OFF MARKET

358 Elphinstone Road
Cressy TAS 7302

Bedrooms: 3
Bathrooms: 1
Car spaces: 2
Floor area: 149m2
Land area: 431900m2
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Property Details for 358 Elphinstone Rd, Cressy

Building Type
Rural
Year Built
1962
Floor Size
149m2
Land Size
431900m2
Local Government
Northern Midlands
Lot/Plan
1/116658

Last Listing description (July 2020)

"Ashleigh" at Cressy in Northern Tasmania comprises approximately 106 acres of highly sought after cropping soil. This farm has been very lightly cropped, currently laid down to improved pastures with a good fertiliser history. All fences are stock proof and suitable for cattle and sheep. Currently the farm is running 30 cows and calves, with 13 replacement heifers. The property enjoys a 64ML water right from the Cressy/Longford Scheme and is further supported with a spring fed dam, which is centrally located. The dam can also be filled from the channel.The homestead was built in the 1960's and is a solid double brick and tile construction, with Tassie Oak hardwood floors throughout and is situated in an established garden with mature trees and hedges. Positioned on the front corner of the property, the house and garden do not hinder the future irrigation potential of this property. The outbuildings are in good condition and consist of a 2 stand shearing shed with an attached 3 bay machinery shed, a 4 bay workshop with cement flooring and mezzanine storage, a 4 bay hay shed (that holds 200 round bales stacked 3 high), a 12 tonne silo and 4 railway carriage construction with lean-to suitable for storage of grain etc."Ashleigh" is located in a strong farming district only 5 minutes to Cressy, 35 minutes to Launceston's CBD and 25 minutes to the Launceston Airport.

Property History for 358 Elphinstone Rd, Cressy, TAS 7302

A timeline of how this property has performed in the market
Last Sold
$1,350,000
26 Jun 2020
Listed for Rent
$300/w
22 Feb 2014
  • 26 Jun 2020
    Sold for $1,350,000
  • 08 May 2020
    Listed for Sale Expressions of Interest by 25th June 2020
  • 04 Feb 2014
    Listed for Rent $300 / week
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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 577 properties. Over the last 5 years, Houses in Cressy have seen a 74.44% increase in median value. As at 30 September 2024:

  • The median value for Houses in Cressy is $388,096 while the median value for Units is $406,055.
  • Houses have a median rent of $420.
There are currently 4 properties listed for sale, and no properties listed for rent in Cressy on OnTheHouse. According to CoreLogic's data, 26 properties were sold in the past 12 months in Cressy.

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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.