763 Back Line RoadForest TAS 7330
Property Details for 763 Back Line Rd, Forest
Last Listing description (October 2016)
If you are looking for the ultimate coastal rural lifestyle property, here it is!
This coastal farm consist of 20.5 hectares(50 .65 acres) of rich and fertile red basalt soils in the renowned vegetable growing and dairy farming district of Forest in North Western Tasmania.
The circa 1884 homestead has been lovingly restored by the current meticulous owners. It consists of three bedrooms, modern country kitchen, large lounge room with wood fire, office, sunroom, heat pump and more. Washing the dishes will never be a chore again with the spectacular view from the kitchen sink. And for privacy No rear or front neighbours and perched atop of a hill with 360 degrees views of the surrounding areas, Ocean and the famous Stanley 'Nut'.
Additional infrastructure includes cattle handling yards, live-stock crush and loading ramp. The undulating paddocks are fenced into nine paddocks for stock rotation with water troughs and electric fencing, gates and central laneways.
Nestled in a highly sought after area of Forest, this property receives a reliable 40 inches plus of annual rainfall in addition to a continuous bore, well and over 20,000 gallons of rainwater storage. The bore water is clear enough to drink and there is a seasonal dam.
The current owners generates an annual income from aggistiment of beef cattle (approx. 100 head) and the annual sale of large round silage bales (approx. 300 yield). The property has a good annual fertilisation history. Good gravel all vehicle access driveways to the homestead and cattle yards make access all weather for heavy vehicles and cars alike.
Located one kilometre from the Post office - general store, 10 minute drive to beaches and fishing spots and a picturesque 10 minute drive to the commercial hub of Smithton. The current owners are retiring from the property. This property represents a great opportunity for a starter farm for someone starting out in the industry or an ideal farm to down-size to from a larger property.
Property History for 763 Back Line Rd, Forest, TAS 7330
- 05 May 2014Listed for Sale Not Disclosed
- 28 May 2012Listed for Sale $560,000
- 10 Apr 2011Listed for Sale $750,000 NEGOTIABLE
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See more recent sales nearbyAbout 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 91.06% increase in median value, while Units have seen a 2.49% increase. As at 30 September 2024:
- The median value for Houses in Forest is $431,560 while the median value for Units is $334,305.
- Houses have a median rent of $250.
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