OFF MARKET

314 Loongana Road
Nietta TAS 7315

Bedrooms: -
Bathrooms: -
Car spaces: -
Land area: 204400m2
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Property Details for 314 Loongana Rd, Nietta

Building Type
Land
Land Size
204400m2
Local Government
Central Coast
Lot/Plan
1/102494

Last Listing description (October 2019)

Peonietta (Peonies from Nietta) is a hugely successful 20 hectare peony farm in Tasmania's pristine high country. It contains approximately 80 to 85,000 plants at varying stages of maturity. It is one of the largest single peony farms in the Southern hemisphere.
Imagine having a money tree that produces 40-80,000 $10 notes every year with minimal upkeep! Well although peonies aren't trees as such, the plants at Peonietta will continue to produce beautiful, highly sought after flowers for decades to come. In fact some peony plants have been known to continually produce stunning flowers for over a century!
The hard work has been done here, so with just a little maintenance and fertilizing throughout the year, these wonderful plants will continue bringing in the cash year after year after year. The harvest period usually lasts for only 6 to 7 weeks so most of the year you are free to do as you please.

Peonietta already has an excellent established supply chain throughout most major Australian flower markets.
This business would make a great family run business, enabling everyone to earn a very good income in a very short period of time. Alternatively it would be great for a couple who likes to relax or travel the world for most of the year.
Peonietta is sure to be a highly sought after business all over the world.

Property History for 314 Loongana Rd, Nietta, TAS 7315

A timeline of how this property has performed in the market
Last Sold
$165,000
18 Feb 2020
  • 18 Feb 2020
    Sold for $165,000
  • 24 Nov 2017
    Listed for Sale By negotiation
  • 13 Nov 2006
    Sold for $158,000
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About Nietta 7315

The size of Nietta is approximately 59.8 square kilometres. It has 2 parks covering nearly 42.8% of total area. The population of Nietta in 2011 was 249 people. By 2016 the population was 69 showing a population decline of 72.3% in the area during that time. The predominant age group in Nietta is 60-69 years. Households in Nietta are primarily childless couples and are likely to be repaying not stated per month on mortgage repayments. In general, people in Nietta work in a labourer occupation. In 2011, 83% of the homes in Nietta were owner-occupied compared with 79.3% in 2016..

Nietta has 56 properties. Over the last 5 years, Houses in Nietta have seen a 108.24% increase in median value. As at 31 October 2024:

  • The median value for Houses in Nietta is $549,927.
There are currently 2 properties listed for sale, and no properties listed for rent in Nietta on OnTheHouse. According to CoreLogic's data, 2 properties were sold in the past 12 months in Nietta.

Suburb Insights for Nietta 7315

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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.