27 Spring Farm RoadKingston TAS 7050
Property Details for 27 Spring Farm Rd, Kingston
Last Listing description (January 2015)
83 Hectares Development Potential
Not often does a release of land offer so much, and the true potential of this property is beyond words and a few photographs.
A 290 lot subdivision at the nearby Spring Farm is due to be released soon, (subject to planning permit), making Whitewater Farm another possible landholding for a major development in the future. Whitewater Farm has been identified in the residential strategy for Greater Hobart for future residential land release and an area zoned for residential expansion (Southern Tasmania Regional Land Use Strategy 2010-2025).
The land in total covers an area of 83 hectares (approx.) from pasture paddocks, to creeks, mountain views, newly completed road infrastructure over the Kingston by-pass, with future development and stages scheduled to be completed surrounding the property.
There are 2 titles that make up this parcel. The land expands across an area of 76 hectares (approx.) and there is also a 3 bedroom original Homestead dated 1870 on approx. 7 hectares. The land has been in the same family for 108 years and is currently being used for stock grazing.
Kingston is fast becoming the place for the relaxed lifestyle, easy city commute, exceptional schools, ultimate shopping experiences, that includes the newly created and ever expanding Channel Court Shopping centre, choice of beaches on your doorstep, and gateway to the Southern Tasmania tourism sector of Bruny Island, Kingborough, Channel and the Huon Valley.
Property History for 27 Spring Farm Rd, Kingston, TAS 7050
- 22 Oct 2014Sold for $2,800,000
- 21 Apr 2014Sold for $5,000
- 13 Nov 2013Listed for Sale OFFERS OVER $3,000,000
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About Kingston 7050
The size of Kingston is approximately 37.3 square kilometres. It has 29 parks covering nearly 8.9% of total area. The population of Kingston in 2011 was 9,759 people. By 2016 the population was 10,400 showing a population growth of 6.6% in the area during that time. The predominant age group in Kingston is 0-9 years. Households in Kingston are primarily couples with children and are likely to be repaying $1400 - $1799 per month on mortgage repayments. In general, people in Kingston work in a professional occupation. In 2011, 69.2% of the homes in Kingston were owner-occupied compared with 67.3% in 2016.
Kingston has 6,067 properties. Over the last 5 years, Houses in Kingston have seen a 45.45% increase in median value, while Units have seen a 46.18% increase. As at 30 September 2024:
- The median value for Houses in Kingston is $719,443 while the median value for Units is $565,878.
- Houses have a median rent of $593 while Units have a median rent of $490.
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