SOLD
Sold on 13 May 2024 for $1,110,000

55 Cherokee Drive
Cambridge TAS 7170

Bedrooms: -
Bathrooms: -
Car spaces: -
Land area: 2365m2
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Property Details for 55 Cherokee Dr, Cambridge

Building Type
Land
Land Size
2365m2
Local Government
Clarence

Last Listing description (October 2023)

Knight Frank is pleased to be able to offer lot 55 Cherokee Drive, Cambridge to the market for sale.

Located in the sought-after, newly developed industrial precinct in Cambridge, Lot 55 is situated on the fringe of the light aerodrome. It is one of only 6 lots in the entire development with potential access to the airport itself^.


The land parcel is a flat lying and rectangular in shape. It is 2,365 sqm* in total with a depth of 52m* and street frontage of 46m*, perfect for any warehouse development or those looking to capitalise on the access to the airport^ for aeronautical use.

Please contact the underlying agents for more information.

For Sale by offer.

^Subject to airport owner approval
*Approximately

Property History for 55 Cherokee Dr, Cambridge, TAS 7170

A timeline of how this property has performed in the market
Last Sold
$1,110,000
13 May 2024
  • 13 May 2024
    Sold for $1,110,000
  • 07 Jul 2023
    Listed for Sale Contact Agent
  • 10 May 2021
    Sold for $425,000

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About Cambridge 7170

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 1,287 properties. Over the last 5 years, Houses in Cambridge have seen a 45.31% increase in median value, while Units have seen a 31.95% increase. As at 30 November 2024:

  • The median value for Houses in Cambridge is $889,093 while the median value for Units is $531,571.
  • Houses have a median rent of $498.
There are currently 14 properties listed for sale, and 5 properties listed for rent in Cambridge on OnTheHouse. According to CoreLogic's data, 43 properties were sold in the past 12 months in Cambridge.

Suburb Insights for Cambridge 7170

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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.