OFF MARKET

2 Millwood Road
Naracoopa TAS 7256

Bedrooms: 1
Bathrooms: -
Car spaces: -
Land area: 22600m2
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Property Details for 2 Millwood Rd, Naracoopa

Building Type
Land
Land Size
22600m2
Local Government
King Island

Last Listing description (August 2015)

ON THE EAST COAST OF THE ISLAND IS THIS PROPERTY OF 1.66 HECTARES OR OVER 4 ACRES. IT HAS FRONTAGE TO MILLWOOD AND PEGARAH ROADS AND IS JUST A COUPLE OF HUNDRED METRES FROM THE BEACH AT NARACOOPA. THE BLOCK IS PREDOMINATELY BUSH WITH A NEWLY FORMED TRACK WINDING TO THE TOP OF THE BLOCK AND SITTING CLOSE TO THE 40 METRE CONTOUR. THIS PROVIDES A LOVELY OUTLOOK TO THE NORTH AND OVER SEA ELEPHANT BAY WHICH WILL BE FURTHER ENHANCED WITH A BUILDING DEVELOPMENT SUITED TO THIS SITE. PLANS ARE AVAILABLE FOR PERUSAL WITH THE PURCHASE OF THE PROPERTY. THIS SITE SITS BACK UNDER THE TOP OF THE BLUFF AND PROVIDES EXCELLENT PROTECTION FROM THE PREVAILING WINTER WEATHER. A BUILDING PAD HAS BEEN ESTABLISHED OFF THE ROAD AT A LOWER LEVEL FOR SHEDDING AS REQUIRED.THIS IS AN EXCELLENT LOCATION AND OPPORTUNITY FOR A QUALITY RESIDENTIAL ALLOTMENT.

Property History for 2 Millwood Rd, Naracoopa, TAS 7256

A timeline of how this property has performed in the market
  • 30 Mar 2015
    Listed for Sale BEST OFFER OVER $155,000

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About Naracoopa 7256

The size of Naracoopa is approximately 4.3 square kilometres. It has 2 parks covering nearly 2.4% of total area. The population of Naracoopa in 2011 was 203 people. By 2016 the population was 60 showing a population decline of 70.4% in the area during that time. The predominant age group in Naracoopa is 70-79 years. Households in Naracoopa are primarily childless couples and are likely to be repaying $1000 - $1399 per month on mortgage repayments. In general, people in Naracoopa work in a trades occupation. In 2011, 75.9% of the homes in Naracoopa were owner-occupied compared with 57.7% in 2016.

Naracoopa has 130 properties. Over the last 5 years, Houses in Naracoopa have seen a 41.28% increase in median value. As at 30 November 2024:

  • The median value for Houses in Naracoopa is $385,213 while the median value for Units is $186,710.
There are currently 3 properties listed for sale, and no properties listed for rent in Naracoopa on OnTheHouse. According to CoreLogic's data, 2 properties were sold in the past 12 months in Naracoopa.

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