OFF MARKET

351 Old Bangor Tram Road
Mount Direction TAS 7252

Bedrooms: -
Bathrooms: -
Car spaces: -
Land area: 5477414m2
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Property Details for 351 Old Bangor Tram Rd, Mount Direction

Building Type
Rural
Land Size
5477414m2
Local Government
George Town
Lot/Plan
1/107466

Last Listing description (July 2018)

Comprising approximately 547.58ha (1, 353ac) in six titles, and ideally located about 25 minutes from Launceston, 'Biddle Creek Farm' offers huge potential as a cattle operation, for beef or dairy agistment or a prime lamb property. A majority of the property has been sown to new pastures (potential to run 400+ cows), and is located in a reliable rainfall area (approx. 850mm per annum). The property features a 400ML dam, gravel laneway, and includes a new lock-up colorbond shed with electricity and town water connected. Approximately 7km of new fencing and 2km of wallaby fencing has recently been installed. 'Biddle Creek Farm' offers potential for further development, including pivot irrigation due to the availability of water on this property. Click on the video tour to see more, or to view the property from a different perspective, click on the FARM MAP (or Interactive Tour icon) and zoom in and out around the property.

Property History for 351 Old Bangor Tram Rd, Mount Direction, TAS 7252

A timeline of how this property has performed in the market
Last Sold
$3,120,129
05 Sep 2018
  • 05 Sep 2018
    Sold for $3,120,129
  • 07 Jun 2018
    Listed for Sale $4,300,000
  • 28 Sep 2016
    Sold for $1,950,000
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About Mount Direction 7252

The size of Mount Direction is approximately 96 square kilometres. It has 6 parks covering nearly 9.9% of total area. The population of Mount Direction in 2011 was 819 people. By 2016 the population was 244 showing a population decline of 70.2% in the area during that time. The predominant age group in Mount Direction is 60-69 years. Households in Mount Direction are primarily couples with children and are likely to be repaying $1400 - $1799 per month on mortgage repayments. In general, people in Mount Direction work in a trades occupation. In 2011, 85.6% of the homes in Mount Direction were owner-occupied compared with 84% in 2016..

Mount Direction has 120 properties. Over the last 5 years, Houses in Mount Direction have seen a 80.02% increase in median value. As at 31 August 2024:

  • The median value for Houses in Mount Direction is $700,249 while the median value for Units is $322,181.
There are currently 2 properties listed for sale, and no properties listed for rent in Mount direction on OnTheHouse. According to CoreLogic's data, 5 properties were sold in the past 12 months in Mount direction.

Suburb Insights for Mount Direction 7252

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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.