OFF MARKET

55 Barretts Road
Karoola TAS 7267

Bedrooms: -
Bathrooms: 1
Car spaces: 6
Land area: 69340m2
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Property Details for 55 Barretts Rd, Karoola

Building Type
Land
Year Built
2016
Land Size
69340m2
Local Government
Launceston
Lot/Plan
1/26910

Last Listing description (April 2019)

Located only 20 minutes from the outskirts of Launceston, this beautiful block of land is on three separate titles, and is outstanding.
Situated on the top of Rowleys Hill, with excellent access from a well formed and council maintained dirt road.
The are 2 new water tanks giving 29,000 litres in total, and a newly installed septic tank. The large shed was built in 2016 and is council approved.

The slab is certified for extra thickness so that a home can be built on the slab as an option.
Inside are three rooms, including a bathroom and toilet.
Serviced by Aurora, mail, rubbish collection, NBN, and Telecom.
There are 6 dams on the land, two creeks and 6 grazing paddocks currently running cattle. The land is mostly pasture with a small amount of bush.
The back two blocks mostly pasture and excellent views, are on 75 acres in total. They have two creeks, 3 dams and Aurora power poles across the paddocks.
There is a right of way giving legal access through these blocks.
The land is zoned rural resources and a home can be built, in keeping with the Rural Resources Planning Scheme with the Launceston City Council.
Rates are $2,100 for 3 titles together.
Please call Sharon Fahey so that a viewing can be arranged.

Property History for 55 Barretts Rd, Karoola, TAS 7267

A timeline of how this property has performed in the market
Last Sold
$445,000
25 Mar 2019
  • 25 Mar 2019
    Sold for $445,000
  • 06 Feb 2019
    Listed for Sale $465,000 for 3 Titles
  • 31 Oct 2018
    Listed for Sale $335,000 for 2 Titles
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About Karoola 7267

The size of Karoola is approximately 32.1 square kilometres. It has 2 parks. The population of Karoola in 2011 was 488 people. By 2016 the population was 313 showing a population decline of 35.9% in the area during that time. The predominant age group in Karoola is 50-59 years. Households in Karoola are primarily childless couples and are likely to be repaying $1000 - $1399 per month on mortgage repayments. In general, people in Karoola work in a professional occupation. In 2011, 87% of the homes in Karoola were owner-occupied compared with 89.8% in 2016.

Karoola has 181 properties. Over the last 5 years, Houses in Karoola have seen a 77.64% increase in median value. As at 31 October 2024:

  • The median value for Houses in Karoola is $751,234 while the median value for Units is $426,723.
There are currently 2 properties listed for sale, and no properties listed for rent in Karoola on OnTheHouse. According to CoreLogic's data, 5 properties were sold in the past 12 months in Karoola.

Suburb Insights for Karoola 7267

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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.