OFF MARKET

48 Main Street
Cressy TAS 7302

Bedrooms: 2
Bathrooms: 1
Car spaces: 1
Floor area: 120m2
Land area: 1002m2
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Property Details for 48 Main St, Cressy

48 Main St, Cressy is a 2 bedroom, 1 bathroom House with 1 parking spaces and was built in 1953. The property has a land size of 1002m2 and floor size of 120m2. While the property is not currently for sale or for rent, it was last sold in September 2021.

Building Type
House
Year Built
1953
Floor Size
120m2
Land Size
1002m2
Local Government
Northern Midlands
Lot/Plan
1/19267

Last Listing description (November 2017)

What a ripper this one is! Currently used as a residential home, it has the ability to either subdivide (STCA) a good 'splitter' if you want to build a home at the back or work from home and turn the front section into a shop or business.
ZONING:
- Within the Local Business Zone with various permitted uses

- (20.2 Use Table available upon request or discuss with Northern Midlands Council)
- Recently painted in crisp white, attractive front facade for business
- Built in 1953 and sits on 1002m2 block in the main street
- 2 bedrooms (no built-ins but room for them)
- Main bedroom has a separate room off it that would be a fabulous walk-in robe
or, as the owner suggests, create an ensuite (STCA) and robe
- Wood heater and electric Pureheat heater in living room, ceiling rose
- Large kitchen/combined dining room
- Front shop area is spacious and could be either further living, rumpus etc
- Weatherboard constructions with iron roof
- Carport at rear, single garage with roll-a-door and storage shed
- Outside toilet off shed is plumbed and working order
- Separate front door access to the home if the shop is utilised, plus rear door
- Insulated with ceiling batts, electrical safety switch updated and smoke alarms
Walk to Cressy High School or catch a bus (two doors up) to city schools. Cressy is the 'gateway' to the Great Lakes and fishing Mecca. It's a peaceful yet rich farming community that is becoming increasingly popular with investors, including locals investing in their own back yard.
RATES: $800.00 approx. p/a
WATER: $200 p/a
RENTAL POTENTIAL: $220p/w

Property History for 48 Main St, Cressy, TAS 7302

A timeline of how this property has performed in the market
Last Sold
$285,000
13 Sep 2021
Listed for Rent
$200/w
28 Aug 2010
  • 13 Sep 2021
    Sold for $285,000
  • 06 Sep 2017
    Sold for $157,000
  • 24 May 2017
    Listed for Sale $159,000 negotiable
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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.

Suburb Insights for Cressy 7302

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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.