities. Camping and fisherman's paradise only 38kms to Bendigo. Do not delay.
The size of Newbridge is approximately 96.3 square kilometres. It has 3 parks covering nearly 7.4% of total area. The population of Newbridge in 2011 was 359 people. By 2016 the population was 185 showing a population decline of 48.5% in the area during that time. The predominant age group in Newbridge is 60-69 years. Households in Newbridge are primarily childless couples and are likely to be repaying under $300 per month on mortgage repayments. In general, people in Newbridge work in a managers occupation. In 2011, 81.1% of the homes in Newbridge were owner-occupied compared with 86.7% in 2016..
Newbridge has 216 properties. Over the last 5 years, Houses in Newbridge have seen a 52.34% increase in median value, while Units have seen a -60.51% decrease. As at 31 October 2024:
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