Substantial 50 Acre landholding, less than 10 minutes drive to Hobart CBD, offering uninterrupted panoramic views across Frederick Henry & Ralphs Bay's, River Derwent, Mount Wellington and beyond.
This property offers a multitude of immediate opportunities with many perfect sites for a new Home or Hobby Farm, in a peaceful and private rural setting. The property consists of approximately 20 acres cleared, and 30 Acres wooded undulating terrain.
The future subdivision potential of this substantial landholding cannot be underestimated, should Council consider further development as has been recently completed in the bordering Oakdowns precinct.
The size of Lauderdale is approximately 4.6 square kilometres. It has 8 parks covering nearly 26.4% of total area. The population of Lauderdale in 2011 was 2,281 people. By 2016 the population was 2,386 showing a population growth of 4.6% in the area during that time. The predominant age group in Lauderdale is 50-59 years. Households in Lauderdale are primarily couples with children and are likely to be repaying $1400 - $1799 per month on mortgage repayments. In general, people in Lauderdale work in a professional occupation. In 2011, 83.9% of the homes in Lauderdale were owner-occupied compared with 82.6% in 2016.
Lauderdale has 1,080 properties. Over the last 5 years, Houses in Lauderdale have seen a 53.12% increase in median value, while Units have seen a 51.85% increase. As at 31 October 2024:
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