443 Armstrongs LaneCressy TAS 7302
Property Details for 443 Armstrongs Lane, Cressy
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.
Expressions of Interest
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Property History for 443 Armstrongs Lane, Cressy, TAS 7302
- 08 Sep 2014Sold for $580,000
- 10 Jul 2012Listed for Sale PRICE BY NEGOTIATION OVER $1,800,000
- 12 May 2008Sold for $1,550,000
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0About 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 579 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.
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