Approximately 196 acres in 3 titles, closely located to the township of Leongatha. Currently being used for cultivation, this gently undulating property would also make a perfect grazing property.
Subdivided into 6 large paddocks, with a spring fed dam and a water licence, the property will be returned to grazing pasture before settlement. The external fencing is good 5 barb wire, and the property also has easy access from two unused road accesses.
Very rarely do properties of this nature become available so close to town, with power available. So, don't miss the opportunity to secure this acreage.
The size of Ruby is approximately 18.7 square kilometres. The population of Ruby in 2011 was 437 people. By 2016 the population was 200 showing a population decline of 54.2% in the area during that time. The predominant age group in Ruby is 40-49 years. Households in Ruby are primarily childless couples and are likely to be repaying $1800 - $2399 per month on mortgage repayments. In general, people in Ruby work in a managers occupation. In 2011, 80% of the homes in Ruby were owner-occupied compared with 80.6% in 2016..
Ruby has 87 properties. Over the last 5 years, Houses in Ruby have seen a 87.24% increase in median value. As at 31 October 2024:
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