OFF MARKET

511 Back Line Road
Forest TAS 7330

Bedrooms: 3
Bathrooms: -
Car spaces: -
Floor area: 148m2
Land area: 192500m2
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Last updated 15 Jul 2024
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Property Details for 511 Back Line Rd, Forest

Building Type
Commercial
Year Built
1920
Floor Size
148m2
Land Size
192500m2
Local Government
Circular Head
Lot/Plan
1/147251

Last Listing description (July 2024)

Set in the middle of Circular Heads premier vegetable producing land.
This 47.5 acre holding would compliment anyone's property portfolio.
A solid 3 bedroom home with an extensive use of Tasmanian native timbers is part of the package.

Underground irrigation mains run throughout the property from an irrigation bore.
This property would suit a start up farmer, lifestyle couple or an investor, as the land could readily find a tenant farmer.
Located only minutes from the Forest township and primary school and 10 minutes to the commercial hub Smithton and the tourist village of Stanley.
It is very seldom that you have the opportunity to secure land of this calibre, in this renowned area of Circular Head.

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Property History for 511 Back Line Rd, Forest, TAS 7330

A timeline of how this property has performed in the market
Last Sold
$625,000
27 Aug 2009
Listed for Rent
$220/w
06 Apr 2013
  • 17 Jul 2024
    Listed for Sale Not Disclosed
  • 12 Apr 2024
    Listed for Rent $400 / week
  • 13 Feb 2024
    Listed for Sale Offers over $1,200,000
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About Forest 7330

The size of Forest is approximately 44.6 square kilometres. It has 4 parks covering nearly 0.2% of total area. The population of Forest in 2011 was 589 people. By 2016 the population was 474 showing a population decline of 19.5% in the area during that time. The predominant age group in Forest is 10-19 years. Households in Forest are primarily couples with children and are likely to be repaying $1000 - $1399 per month on mortgage repayments. In general, people in Forest work in a managers occupation. In 2011, 80.1% of the homes in Forest were owner-occupied compared with 80.5% in 2016.

Forest has 273 properties. Over the last 5 years, Houses in Forest have seen a 77.81% increase in median value, while Units have seen a 2.49% increase. As at 31 October 2024:

  • The median value for Houses in Forest is $491,043 while the median value for Units is $321,415.
  • Houses have a median rent of $250.
There are currently no properties listed for sale, and no properties listed for rent in Forest on OnTheHouse. According to CoreLogic's data, 13 properties were sold in the past 12 months in Forest.

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