This timber home on 10 acres is located on a quiet road close to Killarney beach, Tower Hill and is a 10 minute drive to both Warrnambool and Port Fairy. The setting is perfect for horses or simply for the kids to 'run wild'. The timber home presents well inside however exterior painting would add extra value. The acreage is divided into 4 main paddocks plus the house block. The random placement of mature trees provides perfect shelter for animals and it lifts the overall appearance. The home comprises two bedrooms, two spacious living areas, open plan kitchen/dining, family bathroom and laundry. The kitchen features stainless appliances including dish-washer, 6 burner gas stove and an abundance of cupboards. Reverse cycle cooling/heating as well as a free standing wood heater, impressive T & G boards and polished floorboards are also a feature in the home. An entertaining area accessed from french doors is perfect for bbq's and is sheltered by established trees. Plenty of water and shedding complete's the picture of this property for $498, 000, and it is an easy home to add value for low cost.
The size of Tower Hill is approximately 11.7 square kilometres. It has 1 park covering nearly 54.1% of total area. The population of Tower Hill in 2011 was 353 people. By 2016 the population was 83 showing a population decline of 76.5% in the area during that time. The predominant age group in Tower Hill is 60-69 years. Households in Tower Hill are primarily childless couples and are likely to be repaying $1400 - $1799 per month on mortgage repayments. In general, people in Tower Hill work in a managers occupation. In 2011, 89.6% of the homes in Tower Hill were owner-occupied compared with 88.9% in 2016..
Tower Hill has 45 properties. Over the last 5 years, Houses in Tower Hill have seen a 64.60% increase in median value. As at 31 July 2024:
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