QUALITY ACREAGE, A BONUS RIVER
The Greenough River meanders through this 130 acres of red loamy soil on the Greenough flats. An abundance of fertile soil is perfect for many different options with cropping, sheep, cattle, hay, olive groves and horses being commonplace in this part of the world. This property features a windmill/bore, tank and three troughs for the livestock and watering. Also the fences are in great working order around the 2 road frontage of the block (one is bitumen).
Close proximity to the property is the Hampton Arms, the oldest hotel in W.A. (est 1863). Greenough is steeped in history and this is just one of many constructions in the area that are well over 100 years old. The school bus run is close by and also the ability to grab milk and the paper is just around the corner.
The size of Greenough is approximately 67.5 square kilometres. The population of Greenough in 2011 was 370 people. By 2016 the population was 273 showing a population decline of 26.2% in the area during that time. The predominant age group in Greenough is 40-49 years. Households in Greenough are primarily couples with children and are likely to be repaying $1000 - $1399 per month on mortgage repayments. In general, people in Greenough work in a managers occupation. In 2011, 84.2% of the homes in Greenough were owner-occupied compared with 87% in 2016.
Greenough has 341 properties. Over the last 5 years, Houses in Greenough have seen a 25.95% increase in median value, while Units have seen a 198.26% increase. As at 30 September 2024:
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