OFF MARKET

790 Cressy Road
Cressy TAS 7302

Bedrooms: 3
Bathrooms: 1
Car spaces: 1
Floor area: 117m2
Land area: 315400m2
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Property Details for 790 Cressy Rd, Cressy

Building Type
Rural
Year Built
1962
Floor Size
117m2
Land Size
315400m2
Local Government
Northern Midlands
Lot/Plan
1/166527

Last Listing description (February 2016)

SITUATED HALF WAY BETWEEN LONGFORD AND CRESSY ALONG THE CRESSY MAIN ROAD, THIS 80 ACRES (31.45 HA) PROPERTY HAS BEEN USED AS A LUCERNE CROPPING BUSINESS. THIS PROPERTY HAS A COMFORTABLE THREE-BEDROOM BRICK HOME WITH A SINGLE CAR GARAGE AND THREE-BAY MACHINERY SHED (16M X 24M). THE PROPERTY HAS AN ATTACHED VALLEY FOUR SPAN IRRIGATOR (12MM NOZZLES) AND DAVEY ELECTRIC PUMP HAS A 32 MEGA LITRE WATER ENTITLEMENTS FROM THE CRESSY/LONGFORD IRRIGATION SCHEME. THE PROPERTY IS WELL FENCED WITH ACCESS FROM CRESSY ROAD AND NEIGHBOURING FREELAND'S LANE WITH A NEWLY FORMED DRIVEWAY AREA. THE LUCERNE BALES HAVE BEEN RAKED AND BALED FOR THE FIRST TIME THIS SEASON AND WILL BE BALED ANOTHER THREE TIMES THIS SEASON. THIS PROPERTY IS ONLY 20 MINUTES' DRIVE FROM LAUNCESTON AND 5 MINUTES FROM LONGFORD AND CRESSY, IF YOU ARE LOOKING FOR A LIFESTYLE CHANGE INTO AN ESTABLISHED AGRICULTURE BUSINESS OR LOOKING TO EXPAND YOUR CURRENT HOLDING CAPACITY, THIS PROPERTY IS FOR YOU. FEATURES INCLUDE: INTERNAL LAUNDRY, FLOORBOARDS, FULLY FENCED

Property History for 790 Cressy Rd, Cressy, TAS 7302

A timeline of how this property has performed in the market
Last Sold
$1,450,800
01 Jul 2021
Listed for Rent
02 Oct 2015
  • 01 Jul 2021
    Sold for $1,450,800
  • 03 Nov 2015
    Listed for Sale Not Disclosed
  • 15 May 2015
    Listed for Rent $250 / week
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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.

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.