OFF MARKET

5507 Poatina Road
Cressy TAS 7302

Bedrooms: 5
Bathrooms: 2
Car spaces: 4
Floor area: 269m2
Land area: 78450m2
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Property Details for 5507 Poatina Rd, Cressy

Building Type
Land
Year Built
1880
Floor Size
269m2
Land Size
78450m2
Local Government
Northern Midlands
Lot/Plan
3/110103

Last Listing description (October 2019)

It is a rare day that a property of this calibre and interest hits the market.
Consider:
•A highly attractive three/four-bedroom 1880 executive residence, newly restored using some the finest fittings, fixtures, and fabrics available,

•A light-filled master bedroom with spacious walk-in robe, window seat, and with an ensuite reaching the finals in the Australian Design Awards,
•A spectacular, spacious kitchen with high-end appliances, including the centerpiece seven-ring Smeg gas range, pantry, and an attractive glass-enclosed wall-length book cabinet,
•Presented to a delightful standard, a separate Airbnb nestled amongst ornamental gardens with its own parking area,
•Almost eight hectares of land, comprising beautiful exotic gardens with magnificent northern hemisphere trees, vegetable gardens, soft fruit enclosures, a mixed fruit orchard, and lovely old stables with wood store,
•A 300-tree productive, irrigated truffiere with established insatiable market outlets, consisting of mixed oak species, and with its own machinery bay and hothouse,
•Five fenced, approximately one hectare, paddocks for animal grazing options.
All of this, and considerably more, this one-off, stunning property with its beautiful mountain backdrop and with a growing income stream, is conveniently located within easy striking distance to Launceston and a mere 25 minutes to Launceston Airport.
Roberts Real Estate have obtained all information in this document from sources considered to be reliable; however, we cannot guarantee its accuracy.
Prospective purchasers are advised to carry out their own investigations. All measurements are approximate.

Property History for 5507 Poatina Rd, Cressy, TAS 7302

A timeline of how this property has performed in the market
Last Sold
$1,250,000
07 Oct 2019
  • 07 Oct 2019
    Sold for $1,250,000
  • 21 Aug 2019
    Listed for Sale Offers over $1.1million
  • 06 Jul 2015
    Sold for $765,000
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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 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.
There are currently 5 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.