2-8 Corack StreetDonald VIC 3480
Property Details for 2-8 Corack St, Donald
Last Listing description (February 2015)
WHAT DO YOU GET FOR $1
Perhaps the cheapest lease of a property in Australia. Yes we are offering the leasehold of the Donald Caravan Park which will cost you $1 per year to lease. The current owners are retiring and still with the balance of the lease to run on the current lease. The park consists of a 14ha (approx.) site with 50 powered sites, 18 cabins and a managers cabin. Nine of the cabins have ensuites and the other nine share the toilet blocks.
The park overlooks a lake which has been stocked with fish. The local council has retained the responsibility for the upkeep and insurance of the BBQ's, toilet blocks and playground leaving the owners to pay for garbage removal, power and gas bills and the mowing of the lawns. This is an excellent opportunity for a semi retired couple or a young couple starting out.
Contact the selling agent John Hadley on 0428 560 630 today to arrange an inspection.
Property History for 2-8 Corack St, Donald, VIC 3480
- 06 Jun 2013Listed for Sale $249,000 PLUS GST IF APPLICABLE
- 03 Nov 2011Listed for Sale $450,000 WIWO
- 30 Oct 2010Listed for Sale $350,000 WIWO
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0About Donald 3480
The size of Donald is approximately 312.8 square kilometres. It has 13 parks covering nearly 23.0% of total area. The population of Donald in 2016 was 1498 people. By 2021 the population was 1472 showing a population decline of 1.7% in the area during that time. The predominant age group in Donald is 50-59 years. Households in Donald are primarily childless couples and are likely to be repaying $600 - $799 per month on mortgage repayments. In general, people in Donald work in a labourer occupation.In 2021, 74.50% of the homes in Donald were owner-occupied compared with 73.50% in 2016.
Donald has 1,004 properties. Over the last 5 years, Houses in Donald have seen a 107.03% increase in median value, while Units have seen a 79.73% increase. As at 28 February 2026:
- The median value for Houses in Donald is $297,879 while the median value for Units is $310,573.
- Houses have a median rent of $330.
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