OFF MARKET

6/120 Barnes Road
Loorana TAS 7256

Bedrooms: -
Bathrooms: -
Car spaces: -
Floor area: 93m2
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Last updated 28 Oct 2024
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Property Details for 6/120 Barnes Rd, Loorana

6/120 Barnes Rd, Loorana is a bedroom, bathroom Unit. The property has a floor size of 93m2.

Building Type
Unit
Floor Size
93m2
Local Government
King Island

Last Listing description (May 2016)

Lot 6 is located on the southern boundary of the property and provides a spectacular panorama from extensive sea views to the tranquil Porky Creek. This is a part of a 7 lot strata title development sitting within a 28 hectare site overlooking Little Porky Beach and the Southern Ocean. These lots are centrally located just some 10 kilometers north of the main town on the island of Currie, handy to the new golf course venues of Cape Wickham and Ocean Dunes and convenient to the airport and the famous King Island Dairy. This is a vacant development site with building approval in place. It is just a short walk to the beach front and from Barnes Road and handy to Porky Beach, a popular family beach for surfing, fishing, walking and native birdlife.
Privacy to the property is ensured through the strata title of 28 hectares with 7 development sites of 2827 square metres. All sites have been designed to provide maximum privacy with natural screening by dunes and native bush. Access is from Barnes Road with roadways formed to each lot. Additionally, mains power has been extended into the property simplifying connection to the grid. Water for gardens and firefighting is available from a spring fed dam. Access to the beach is ensured from all lots through common land. Under the current management, no further lots are permitted.

Property History for 6/120 Barnes Rd, Loorana, TAS 7256

A timeline of how this property has performed in the market
  • 12 Feb 2016
    Listed for Sale $350,000

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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.