139 Bacala RoadLilydale TAS 7268
Property Details for 139 Bacala Rd, Lilydale
Last Listing description (October 2012)
PLANTATION FORESTRY LAND SALE-271.26 HA (670 AC)IN 10 TITLES
SUPERANNUATION INVESTMENT OPPORTUNITY WITH SUBDIVISION AND FUTURE FARMING POTENTIAL. CURRENTLY LEASED TO WESLEY VALE ENGINEERING PTY LTD (TAMAR TREE FARMS) THIS MAGNIFICENT PROPERTY AT BACALA ROAD IN TASMANIA'S PICTURESQUE LEBRINA DISTRICT OFFERS A GREAT OPPORTUNITY FOR THE ASTUTE INVESTOR. 234 HA'S OF THE PROPERTY IS CURRENTLY PLANTED TO E.NITENS PLANTATION WITH THE REMAINING 37 HA'S BEING GRASS RESERVES TRACKS AND STREAMS. THE CURRENT LEASE RETURNS $68,000 INCLUDING GST PER ANNUM. PAYMENTS ARE MADE QUARTERLY IN ADVANCE AND ARE INDEXED TO CPI. THE LEASE AGREEMENT HAS BEEN IN PLACE FOR FOURTEEN YEARS WITH ANOTHER YEAR TO RUN THEN AN OPTION IS AVAILABLE FOR ANOTHER FIFTEEN YEARS. THE PROPERTY IS LOCATED ON THE BACALA ROAD AND THE PALING TRACK AT LEBRINA AND IS ONLY FIVE KILOMETRES FROM LILYDALE AND TWENTY ONE KILOMETRES FROM LAUNCESTON. THE THIRD RIVER RUNS THROUGH THE PROPERTY WHICH OFFERS A GOOD WATER SOURCE FOR LIVESTOCK. ALL SERVICES ARE CLOSE BY AND THERE ARE NUMEROUS HOUSE SITES AVAILABLE STCA. INSPECTION IS RECOMMENDED.
Property History for 139 Bacala Rd, Lilydale, TAS 7268
- 13 Jun 2012Sold for $740,000
- 29 Feb 2012Listed for Sale $800,000
- 13 Apr 1994Sold for $170,000
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About Lilydale 7268
The size of Lilydale is approximately 44 square kilometres. It has 3 parks covering nearly 13.3% of total area. The population of Lilydale in 2011 was 659 people. By 2016 the population was 604 showing a population decline of 8.3% in the area during that time. The predominant age group in Lilydale is 0-9 years. Households in Lilydale are primarily childless couples and are likely to be repaying $1000 - $1399 per month on mortgage repayments. In general, people in Lilydale work in a trades occupation. In 2011, 81.4% of the homes in Lilydale were owner-occupied compared with 78.6% in 2016.
Lilydale has 411 properties. Over the last 5 years, Houses in Lilydale have seen a 56.56% increase in median value, while Units have seen a 75.27% increase. As at 31 October 2024:
- The median value for Houses in Lilydale is $543,814 while the median value for Units is $417,558.
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