5000 Poatina RoadCressy TAS 7302
Property Details for 5000 Poatina Rd, Cressy
Last Listing description (March 2014)
Historic Billopp, Cropping and Livestock Property
Billopp is a large, historic, rural property held in 4 separate titles that has been in single family ownership for the past 178 years. The property is located in a reliable area to the south of Cressy and reaches into the foothills of the Great Western Tiers of Northern Tasmania. Billopp is approximately 40 minutes drive from the Launceston Airport and comprises a combination of productive irrigable flats, rising intermediate slopes and hill country runs.
The historic homestead has been developed in stages over a long period commencing in 1835 and is sited on an elevated bank amidst a well established and maintained garden. Access is through an attractive 25ha parkland featuring Oaks, Elms, Conifers and Cedars interspersed with native species including Eualyptus and Blackwoods.
Current management centres on high production from a balance of livestock and cropping operations and redevelopment of the established farmed areas, particularly improving utilisation and potential of a substantial natural water resource. Such development is far from complete and the potential is readily identifiable.
Billopp has special significance through being owned, occupied, maintained and worked as a pastoral enterprise continuously by the Lawrence family from 1835. The house is now occupied by the sixth generation.
The current offering of Billopp constitutes a rare opportunity to purchase one of Tasmanias most historic properties that has been farmed with long-term sustainability objectives and has the potential for on-going development and increased production.
Property History for 5000 Poatina Rd, Cressy, TAS 7302
- 19 Nov 2013Listed for Sale EXPRESSIONS OF INTEREST CLOSE 17TH JANUARY 2014
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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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