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
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:
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