A massive opportunity for a family or investor to purchase a going concern in the mining and agricultural town of Southern Cross. The family could live in the original boarding house which has 4 double rooms and 9 single rooms. A further 22 transportable client accommodation rooms as follows; 12 single rooms with ensuites, 1 double room with ensuite, 3 double rooms and 6 single rooms without ensuites, linen room, recreation room with toilet and guest laundry with washing machines and dryers. Industrial kitchen including cool rooms and freezers plus dining room. All inquiries to exclusive selling agents Elders Real Estate, phone Will Morris 0448 415 537.
The size of Southern Cross is approximately 555.2 square kilometres. It has 8 parks covering nearly 2% of total area. The population of Southern Cross in 2011 was 842 people. By 2016 the population was 680 showing a population decline of 19.2% in the area during that time. The predominant age group in Southern Cross is 50-59 years. Households in Southern Cross are primarily childless couples and are likely to be repaying $300 - $449 per month on mortgage repayments. In general, people in Southern Cross work in a trades occupation. In 2011, 56.9% of the homes in Southern Cross were owner-occupied compared with 60.1% in 2016.
Southern Cross has 830 properties. Over the last 5 years, Houses in Southern Cross have seen a 70.74% increase in median value, while Units have seen a 49.69% increase. As at 31 October 2024:
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