OFF MARKET

1541 Colebrook Rd
Campania TAS 7026

Bedrooms: 3
Bathrooms: 1
Car spaces: -
Land area: 746730m2
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Property Details for 1541 Colebrook Rd, Campania

1541 Colebrook Rd, Campania is a 3 bedroom, 1 bathroom House. The property has a land size of 746730m2. While the property is not currently for sale or for rent, it was last sold in April 2022.

Building Type
House
Land Size
746730m2
Local Government
Southern Midlands
Lot/Plan
4/175225

Last Listing description (February 2022)

Properties such as these rarely come to market and especially in the extremely tightly held region of the Coal River Valley in southern Tasmania, Australia.

Established in 1996 the olive plantation portion of this property was selected for its warm summers and cool temperate winters. It is the state's oldest established olive grove which has been passionately developed by the current owners over the past 25 years.

Surrounded by premium, globally recognized Tasmanian vineyards, orchards and distilleries the property covers 75ha (approx. 188 acres) of which 35ha is planted out to 17,000 well-established olive trees producing premium Tasmanian extra virgin olive oil. These trees have the potential to supply over 75,000 litres to the market annually.

The balance of the property is not only set amongst a beautiful scenic backdrop but it also possesses the potential for further olives, a vineyard, livestock grazing, or perfect for an agritourism business especially in this area. There is 35 megalitres of water available via a relatively new pump from the Coal River plus two dams with scope for further dam installation if required.

The property also features a 3 bedroom homestead that was built in 2007 and is in excellent condition with new carpet and fresh paint throughout. There is a well-appointed kitchen with open plan living plus two north-facing sun decks that display gorgeous views. Infrastructure also includes a large 156sqm machinery/storage shed, a woolshed, an old dwelling suitable for storage plus two other colorbond sheds.

A 35 minute commute to the Hobart CBD and services in nearby Campania and ever popular Richmond make this a perfect lifestyle property with the added benefit of an established award-winning business that has a proven track record of producing premium extra virgin olive oil.

This spectacular property is now available for its next fortunate owner to take care of its future development and wellbeing.

We look forward to your enquiry for further information and/or inspection.

Property History for 1541 Colebrook Rd, Campania, TAS 7026

A timeline of how this property has performed in the market
Last Sold
$2,385,000
04 Apr 2022
  • 04 Apr 2022
    Sold for $2,385,000
  • 04 Oct 2021
    Listed for Sale Expressions of interest

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About Campania 7026

The size of Campania is approximately 207.6 square kilometres. It has 8 parks covering nearly 12.5% of total area. The population of Campania in 2011 was 844 people. By 2016 the population was 944 showing a population growth of 11.8% in the area during that time. The predominant age group in Campania is 50-59 years. Households in Campania are primarily couples with children and are likely to be repaying $1000 - $1399 per month on mortgage repayments. In general, people in Campania work in a managers occupation. In 2011, 81.2% of the homes in Campania were owner-occupied compared with 79.2% in 2016.

Campania has 570 properties. Over the last 5 years, Houses in Campania have seen a 60.34% increase in median value, while Units have seen a 69.44% increase. As at 31 October 2024:

  • The median value for Houses in Campania is $589,482 while the median value for Units is $381,364.
  • Houses have a median rent of $295.
There are currently 8 properties listed for sale, and 1 property listed for rent in Campania on OnTheHouse. According to CoreLogic's data, 15 properties were sold in the past 12 months in Campania.

Suburb Insights for Campania 7026

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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.