Great Investment Opportunity 1 Gordon Street, Carathool
Positioned in the peaceful village of Carathool, this generous block of land offers an exciting opportunity for investors, developers, or those looking to build their dream home in a quiet rural setting.
Zoning: RU5 Village
Services: Power and water available (not yet connected), sewerage already connected
Ideal for: Investment, future development, or owner-builders seeking space and flexibility
Whether you're looking to secure a smart addition to your portfolio or planning your next lifestyle move, this block offers plenty of potential.
For more information, contact Sophie Litchfield from McGrath Real Estate on 0487 694 450.
*All of the information contained in this document is from sources the Agent and Vendor believe to be reliable; however, we cannot guarantee its accuracy. Prospective purchasers are advised to carry out their own investigations. *
The size of Carrathool is approximately 2406.9 square kilometres. It has 2 parks covering nearly 9.0% of total area. The population of Carrathool in 2016 was 238 people. By 2021 the population was 200 showing a population decline of 16.0% in the area during that time. The predominant age group in Carrathool is 60-69 years. Households in Carrathool are primarily childless couples and are likely to be repaying not stated per month on mortgage repayments. In general, people in Carrathool work in a managers occupation.In 2021, 50.00% of the homes in Carrathool were owner-occupied compared with 48.80% in 2016.
Carrathool has 205 properties. Over the last 5 years, Houses in Carrathool have seen a 325.70% increase in median value, while Units have seen a -41.63% decrease. As at 31 March 2026:
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