FOR SALE
$320,000

Lot 18 Magus Terrace
Old Beach TAS 7017

Bedrooms: -
Bathrooms: -
Car spaces: -
Land area: 0.0792ha
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Exciting, Limited Land Release In Old Beach

If you are looking for a picturesque location to build your dream home (STCA), this might just be the perfect opportunity for you. With 7 fully serviced blocks of land available, ranging from approx. 539m2 to 792m2 there are plenty of options.
The blocks of land are located just a short drive from local shops, parks and other local amenities. Along with being so conveniently located the blocks are all zoned residential, which means you have the freedom to design and build the home of your dreams (STCA).
The lots are near level and a few of them have an existing new fence line at their back boundary. With water and mountain views to admire these parcels of land are sure to be popular.
Estimated availability of titles will be October 2023. For plans and more info please contact us today.

Property Details for Lot 18 Magus Terrace, Old Beach

Building Type
Land
Land Size
0.0792ha

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About Old Beach 7017

The size of Old Beach is approximately 23.5 square kilometres. It has 5 parks covering nearly 3% of total area. The population of Old Beach in 2011 was 3,169 people. By 2016 the population was 3,775 showing a population growth of 19.1% in the area during that time. The predominant age group in Old Beach is 50-59 years. Households in Old Beach are primarily couples with children and are likely to be repaying $1400 - $1799 per month on mortgage repayments. In general, people in Old Beach work in a clerical occupation. In 2011, 86.6% of the homes in Old Beach were owner-occupied compared with 84.1% in 2016.

Old Beach has 2,114 properties. Over the last 5 years, Houses in Old Beach have seen a 37.18% increase in median value, while Units have seen a 48.08% increase. As at 31 August 2024:

  • The median value for Houses in Old Beach is $637,402 while the median value for Units is $453,117.
  • Houses have a median rent of $570 while Units have a median rent of $495.
There are currently 19 properties listed for sale, and 1 property listed for rent in Old beach on OnTheHouse. According to CoreLogic's data, 100 properties were sold in the past 12 months in Old beach.

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Jeff Hamilton
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Michael Kingston
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LJ Hooker Pinnacle Property
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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.