OFF MARKET

South Road
Nugara TAS 7256

Bedrooms: -
Bathrooms: -
Car spaces: -
Land area: 889800m2
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Property Details for Lot 3 South Rd, Nugara

Building Type
Commercial
Land Size
889800m2
Local Government
King Island
Lot/Plan
3/129384

Last Listing description (August 2023)

An opportunity for a savvy investor to secure a coastal property on stunning King Island.
Situated near the main township of Currie, the approximately 220 acre title is of an undulating contour, with many elevated ridges providing ocean views, which offer potential home sites (S.T.C.A)
The land is boundary fenced and has an older machinery shed on it.

There is sealed road frontage and power running past the property.
King Island has regular daily flights to Melbourne and mainland Tasmania.
If you have often dreamed of escaping to an island, or embarking on a tree change, perhaps you should consider this property.
With the most welcoming island community you will ever come across, enjoy the produce of King Island, with crayfish, cheese and world class beef, the benefits are endless.

Property History for Lot 3 South Rd, Nugara, TAS 7256

A timeline of how this property has performed in the market
Last Sold
$209,000
16 Nov 2018
  • 09 May 2023
    Listed for Sale Expressions of Interest
  • 11 Dec 2021
    Listed for Sale $800,000
  • 04 Jun 2021
    Listed for Sale $110,000
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About Nugara 7256

The size of Nugara is approximately 67.7 square kilometres. It has 13 parks covering nearly 3.8% of total area. The population of Nugara in 2011 was 1,091 people. By 2016 the population was 65 showing a population decline of 94.0% in the area during that time. The predominant age group in Nugara is 60-69 years. Households in Nugara are primarily childless couples and are likely to be repaying $1000 - $1399 per month on mortgage repayments. In general, people in Nugara work in a labourer occupation. In 2011, 59.1% of the homes in Nugara were owner-occupied compared with 77.4% in 2016..

Nugara has 93 properties. Over the last 5 years, Houses in Nugara have seen a 45.41% increase in median value. As at 30 September 2024:

  • The median value for Houses in Nugara is $229,639 while the median value for Units is $371,875.
There are currently 1 property listed for sale, and no properties listed for rent in Nugara on OnTheHouse. According to CoreLogic's data, no properties were sold in the past 12 months in Nugara.

Suburb Insights for Nugara 7256

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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.