OFF MARKET

357 Don Kendell Drive
Loorana TAS 7256

Bedrooms: -
Bathrooms: -
Car spaces: -
Floor area: 175m2
Land area: 324200m2
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Property Details for 357 Don Kendell Dr, Loorana

Building Type
Commercial
Year Built
1966
Floor Size
175m2
Land Size
324200m2
Local Government
King Island
Lot/Plan
1/241270

Last Listing description (October 2024)

A very rare small acreage (approximately 70 acres) of prime King Island pastured land, located near the King Island Airport and 5 minutes to the central hub of Currie.

? Virtually all level pasture, well fertilised and quite capable of turning off a nice amount of fat cattle annually.
? Water is supplied by 2 on farm dams and a recently drilled bore.

? Fenced into several paddocks with a new set of Clipex cattle yards included.

This quality 70 acre holding in an ideal location, presents a great opportunity to get a start in the beef industry and with 4 established neighbouring farmers, surely a great investment for the future.
Perhaps a small dwelling (STCA) would provide a solid base to pursue the Island's great food, fishing, surfing, golf and related tourism ventures.

Property History for 357 Don Kendell Dr, Loorana, TAS 7256

A timeline of how this property has performed in the market
Last Sold
$310,000
19 Dec 2017
  • 10 Oct 2024
    Listed for Sale Expressions of Interest
  • 19 Dec 2017
    Sold for $310,000

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About Loorana 7256

The size of Loorana is approximately 130.2 square kilometres. It has 8 parks covering nearly 15% of total area. The population of Loorana in 2011 was 1,091 people. By 2016 the population was 118 showing a population decline of 89.2% in the area during that time. The predominant age group in Loorana is 50-59 years. Households in Loorana are primarily childless couples and are likely to be repaying $800 - $999 per month on mortgage repayments. In general, people in Loorana work in a managers occupation. In 2011, 59.1% of the homes in Loorana were owner-occupied compared with 76.9% in 2016..

Loorana has 107 properties. Over the last 5 years, Houses in Loorana have seen a 25.00% increase in median value. As at 30 September 2024:

  • The median value for Houses in Loorana is $452,536.
There are currently no properties listed for sale, and no properties listed for rent in Loorana on OnTheHouse. According to CoreLogic's data, 6 properties were sold in the past 12 months in Loorana.

Suburb Insights for Loorana 7256

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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.