This 22-acres (9ha) lifestyle property offers the ideal combination of privacy, practicality, and potential.
The home, a solid weatherboard built in the 1950s has stood the test of time. Inside, it features four generous bedrooms all fitted with ceiling fans and a bright office space off the rear verandah perfect for working from home with reliable Wireless NBN installed for internet connectivity.
The kitchen is well-equipped with a 900mm electric glass top stove, fan-forced oven, and dishwasher, flowing into a comfortable living area.
There's also 2 megalitres of Stock and Domestic water available.
A standout feature is the established olive grove, home to approximately 1,000 trees across four olive oil varieties. Its fully irrigated with a drip system, powered by a large pump and fed by three dedicated water tanks making it an ideal setup for boutique olive oil production.
Horse lovers will appreciate the 50x40 metre sand arena with a gravel base and drainage system, a round yard, and a small wooden yard. There are five large paddocks, each split into two, all with water connected plus four smaller holding paddocks, including a secure foaling yard located just beside the house for easy supervision.
Sheds are in abundance: a garage with roller door, a three-bay lockable machinery shed (one bay concreted), and a large hay shed fitted with stables, lighting, and power. There's also a garden shed, woodshed, and a large 8x18 metre hot house for year-round growing.
With a 9.9kW solar system already installed, and infrastructure in place for both equine and agricultural use, this property is ready to go whether you're looking for a peaceful lifestyle or a productive rural base.
The size of Marungi is approximately 28.2 square kilometres. The population of Marungi in 2016 was 111 people. By 2021 the population was 98 showing a population decline of 11.7% in the area during that time. The predominant age group in Marungi is 50-59 years. Households in Marungi are primarily childless couples and are likely to be repaying $1000 - $1399 per month on mortgage repayments. In general, people in Marungi work in a managers occupation.In 2021, 105.70% of the homes in Marungi were owner-occupied compared with 77.30% in 2016.
Marungi has 81 properties. Over the last 5 years, Houses in Marungi have seen a 44.74% increase in median value, while Units have seen a 907.97% increase. As at 31 December 2025:
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