This 5437m2 block is set out on 3 titles and is ready for you to take it to the next level. Whether it be building a home or investing in the town, the opportunities are endless. The block is zoned as Township, has town water connected and power out the front, some lovely established trees. This block of land is ready for you to design and build that home or opportunity you have always wanted. With the beautiful silos just been painted and the local pub/caf up and running the little town of Picola is a lovely place live. Positioned on a corner block with bitumen frontage only 10 minutes to Nathalia, 30 minutes to Echuca and only 15 minutes to the mighty Murray River, this location has all bases covered!
The size of Picola is approximately 251.6 square kilometres. It has 3 parks covering nearly 80.3% of total area. The population of Picola in 2016 was 207 people. By 2021 the population was 206 showing a population decline of 0.5% in the area during that time. The predominant age group in Picola is 60-69 years. Households in Picola are primarily childless couples and are likely to be repaying $800 - $999 per month on mortgage repayments. In general, people in Picola work in a managers occupation.In 2021, 82.10% of the homes in Picola were owner-occupied compared with 69.20% in 2016.
Picola has 198 properties. Over the last 5 years, Houses in Picola have seen a 60.53% increase in median value. As at 31 March 2026:
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