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Sold on 09 Dec 2024 for $615,000

480 Van Morey Road
Margate TAS 7054

Bedrooms: -
Bathrooms: -
Car spaces: -
Land area: 2.68ha
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Property Details for 480 Van Morey Rd, Margate

Building Type
Land
Land Size
2.68ha

Last Listing description (December 2024)

For the first time in over four decades, this extraordinary 2.68-hectare property is available, offering a rare opportunity to own a piece of Tasmania's untouched natural beauty and craft your vision.

Situated just 12 minutes from Kingston and a convenient 25-minute drive from Hobart's vibrant CBD, this remarkable land presents an unparalleled chance to build your dream home and create the lifestyle you've always envisioned.

The property is a haven of native Tasmanian flora and fauna, showcasing a rich mix of wet sclerophyll and cool temperate rainforest. The landscape is adorned with a diverse array of native plants, including towering eucalyptus, wattles, tea trees, wild orchids and majestic man ferns. This natural wonderland provides sanctuary to a wide variety of wildlife, from birds and frogs to echidnas, wallabies, and even occasional sightings of platypus and Tasmanian Devils.

The pristine air quality nurtures a thriving ecosystem, where fungi, mosses and lichens flourish in the shaded valleys, while the elevated areas enjoy sunlight filtered through the forest canopy.

At the entrance to the property, a thoughtfully cleared area offers the perfect site for a home (subject to council approval). Imagine crafting your new home, where every detail reflects your vision and dreams. Picture a sanctuary perfectly nestled within this natural paradise, where the design of your home harmonises with the surrounding landscape. Whether it's a modern architectural masterpiece or a cosy, rustic retreat, this property offers the canvas to bring your dream to life.

From the placement of windows that frame breathtaking views of the forest to the selection of materials that blend seamlessly with the environment, every choice is yours to make. Here, you have the rare opportunity to create not just a house, but a home that embodies your ideal lifestyle, surrounded by the untouched beauty.

Adding to the property's appeal is a tranquil creek, along with freshwater underground springs, enhancing the natural allure of this secluded sanctuary. Zoned for Environmental Living and privately positioned amidst other attractive properties, this enchanting land offers a unique chance to immerse yourself in Tasmania's pristine wilderness.

The current owners have installed a septic system and water tank, currently servicing a camp kitchen housed within fully lined containers. These containers which include sleeping quarters and a bathroom offer a convenient temporary living solution while you plan and build your dream home. Please note these are not for permanent habitatation.

This is not just a piece of land; it's an opportunity to bring a dream to life—one that few have the chance to realise.

Disclaimer:
We have obtained this property information from sources we believe to be reliable; however, we cannot guarantee its accuracy. Prospective buyers are advised to carry out their own investigations.

Property History for 480 Van Morey Rd, Margate, TAS 7054

A timeline of how this property has performed in the market
Last Sold
$615,000
09 Dec 2024
  • 09 Dec 2024
    Sold for $615,000
  • 25 Oct 2024
    Listed for Sale Offers Over $595,000
  • 19 Jun 2024
    Listed for Sale Off Market Contact Agent
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About Margate 7054

The size of Margate is approximately 41.9 square kilometres. It has 9 parks covering nearly 5.7% of total area. The population of Margate in 2011 was 3,624 people. By 2016 the population was 3,945 showing a population growth of 8.9% in the area during that time. The predominant age group in Margate is 0-9 years. Households in Margate are primarily couples with children and are likely to be repaying $1800 - $2399 per month on mortgage repayments. In general, people in Margate work in a professional occupation. In 2011, 83.3% of the homes in Margate were owner-occupied compared with 81.6% in 2016.

Margate has 1,812 properties. Over the last 5 years, Houses in Margate have seen a 41.26% increase in median value, while Units have seen a 44.31% increase. As at 30 November 2024:

  • The median value for Houses in Margate is $793,363 while the median value for Units is $535,063.
  • Houses have a median rent of $560 while Units have a median rent of $468.
There are currently 17 properties listed for sale, and 2 properties listed for rent in Margate on OnTheHouse. According to CoreLogic's data, 54 properties were sold in the past 12 months in Margate.

Suburb Insights for Margate 7054

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Ed McKay
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Kelly McKay
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New Haus Agency
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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.