OFF MARKET

2170 North Road
Bungaree TAS 7256

Bedrooms: -
Bathrooms: -
Car spaces: -
Land area: 3380000m2
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Property Details for 2170 North Rd, Bungaree

Building Type
Rural
Land Size
3380000m2
Local Government
King Island

Last Listing description (November 2016)

Taro comprises around 339 hectares or 837 acres of good quality grazing country, mainly grey sandy loams with some lighter country on the western lot. The property comprises 6 titles in two lots with 172.46 hectares on the eastern side of North Road and 166.5 hectares on the western side. The two lots are adjacent and comfortably managed as a unit. The land form rises to the north and north east comprising some gently rolling country with the balance mainly flat. Currently running as a breeding operation with Hereford cattle and running around 300 cow/calf equivalent. Fertilizer application has maintained the pastures in good condition, water is from dam and reticulated supply, fencing is both conventional and electric with solar charging. The eastern property has a Crown Reserve Road providing access to an internal lot which includes shedding and stock yards and the western lot has a Council road running through to access coastal properties. This provides ease of access through the property. Yards and shedding are also included with this lot. Generally this is good solid country in excellent position and ideal as a sustainable block or in addition to current holdings.
This is one of few properties currently available on the open market and is being offered as a whole at auction on the 20th August 2015.

Property History for 2170 North Rd, Bungaree, TAS 7256

A timeline of how this property has performed in the market
  • 16 Jul 2015
    Listed for Sale Not Disclosed

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About Bungaree 7256

The size of Bungaree is approximately 77 square kilometres. It has 6 parks covering nearly 8.5% of total area. The population of Bungaree in 2011 was 1,091 people. By 2016 the population was 12 showing a population decline of 98.9% in the area during that time. The predominant age group in Bungaree is 0-9 years. Households in Bungaree are primarily couples with children and are likely to be repaying $1000 - $1399 per month on mortgage repayments. In general, people in Bungaree work in a managers occupation. In 2006, 76.6% of the homes in Bungaree were owner-occupied compared with 59.1% in 2011..

Bungaree has 21 properties. Over the last 5 years, Houses in Bungaree have seen a 24.48% increase in median value. As at 30 September 2024:

  • The median value for Houses in Bungaree is $774,280.
There are currently 2 properties listed for sale, and no properties listed for rent in Bungaree on OnTheHouse. According to CoreLogic's data, 1 property were sold in the past 12 months in Bungaree.

Suburb Insights for Bungaree 7256

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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.