799 Cressy Rd, Cressy is a 3 bedroom, 1 bathroom House with 2 parking spaces and was built in 1980. The property has a land size of 1136000m2 and floor size of 117m2.
CROPPING, GRAZING - PRIME LOCATION
'MELTON RISES' IS LOCATED IN THE HEART OF THE CRESSY IRRIGATION DISTRICT AND HAS A PROVEN HISTORY OF HIGH YIELDING CROPS. POPPIES, POTATOES, ONIONS, GRASS SEED, PEAS AND ALL CEREAL CROPS HAVE BEEN GROWN OVER THE LAST 8 YEARS. THE PROPERTY LENDS ITSELF TO A MIXED ENTERPRISE WITH PRIME LAMB, BEEF AND CASH CROPS. WITH 40 M.L. OF WATER ATTACHED TO THE PROPERTY (MORE BY NEGOTIATION)AND ADEQUATE FARM INFRASTRUCTUE (INC. GOOD GALVANISED IRON 2 STAND SHEARING SHED) STOCK YARDS AND LARGE MACHINERY SHED PLUS A BRICK FARM COTTAGE AND ORIGINAL FEDERATION FARM HOUSE (UNRESTORED CONDITION) THE PROPERTY IS NOT BURDENED WITH INBALANCED CAPITAL IMPROVEMENTS. GOOD SOIL TYPES RANGING FROM RED/BROWN LOAMS TO HEAVY BLACK ALLUVIAL SOILS ON THE LOWER SIDE OF THE ROAD. PASTURES VARY DEPENDING ON THE PHASE THE INDIVIDUAL PADDOCKS ARE IN RELATIVE TO THE CROPPING PROGRAM. STOCK WATER IS PUMPED TO TROUGHS FROM DAM STORAGE AND THERE IS EXCELLENT POTENTIAL FOR IMPROVED DAMS FOR ON-FARM WATER STORAGE AND UTILISING OFF SEASON WATER OUT-TAKE. LOCATION ALLOWS A LOT OF FLEXIBILITY FOR A CONVENIENT LIFESTYLE (25 MINUTES TO LAUNCESTON) AND 5 MINUTES TO MAJOR RURAL SERVICE TOWNSHIP (LONGFORD. ALSO WOULD BE ATTRACTIVE FOR HORSE BREEDERS AS LONGFORD HAS EXCELLENT THOROUGH BRED TRAINING FACILITIES AND EQUINE SUPPORT SERVICES.
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 88.29% increase in median value. As at 31 December 2024:
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