FOR SALE
Neg over $1,250,000

Wallace Road
Cygnet TAS 7112

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Prime Vineyard & Pasture Land

Located just outside of the central Cygnet township area, this large land parcel enjoys superb views of the valley surrounds and offers significant potential for ongoing and further farming use. 16.68ha (41 acres) comprised mostly of sloping & near-level pasture with a small stand of native bush. The land benefits from a sunny north-facing aspect and has an established vineyard in place with 3ha of planted vines and plenty of ground for further expansion along with the building of sheds and a home (STCA).
Features of the property include the following –
2 x 1ML dams
2ha Pinot Noir (planted 2m * 0.8m) on eco-trellis
1ha ungrafted rootstock (planted 2m * 0.8m) on eco-trellis
1ha trellis currently un-planted
Rejuvenated land with enhanced soil conditions & biodiversity
Completely Organic
Fully fenced with wallaby-proof fencing & multiple paddocks
2 x 20ft shipping containers with roof span and water tank
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Property Details for Lot 1 Wallace Rd, Cygnet

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Land

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About Cygnet 7112

The size of Cygnet is approximately 57.5 square kilometres. It has 8 parks covering nearly 18% of total area. The population of Cygnet in 2011 was 1,453 people. By 2016 the population was 1,547 showing a population growth of 6.5% in the area during that time. The predominant age group in Cygnet is 60-69 years. Households in Cygnet are primarily childless couples and are likely to be repaying $1000 - $1399 per month on mortgage repayments. In general, people in Cygnet work in a trades occupation. In 2011, 71.8% of the homes in Cygnet were owner-occupied compared with 71.1% in 2016.

Cygnet has 1,050 properties. Over the last 5 years, Houses in Cygnet have seen a 54.19% increase in median value, while Units have seen a 78.43% increase. As at 30 November 2024:

  • The median value for Houses in Cygnet is $624,878 while the median value for Units is $466,103.
  • Houses have a median rent of $483 while Units have a median rent of $375.
There are currently 32 properties listed for sale, and 1 property listed for rent in Cygnet on OnTheHouse. According to CoreLogic's data, 41 properties were sold in the past 12 months in Cygnet.

Suburb Insights for Cygnet 7112

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Chris Duggan
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Dale Stevenson
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Homelands Property | Huonville
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Whilst all reasonable effort is made to ensure the information in this publication is current, CoreLogic does not warrant the accuracy or completeness of the data and information contained in this publication and to the full extent not prohibited by law excludes all for any loss or damage arising in connection with the data and information contained in this publication.