OFF MARKET

70 Watchorns Road
Karoola TAS 7267

Bedrooms: -
Bathrooms: -
Car spaces: -
Floor area: 152m2
Land area: 129900m2
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Property Details for 70 Watchorns Rd, Karoola

Building Type
Land
Year Built
2022
Floor Size
152m2
Land Size
129900m2
Local Government
Launceston
Lot/Plan
1/10861

Last Listing description (March 2014)

32 Acres, Stables, Arena, Water, Pasture & Bush
Located in the beautiful and luscious Karoola valley in the North East of Tasmania, this superb block of land is offering approx. 32.47 acres, comprising approx two thirds of undulating pasture and remaining native bush. Situated in a sunny North East position, the long distance rural views are outstanding. For those wishing privacy, neighbours are not too close, there are approx. 8 other country homes located along the no-through road. The block of land offers 4 dams, 3 of which are spring fed and always remain with water, and a continual running creek, even in drought periods. A horse arena 20x40m constructed of road base with a bark chip top dressing, (currently not in use) and a 4 stable timber stable with day yards. The property boasts a good hay return in summer months and is large enough to feed a number of horses throughout the winter. The land also offers wallaby proofed fencing and a gate into the bush area. This area, excluding a portion under scenic protection, is suitable for taking your own firewood. This property is located in a terrific position with council approval to build on this land as long as you are within the guidelines of the rural resource planning criteria from Launceston City Council. Aurora Power and Telecom are located on the perimeter of the boundary and rubbish collection is available. The land is very close to the Pipers River for those who wish to relax and do a spot of trout fishing. The rates are approx. $1000 per year. Only 25 minutes to Launceston CBD, 10 minutes to Lilydale for most conveniences and the local school bus services the area. A school bus to town is also offered. For an opportunity not to be missed, please call to arrange a viewing of this spectacular property.

Property History for 70 Watchorns Rd, Karoola, TAS 7267

A timeline of how this property has performed in the market
Last Sold
$205,000
21 Mar 2014
  • 21 Mar 2014
    Sold for $205,000
  • 20 Nov 2013
    Listed for Sale $220,000
  • 16 Aug 2013
    Listed for Sale EXPRESSIONS OF INTEREST
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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.

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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.