Strike it rich in Tarnagulla! Homes/shed - outstanding value with multiple assets.
Original fully refurbished 1910 w/b home, polished baltic floors, 3 bed plus office, new kitchen/bathroom, timber themed decor. 3/4 verandah around main home, water view of large body of water, part of 3 interconnected dams giving a lake size water storage. Multiple water tanks. Second home has 3 bedroom hardie plank home. Modern kitchen, bathroom, large lounge with freestanding wood heater and air cond, elevated views of the water/dams. Upgraded power lines, handy machinery, workshop, barns, animal sheds fenced into stock paddocks, fenced house yard, as new onga water pressure pump on dam. Native forest surround the property to the south and west, colourful native flora, private, exceptional water supply - value plus.
4 km from Tarnagulla on main sealed road- 30km to Bendigo $335,000
The size of Tarnagulla is approximately 28.7 square kilometres. It has 3 parks covering nearly 68.5% of total area. The population of Tarnagulla in 2011 was 305 people. By 2016 the population was 121 showing a population decline of 60.3% in the area during that time. The predominant age group in Tarnagulla is 60-69 years. Households in Tarnagulla are primarily childless couples and are likely to be repaying $450 - $599 per month on mortgage repayments. In general, people in Tarnagulla work in a professional occupation. In 2011, 85.3% of the homes in Tarnagulla were owner-occupied compared with 77.8% in 2016.
Tarnagulla has 190 properties. Over the last 5 years, Houses in Tarnagulla have seen a 78.20% increase in median value, while Units have seen a 388.90% increase. As at 31 January 2025:
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