Introduction:
In the popular Indigo Valley district this property will provide a brilliant opportunity to someone looking to get on the wheel at the lower end of the market.
Area:
Land:
A balance of natural light grazing bush with some cleared areas and potential to improve this with some clearing of re-growth.
Residence:
Two (2) bedroom clad home off grid with full refurbishment needed, all basic amenities in place.
Water:
Water comes via large storage tanks from the home, as well as numerous dams throughout the property.
Working Improvements:
Open hay/machinery shedding and timber cattleyards.
Remarks:
These opportunities do not come up all the time to create a new lifestyle or improve the existing one. This property will improve in value with some work and will provide an excellent return on investment.
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Property Code: 1550
The size of Chiltern is approximately 200.7 square kilometres. There are 7 parks, covering nearly 66.7% of the total area. The population of Chiltern in 2016 was 1605 people. By 2021 the population was 1580 showing a population decline of 1.6% in the area during that time. The predominant age group in Chiltern is 50-59 years. Households in Chiltern are primarily childless couples and are likely to be repaying $1000 - $1399 per month on mortgage repayments. In general, people in Chiltern work in a trades occupation.In 2021, 84.80% of the homes in Chiltern were owner-occupied compared with 81.90% in 2016.
Chiltern has 968 properties. Over the last 5 years, Houses in Chiltern have seen a 36.24% increase in median value, while Units have seen a 26.80% increase. As at 31 August 2026:
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