OFF MARKET

1370 Myalla Road
Milabena TAS 7325

Bedrooms: 4
Bathrooms: 2
Car spaces: -
Floor area: 167m2
Land area: 1467000m2
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Property Details for 1370 Myalla Rd, Milabena

Building Type
Rural
Year Built
1966
Floor Size
167m2
Land Size
1467000m2
Local Government
Waratah-Wynyard
Lot/Plan
1/218979

Last Listing description (July 2023)

Idyllic location nestled under the Detention Range in north west Tasmania.
This approximate 146ha (362ac) dairy farm, of all red basalt soils, is situated in one of Tasmania's most reliable rainfall belts.
Approximately 67ha (165acs) is irrigated from on farm dams.

Currently milking 400 cows through a 25 unit herringbone dairy with auto grain, cup removers and stall gates.
The herd will produce 170,000 to 180,000 milk solids annually, on a grass based system with low/medium inputs and has regularly featured in dairy Australia's Premium milk awards.
The recently renovated weatherboard home features 4 bedrooms, 2 bathrooms, and double glazed windows.
With the hard yards completed, this very efficient and developed dairy farm, is just 20 minutes from the township of Wynyard and the Burnie/Wynyard airport, where daily flights to and from Melbourne operate.
A great opportunity to enter the dairy industry, at a time when processors are in need of the product and the price to them is at an all time high.

Property History for 1370 Myalla Rd, Milabena, TAS 7325

A timeline of how this property has performed in the market
Last Sold
$5,076,400
18 May 2023
  • 18 May 2023
    Sold for $5,076,400
  • 07 Mar 2023
    Listed for Sale By Negotiation
  • 08 Mar 2011
    Sold for $2,200,000
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About Milabena 7325

The size of Milabena is approximately 44.5 square kilometres. It has 3 parks covering nearly 55.1% of total area. The population of Milabena in 2011 was 290 people. By 2016 the population was 87 showing a population decline of 70.0% in the area during that time. The predominant age group in Milabena is 50-59 years. Households in Milabena are primarily couples with children and are likely to be repaying under $300 per month on mortgage repayments. In general, people in Milabena work in a professional occupation. In 2011, 84.1% of the homes in Milabena were owner-occupied compared with 82.4% in 2016..

Milabena has 47 properties. Over the last 5 years, Houses in Milabena have seen a 134.31% increase in median value. As at 30 September 2024:

  • The median value for Houses in Milabena is $532,948.
There are currently no properties listed for sale, and no properties listed for rent in Milabena on OnTheHouse. According to CoreLogic's data, 1 property were sold in the past 12 months in Milabena.

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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.