FOR SALE
Expressions of Interest - Closing 22/11/24

164 Cascade Road
Romaine TAS 7320

Bedrooms: -
Bathrooms: -
Car spaces: -
Land area: 9963m2
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Hampton style design, yours to complete?

Cascade Road is the pinnacle of a country lifestyle yet all the convenience of inner city living.
Literally on the fringe of Burnie and like any other suburb for commute time, this amazing lot and the subdivision land release was hot property in early 2020, the blocks selling straight off the plan with very strong local interest.
Fast forward to 2024, most neighbouring blocks have been developed and with significant market growth in the interim and availability in short supply, we can see strong local demand and interest in this immediate location.
The current construction stage has ground floor framing in readiness for progress of upper level and the (77m2) 11mx7m standalone garage framed and ready to complete.
A well-designed contemporary Hampton style unveiling 2 generous living areas, best described as an open and flowing kitchen, dining with a centrepiece wood-heater on the plan, bordering the downstairs sitting and living space.
4 bedrooms with the choice of a main bedroom on the ground floor or first level, both identical in floor area and both with ensuites, the other, guest accommodation, or well catered for extended family.
Bedroom 2,3 & 4, a sun-filled family space and a luxurious large bathroom on the upper level, the epitome of large family easy living that creates spaces for each family member to enjoy.
The conservatory on the north-west corner of the home, handpicked river pebbles a feature of the polished concrete, warmth radiating throughout the day, glistening waters framed from the undulating grounds in the distance, a backdrop to enjoy.
Adjoining double garage with internal access when the weather is unfavourable helps cater for the car accommodation.
Set on a beautifully fenced 9963m2 (2.5 acres approx) providing near level external grounds around the home for landscaping and future enjoyment.
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Property Details for 164 Cascade Rd, Romaine

Building Type
Land
Land Size
9963m2

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About Romaine 7320

The size of Romaine is approximately 7.5 square kilometres. It has 5 parks covering nearly 20.8% of total area. The population of Romaine in 2011 was 1,739 people. By 2016 the population was 1,729 showing a population decline of 0.6% in the area during that time. The predominant age group in Romaine is 40-49 years. Households in Romaine are primarily childless couples and are likely to be repaying $1000 - $1399 per month on mortgage repayments. In general, people in Romaine work in a trades occupation. In 2011, 77% of the homes in Romaine were owner-occupied compared with 77% in 2016.

Romaine has 859 properties. Over the last 5 years, Houses in Romaine have seen a 64.98% increase in median value, while Units have seen a 85.54% increase. As at 31 October 2024:

  • The median value for Houses in Romaine is $442,340 while the median value for Units is $352,130.
  • Houses have a median rent of $433 while Units have a median rent of $350.
There are currently 9 properties listed for sale, and no properties listed for rent in Romaine on OnTheHouse. According to CoreLogic's data, 20 properties were sold in the past 12 months in Romaine.

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Jenna & Andrew Miles
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JENREW REAL ESTATE PTY LTD
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