164 Millers RoadLymwood TAS 7256
Property Details for 164 Millers Rd, Lymwood
Last Listing description (January 2014)
Ti-Tree Gums
The name aptly describes this property in the highly productive Lymwood area of King Island. Land area is 120 hectares, the majority of which is cleared and grassed. There is infrastructure for beef breeding and fattening, a large high-tech heated green house facility, and ample water in a high and reliable rainfall belt, allowing options for producing alternate income. The residence is in an attractive setting blending in perfectly to the surrounding area with a 3-bay garage alongside. The residence is in good condition with rustic appeal and comprising three bedrooms, plus office, and living areas with pleasing outlook. Mains electricity is not connected, the alternate power supply being solar with back-up generators and batteries, which is innovative and cost effective. Altogether this is a property with all the ingredients for a great lifestyle.
Property History for 164 Millers Rd, Lymwood, TAS 7256
- 09 Jan 2017Sold for $572,000
- 10 Dec 2013Sold for $507,500
- 05 Oct 2012Listed for Sale $550,000
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About Lymwood 7256
The size of Lymwood is approximately 126 square kilometres. It has 4 parks covering nearly 10.1% of total area. The population of Lymwood in 2011 was 279 people. By 2016 the population was 88 showing a population decline of 68.5% in the area during that time. The predominant age group in Lymwood is 60-69 years. Households in Lymwood are primarily couples with children and are likely to be repaying $450 - $599 per month on mortgage repayments. In general, people in Lymwood work in a managers occupation. In 2011, 63.5% of the homes in Lymwood were owner-occupied compared with 73.9% in 2016..
Lymwood has 91 properties. Over the last 5 years, Houses in Lymwood have seen a 50.25% increase in median value. As at 30 September 2024:
- The median value for Houses in Lymwood is $331,951 while the median value for Units is $622,776.
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