Ti-Tree Gums
The name aptly describes this property in the highly productive Lymwood area of King Island. Land area is 120 hectares, the majority of which is cleared and grassed. There is infrastructure for beef breeding and fattening, a large high-tech heated green house facility, and ample water in a high and reliable rainfall belt, allowing options for producing alternate income. The residence is in an attractive setting blending in perfectly to the surrounding area with a 3-bay garage alongside. The residence is in good condition with rustic appeal and comprising three bedrooms, plus office, and living areas with pleasing outlook. Mains electricity is not connected, the alternate power supply being solar with back-up generators and batteries, which is innovative and cost effective. Altogether this is a property with all the ingredients for a great lifestyle.
The size of Lymwood is approximately 126.0 square kilometres. There are 4 parks, covering nearly 10.1% of the total area. The population of Lymwood in 2016 was 114 people. By 2021 the population was 105 showing a population decline of 7.9% in the area during that time. The predominant age group in Lymwood is 40-49 years. Households in Lymwood are primarily couples with children and are likely to be repaying not stated per month on mortgage repayments. In general, people in Lymwood work in a managers occupation.In 2021, 83.00% of the homes in Lymwood were owner-occupied compared with 73.90% in 2016.
Lymwood has 94 properties. Over the last 5 years, Houses in Lymwood have seen a 83.79% increase in median value. As at 30 June 2026:
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