OFF MARKET

2050 Pegarah Road
Naracoopa TAS 7256

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Bathrooms: -
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Property Details for 2050 Pegarah Rd, Naracoopa

Building Type
Land
Local Government
King Island

Last Listing description (October 2013)

SOLD
This is a quality parcel of land commanding outstanding views of the ocean while attracting all day sun. The block comprises approximately 11 hectares, (25 acres), climbing from Pegarah Road on the approach to the seaside village of Naracoopa and rising above the 50 metre mark, is timbered with a variety of native timbers and falls to Bronzewing Creek on the eastern boundary. Rural zoning allows residential development. Clearing of the timber is limited to that required for residential development and subject to the appropriate approval.
A great opportunity with the outlook over Naracoopa to Sea Elephant Bay, plenty of sun and shelter from prevailing weather from the west, south and the east, enough area to be private from neighbours and all in an aesthetically pleasing natural environment.

Property History for 2050 Pegarah Rd, Naracoopa, TAS 7256

A timeline of how this property has performed in the market
  • 14 Jun 2013
    Listed for Sale $100,000
  • 16 Jul 2012
    Listed for Sale $100,000

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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 127 properties. Over the last 5 years, Houses in Naracoopa have seen a 56.98% increase in median value. As at 30 September 2024:

  • The median value for Houses in Naracoopa is $377,968 while the median value for Units is $186,710.
There are currently 2 properties listed for sale, and no properties listed for rent in Naracoopa on OnTheHouse. According to CoreLogic's data, 3 properties were sold in the past 12 months in Naracoopa.

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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.