Harcourts Hobart are proud to release to you 1 Fallow Drive, Cambridge, a beautiful acreage site where you can settle down and build the dream home and create the dream lifestyle, all within 15 minutes of Hobart's CBD.
This lot offers a mixture of cleared pasture and bush whilst the position is elevated with picturesque rural and bush surrounds in a quiet cul-de-sac location.
The lot offers a minimum of 5 acres or 2 hectares and is zoned rural living for a single dwelling only.
Power and NBN is connected, but there is no water or sewerage connection.
The title has been released and ready to go.
Conveniently situated a short drive to Hobarts Airport, Cambridge Park and Eastland's Shopping Centre where you can find a plethora of shops, cafes and common services. The first stage release comprises four lots as indicated on the aerial plan above.
Be sure to register your interest or book an inspection with Rob Henry, we do not expect this lot will last long on the market.
The size of Cambridge is approximately 50.1 square kilometres. It has 9 parks covering nearly 15.9% of total area. The population of Cambridge in 2011 was 747 people. By 2016 the population was 1,124 showing a population growth of 50.5% in the area during that time. The predominant age group in Cambridge is 50-59 years. Households in Cambridge are primarily couples with children and are likely to be repaying $1800 - $2399 per month on mortgage repayments. In general, people in Cambridge work in a professional occupation. In 2011, 84.1% of the homes in Cambridge were owner-occupied compared with 85.5% in 2016.
Cambridge has 1,289 properties. Over the last 5 years, Houses in Cambridge have seen a 45.46% increase in median value, while Units have seen a 72.30% increase. As at 31 October 2024:
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