Now at $15,000 per block
In two adjoining titles, here is an opportunity to purchase one or two quality residential blocks in Grassy. The blocks are on the corner of two streets with a rural outlook to the east and north allowing residential development with a sunny northerly aspect.. All town services are available, the blocks are cleared and rise slightly from the street. Lot 153 has an area of 771 square metres and lot 154 has an area of 746 square metres for a combined area of 1517 square metres.Grassy was a mining town since developed for residential purpose. The township is on the south east coast of King Island and is home to the islands freight port at Grassy Harbour.
The size of Grassy is approximately 14.5 square kilometres. It has 6 parks covering nearly 15.2% of total area. The population of Grassy in 2011 was 279 people. By 2016 the population was 145 showing a population decline of 48.0% in the area during that time. The predominant age group in Grassy is 60-69 years. Households in Grassy are primarily childless couples and are likely to be repaying $450 - $599 per month on mortgage repayments. In general, people in Grassy work in a labourer occupation. In 2011, 63.5% of the homes in Grassy were owner-occupied compared with 62.5% in 2016.
Grassy has 170 properties. Over the last 5 years, Houses in Grassy have seen a 57.07% increase in median value. As at 31 October 2024:
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