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Sold on 16 Aug 2024 - Price Unavailable

785 Elphinstone Road
Cressy TAS 7302

Bedrooms: 4
Bathrooms: 2
Car spaces: 16
Land area: 76.06ha
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Property Details for 785 Elphinstone Rd, Cressy

Building Type
Rural
Land Size
76.06ha
Local Government
Northern Midlands
Lot/Plan
1/16972

Last Listing description (August 2024)

76 hectares or approx. 188 acres of perfectly presented grazing land with potential for cropping or intensive agriculture.
The home is well presented and offer’s four bedrooms, two bathrooms, separate lounge, kitchen and family room and a large rumpus room.
Apart from the large carport attached to the house, the property is well supplied with several large sheds, including workshop, machinery shed, vehicle storage and a number of usable smaller sheds.

There is a good set of steel stockyards with loading ramp with all-weather access.
The property is north facing, divided into 12 well fenced paddocks all with water supplied from either on-site dams or via troughs with water being pumped from a larger dam in the southeast of the property.
With Murphy’s Creek running inside the western boundary and providing a strong winter flow, there is the potential to build a sizeable dam to possible use for irrigation.
The property is currently running breeding ewes and fattening lambs but lends itself to numerous possibilities, definitely a property worthy of your consideration!

For sale by expressions of interest, closing 5pm, 16/7/2024

Howell Property Group has no reason to doubt the accuracy of the information in this document which has been sourced from means which are considered reliable, however we cannot guarantee its validity. Prospective clients are advised to carry out their own investigations.

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Property History for 785 Elphinstone Rd, Cressy, TAS 7302

A timeline of how this property has performed in the market
Last Sold
16 Aug 2024
  • 16 Aug 2024
    Sold
  • 14 Jun 2024
    Listed for Sale Expressions Of Interest
  • 28 Sep 1994
    Sold for $200,000

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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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