SOLD
Sold on 13 Dec 2023 for $875,000

7 Reason Way
Binalong Bay TAS 7216

Bedrooms: 4
Bathrooms: 2
Car spaces: 2
Floor area: 154m2
Land area: 1191m2
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Property Details for 7 Reason Way, Binalong Bay

7 Reason Way, Binalong Bay is a 4 bedroom, 2 bathroom House with 2 parking spaces and was built in 2023. The property has a land size of 1191m2 and floor size of 154m2. While the property is not currently for sale or for rent, it was last sold in December 2023. There are other 4 bedroom House sold in Binalong Bay in the last 12 months.

Building Type
House
Year Built
2023
Floor Size
154m2
Land Size
1191m2
Local Government
Break O'Day
Lot/Plan
1/131516

Last Listing description (August 2024)

This outstanding hidden treasure brings a variety of opportunities. Located at the edge of Grants Lagoon, adjacent to Binalong Bay with all its natural beauty, the property on offer also boasts direct access to some of the most pristine beaches and waterways in Tasmania. The beauty of Binalong Bay creates a fabulous natural context for the evident character and quality of this bright, inviting residence with a great capacity to perform as family holiday escape or to fulfill a role as a permanent home in a brilliant location. Whichever purpose is your preference, the spaces and the setting promise success!

As you enter this architecturally designed abode you are greeted by a spacious open plan living, dining, kitchen area, with an amazing butlers pantry. Both the living and dining area have wide sliding doors that open directly to the timber deck which creates a fabulous al fresco outdoor living area with lagoon views. Heating is provided by a cosy wood heater thermostatically controlled and ducted throughout, perfect for those cooler winter days. Also offering four-bedrooms all with built-ins, main boasting a magnificent ensuite, combined with a 5-star main bathroom, a separate laundry having private access through the perfect vast double garage. This is a contemporary modern style home design that is both family friendly and provides private living spaces where no detail has been overlooked.

Positioned for a life of peace and privacy, this fully fenced property has dual vehicle access, with main having secure remote sliding gate entrance, and ample additional off-street parking.

Other Features:
* Bordering Grants Lagoon & walk to the shore.
* Stunning design, positioned to capture views of Lagoon.
* Double glazing, 9-star energy rating, gas hot water.
* Open plan living room highlighted by Tas Oak flooring
* Quality kitchen features Caesar stone benchtops, gas stove, quality appliances
* Outdoor alfresco area off the dining with views and outdoor BBQ area
* Main suite is a show stopper
* Quality detail and fixtures throughout
* SilverTop Ash cladding and decking.
* Extensive water storage 50,000 litres.
* Stones throw from mountain bike tracks, quality restaurants and vineyards of the East Coast

Property Information:
Municipality: Break O'Day
Zoning: Low Density Residential
Land Size: 1191m2
Building Size: 235m2

Binalong Bay is the gateway to the world-famous Bay of Fires and is two hours from Launceston or three and a half hours from Hobart. Famous for its crystal-clear water and pure white sand, the beaches are great for swimming, fishing and all kinds of water sport. Binalong Bay offers a popular restaurant and many outdoor living options. The closest major town is St Helens which is ten minutes east. St Helens is complimented by a new hospital, dentist, vet, district school, government agencies, fishing port, mountain bike network, thriving dining and retail scene.

Disclaimer: View Real Estate has no reason to doubt the accuracy of the information in this document which has been sourced from means which are considered reliable, however, we cannot guarantee accuracy. Prospective purchasers are advised to carry out their own investigations

Property History for 7 Reason Way, Binalong Bay, TAS 7216

A timeline of how this property has performed in the market
Last Sold
$875,000
13 Dec 2023
  • 13 Dec 2023
    Sold for $875,000
  • 15 Aug 2023
    Listed for Sale Offers Over $925,000
  • 22 Aug 2020
    Sold for $272,500
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About Binalong Bay 7216

The size of Binalong Bay is approximately 45.1 square kilometres. It has 3 parks covering nearly 88.2% of total area. The population of Binalong Bay in 2011 was 209 people. By 2016 the population was 288 showing a population growth of 37.8% in the area during that time. The predominant age group in Binalong Bay is 60-69 years. Households in Binalong Bay are primarily childless couples and are likely to be repaying $1400 - $1799 per month on mortgage repayments. In general, people in Binalong Bay work in a professional occupation. In 2011, 81.4% of the homes in Binalong Bay were owner-occupied compared with 77.1% in 2016.

Binalong Bay has 553 properties. Over the last 5 years, Houses in Binalong Bay have seen a 95.23% increase in median value, while Units have seen a 80.67% increase. As at 31 August 2024:

  • The median value for Houses in Binalong Bay is $534,081 while the median value for Units is $461,428.
  • Houses have a median rent of $435.
There are currently 5 properties listed for sale, and 2 properties listed for rent in Binalong bay on OnTheHouse. According to CoreLogic's data, 12 properties were sold in the past 12 months in Binalong bay.

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Disclaimer
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.