Elders Rural Services Australia Limited is pleased to present for sale 'Morley', a unique and highly versatile mixed farming/lifestyle opportunity offering extensive frontage to Reedy Lake.
'Morley' is well located 9km* north-west of Kerang and offers the choice of a range of agricultural pursuits, being ideally suited to grazing and/or dryland/irrigation cropping endeavours.
Key Features
For Sale by Expression of Interest closing 1st December 2022 at 4pm
Peter Robertson 0417 636 348
Henry Mackinnon 0408 408 299
Nick Myer 0427 610 278
* denotes approx.
The size of Reedy Lake is approximately 30.5 square kilometres. It has 1 park covering nearly 0.6% of total area. The population of Reedy Lake in 2011 was 311 people. By 2016 the population was 19 showing a population decline of 93.9% in the area during that time. The predominant age group in Reedy Lake is 60-69 years. Households in Reedy Lake are primarily couples with children and are likely to be repaying $450 - $599 per month on mortgage repayments. In general, people in Reedy Lake work in a professional occupation. In 2011, 75.3% of the homes in Reedy Lake were owner-occupied compared with 91.6% in 2016..
Reedy Lake has 29 properties. Over the last 5 years, Houses in Reedy Lake have seen a 43.71% increase in median value. As at 31 October 2024:
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