OFF MARKET

443 Armstrongs Lane
Cressy TAS 7302

Bedrooms: -
Bathrooms: 3
Car spaces: -
Floor area: 123m2
Land area: 782900m2
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Property Details for 443 Armstrongs Lane, Cressy

Building Type
Rural
Floor Size
123m2
Land Size
782900m2
Local Government
Northern Midlands
Lot/Plan
2/169013

Last Listing description (July 2014)

Lorannah Farm - Approx. 176 hectares (436 acres)
Ideal property suitable for further development, currently has 52 ha under two pivots with potential for more. Serviced by Cressy/Longford irrigation scheme (80ML) plus application for a dam is in process.
Property has a wonderful aspect laying to the East & North, ideal for cash crops???has been extensively developed and fertilized in recent years.

Good access, two road frontages, great home-site (two titles)
Expressions of Interest
Check out all our properties at www .tasmanianruralproperty.com.au

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Property History for 443 Armstrongs Lane, Cressy, TAS 7302

A timeline of how this property has performed in the market
Last Sold
$580,000
08 Sep 2014
  • 08 Sep 2014
    Sold for $580,000
  • 10 Jul 2012
    Listed for Sale PRICE BY NEGOTIATION OVER $1,800,000
  • 12 May 2008
    Sold for $1,550,000
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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 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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