OFF MARKET

1 Main Street
Cressy TAS 7302

Bedrooms: 3
Bathrooms: 1
Car spaces: -
Floor area: 86m2
Land area: 840m2
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Last updated 16 Sep 2024
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Property Details for 1 Main St, Cressy

1 Main St, Cressy is a 3 bedroom, 1 bathroom House and was built in 1959. The property has a land size of 840m2 and floor size of 86m2. While the property is not currently for sale or for rent, it was last sold in March 2018.

Building Type
House
Year Built
1959
Floor Size
86m2
Land Size
840m2
Local Government
Northern Midlands
Lot/Plan
16/141000

Last Listing description (April 2018)

This one will not last long as the town is becoming increasingly popular for investors and home owners seeking affordable living. It needs a little bit of TLC to make it to suit your needs but will become a solid investment in return.

- 842m2 block, house approx. 9 squares and built in 1959 (approx.)
- 3 bedrooms, timber floors & rural views

- laundry separate, bathroom with bath & vanity - separate toilet
- front & rear decks, the rear being under cover
- Aluminium windows and cladded finish
- plenty of space for sheds if needed
- Wood heater (needs work) and heaptpump
- Nice north facing kitchen & living area looking out to farm space
- On school bus route to Longford or an easy bike ride for kids to school

Rates: Approx. $1100 p/a
Rent Potential: approx. $240 + p/w
Distance to Launceston: 37klm (34min drive time)

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Property History for 1 Main St, Cressy, TAS 7302

A timeline of how this property has performed in the market
Last Sold
$160,000
05 Mar 2018
  • 14 Mar 2018
    Listed for Sale $149,000 - $169,000
  • 05 Mar 2018
    Sold for $160,000
  • 11 May 2004
    Sold for $45,000

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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 74.90% increase in median value. As at 31 August 2024:

  • The median value for Houses in Cressy is $401,141 while the median value for Units is $337,731.
  • Houses have a median rent of $420.
There are currently 3 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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