OFF MARKET

1 Archer Street
Cressy TAS 7302

Bedrooms: 4
Bathrooms: 2
Car spaces: -
Floor area: 195m2
Land area: 3909m2
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Property Details for 1 Archer St, Cressy

1 Archer St, Cressy is a 4 bedroom, 2 bathroom House and was built in 1935. The property has a land size of 3909m2 and floor size of 195m2. While the property is not currently for sale or for rent, it was last sold in September 2015.

Building Type
House
Year Built
1935
Floor Size
195m2
Land Size
3909m2
Local Government
Northern Midlands
Lot/Plan
10/54894

Last Listing description (January 2024)

Welcome to an extraordinary investment opportunity in the picturesque town of Cressy We are thrilled to present not one but two exceptional land lots to the discerning buyer and developer.

Nestled in the heart of Cressy, these two beautiful land parcels hold immense potential for development. Both lots conveniently have access to essential services, assisting a seamless development process. The best part? These blocks are flat, saving you valuable time and effort in site preparation.

Unlocking the true potential of this remarkable location, your vision and expertise can transform these lots into a stunning community of modern units that will undoubtedly elevate the capital value exponentially. STCA of course.

Imagine crafting a harmonious blend of sophisticated design and practicality, offering future residents a truly idyllic living experience. With your keen eye for detail and creativity, you can shape the landscape and create an enchanting environment that complements the surrounding natural beauty.

The strategic location of these land lots allows for easy access to local amenities, schools, and recreational facilities, ensuring that potential buyers will be drawn to the convenience and lifestyle on offer. Additionally, the thriving community spirit of Cressy fosters a sense of belonging that will resonate with homeowners and tenants alike.

Seize this moment to be a part of Cressy's transformative journey and leave a lasting legacy through your innovative development. Don't miss out on this chance to make a significant impact on the town's landscape while reaping substantial rewards in return.

Take the first step towards an exciting venture, and let these two land lots in lovely Cressy become the canvas for your inspired vision. Reach out to us now to explore the endless possibilities that await you in this captivating market!

* Please note that application for the subdivision has been lodged with the
council and is subject to the subdivision and title being issued.
* Boundaries and land size are approximate.

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Property History for 1 Archer St, Cressy, TAS 7302

A timeline of how this property has performed in the market
Last Sold
$300,000
13 Sep 2015
Listed for Rent
$450/w
24 Jun 2021
  • 04 Aug 2023
    Listed for Sale Best Offer Over $195,000 per lot.
  • 28 May 2021
    Listed for Rent - Price not available
  • 13 Sep 2015
    Sold for $300,000
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About Cressy 7302

The size of Cressy is approximately 585.1 square kilometres. It has 5 parks covering nearly 9.1% of total area. The population of Cressy in 2011 was 1,403 people. By 2016 the population was 1,131 showing a population decline of 19.4% in the area during that time. The predominant age group in Cressy is 0-9 years. Households in Cressy are primarily childless couples and are likely to be repaying $1000 - $1399 per month on mortgage repayments. In general, people in Cressy work in a managers occupation. In 2011, 68.1% of the homes in Cressy were owner-occupied compared with 66% in 2016.

Cressy has 578 properties. Over the last 5 years, Houses in Cressy have seen a 82.16% increase in median value. As at 31 October 2024:

  • The median value for Houses in Cressy is $409,127 while the median value for Units is $397,826.
  • Houses have a median rent of $420.
There are currently 5 properties listed for sale, and no properties listed for rent in Cressy on OnTheHouse. According to CoreLogic's data, 25 properties were sold in the past 12 months in Cressy.

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