OFF MARKET

Barnes Road
Loorana TAS 7256

Bedrooms: -
Bathrooms: -
Car spaces: -
Land area: 280000m2
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Property Details for Lot 5 Barnes Rd, Loorana

Building Type
Land
Land Size
280000m2
Local Government
King Island

Last Listing description (August 2018)

Overlooking a secluded private beach within a picturesque peninsula presents this unique development opportunity.
A carefully selected building envelope enjoys a scenic stretch of magical coastline, recognised for its untouched beauty, pristine environment and uncrowded lifestyle opportunities.
The nature of the undulating hillside offers privacy to any build while managing to capture distant ocean views surrounded amongst the natural coastal environment.

A private building envelope comprises a generous 2,827 m2 building area amongst 28 hectares of shared coastal property. Known as lot 5, this building envelope is complete with fully approved building permits, mains power, formed road and access and excellent water supply.
King Island is fast becoming internationally renowned as a 'must go' golfing destination and also the island of famous quality produce.
This option offers a fantastic way to secure a lifestyle opportunity plus a premier building allotment without the 'pre-build headaches'...

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Property History for Lot 5 Barnes Rd, Loorana, TAS 7256

A timeline of how this property has performed in the market
  • 20 Dec 2016
    Listed for Sale $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.

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