SOLD
Sold on 31 May 2024 for $2,050,000

458 Nile Road
Evandale TAS 7212

Bedrooms: -
Bathrooms: -
Car spaces: -
Land area: 1383000m2
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Property Details for 458 Nile Rd, Evandale

Building Type
Rural
Land Size
1383000m2
Local Government
Northern Midlands
Lot/Plan
2/178214

Last Listing description (August 2024)

460A Nile Road in Northern Tasmania, consists of approximately 138.3 hectares or 341 acres of excellent soils just 5 minutes from Historic Evandale and 10 minutes from Launceston airport. Soils vary across the property and include fertile red sand, beautiful loams and some heavy black ground around a well drained marsh.
The property has a frontage to the South Esk River of approximately 800 meters, and the river is fully fenced from livestock. Well located water troughs and some excellent internal fencing and laneway system ensure ease of livestock management. Some of this ground will prove reliable during drier summer periods.
At present the pastures include clover, lucerne and a beautiful crop of Tama. Currently running maternal ewes and lambs, this farm lends itself to a variety of uses including some cropping and further development, which is evident close by in this reliable farming district. A 35ML surety 5 water licence is included in the sale.

Beautiful rural vista's of both Eastern and Western mountain ranges can be seen right across the property, with some excellent house sites evident (STCA). The farm has good access and frontage onto Nile Road. This farm presents an opportunity for a young farmer to make a start, or an established operation to add some diversity and scale.

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Property History for 458 Nile Rd, Evandale, TAS 7212

A timeline of how this property has performed in the market
Last Sold
$2,050,000
31 May 2024
  • 03 Jun 2024
    Listed for Sale Not Disclosed
  • 31 May 2024
    Sold for $2,050,000
  • 21 Dec 2018
    Sold for $850,000

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About Evandale 7212

The size of Evandale is approximately 111.3 square kilometres. It has 6 parks covering nearly 0.1% of total area. The population of Evandale in 2011 was 1,401 people. By 2016 the population was 1,355 showing a population decline of 3.3% in the area during that time. The predominant age group in Evandale is 50-59 years. Households in Evandale are primarily childless couples and are likely to be repaying $1000 - $1399 per month on mortgage repayments. In general, people in Evandale work in a professional occupation. In 2011, 78.2% of the homes in Evandale were owner-occupied compared with 78.4% in 2016.

Evandale has 706 properties. Over the last 5 years, Houses in Evandale have seen a 79.94% increase in median value, while Units have seen a 57.92% increase. As at 30 September 2024:

  • The median value for Houses in Evandale is $570,958 while the median value for Units is $422,740.
  • Houses have a median rent of $495.
There are currently 5 properties listed for sale, and no properties listed for rent in Evandale on OnTheHouse. According to CoreLogic's data, 33 properties were sold in the past 12 months in Evandale.

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