OFF MARKET

918 Cressy Road
Cressy TAS 7302

Bedrooms: 5
Bathrooms: 2
Car spaces: -
Floor area: 223m2
Land area: 2105900m2
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Property Details for 918 Cressy Rd, Cressy

Building Type
Rural
Year Built
1960
Floor Size
223m2
Land Size
2105900m2
Local Government
Northern Midlands
Lot/Plan
3/109192

Last Listing description (March 2018)

'Kinburn is one of the best developed irrigated cropping properties in the Longford/Cressy district. Comprising approximately 210.59 ha (520ac) in two titles, 'Kinburn' enjoys a fantastic location only 5 minutes from the townships of Longford and Cressy, and 20 minutes from the City of Launceston.
The property is well irrigated, with six pivot circles plus solid set covering the majority of the property. Laneways are present throughout. 'Kinburn' includes the largest Water Right of the Cressy/Longford Irrigation Scheme of approximately 900ML. Previously, crops such as potatoes, poppies, carrots, beetroot, cereals, onions and broccoli have been grown.
Fixed improvements include a five bedroom, two bathroom brick homestead set amid established gardens, plus a three bedroom cottage that has been used for staff accommodation, 5 bay machinery shed, substantial storage shed with loading bay.

** To view the property from a birds eye perspective, click on the FARM MAP tab or interactive tour icon and zoom in and out and around the property from the sky. **

Property History for 918 Cressy Rd, Cressy, TAS 7302

A timeline of how this property has performed in the market
Last Sold
$3,020,000
26 Mar 2018
  • 26 Mar 2018
    Sold for $3,020,000
  • 06 Mar 2018
    Listed for Sale $4,200,000
  • 21 Jan 2016
    Listed for Sale $4,500,000

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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 578 properties. Over the last 5 years, Houses in Cressy have seen a 74.90% increase in median value. As at 31 August 2024:

  • The median value for Houses in Cressy is $401,141 while the median value for Units is $337,731.
  • Houses have a median rent of $420.
There are currently 3 properties listed for sale, and no properties listed for rent in Cressy on OnTheHouse. According to CoreLogic's data, 25 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.