OFF MARKET

391 Patersonia Road
Nunamara TAS 7259

Bedrooms: -
Bathrooms: -
Car spaces: -
Land area: 303700m2
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Property Details for Lot 2/391 Patersonia Rd, Nunamara

Building Type
Land
Land Size
303700m2
Local Government
Launceston

Last Listing description (March 2017)

Zoned rural resources, this large portion of land around 75.04 acres comprises mostly bush. This land has been harvested in 2013 and can be harvested every 15 years or so. It is now starting to grow back to natural bush. There is also a lovely pasture area with good access to the bitumen road that seems the most likely place in which to possibly build a home with lovely mountain views to the back of Mount Arthur within the rural resources zoning. There is a portion of protective covenant on the land, and is located within a private timber reserve. The land owner may remove the trees for harvesting. Once the land is cleared the private timber reserve listing may be removed. A home may be able to be built on the land if in accordance with the Launceston City Council and all rural resources criteria, which has an emphasis on primary industry activity, although this is not a straight forward process. Other compatible uses approved with rural resources zoning are grazing, hunting, recreation and apiary sites. Aurora power lines run through the block and a Telecom phone cable is nearby. Located around 20 minutes from Launceston.

Property History for Lot 2/391 Patersonia Rd, Nunamara, TAS 7259

A timeline of how this property has performed in the market
  • 03 Nov 2016
    Listed for Sale $120,000
  • 17 Aug 2016
    Listed for Sale $180,000

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About Nunamara 7259

The size of Nunamara is approximately 224.1 square kilometres. It has 11 parks covering nearly 42% of total area. The population of Nunamara in 2011 was 267 people. By 2016 the population was 295 showing a population growth of 10.5% in the area during that time. The predominant age group in Nunamara is 50-59 years. Households in Nunamara are primarily childless couples and are likely to be repaying $1000 - $1399 per month on mortgage repayments. In general, people in Nunamara work in a professional occupation. In 2011, 86.5% of the homes in Nunamara were owner-occupied compared with 84.5% in 2016.

Nunamara has 207 properties. Over the last 5 years, Houses in Nunamara have seen a 48.51% increase in median value. As at 30 November 2024:

  • The median value for Houses in Nunamara is $737,347 while the median value for Units is $308,701.
There are currently 1 property listed for sale, and no properties listed for rent in Nunamara on OnTheHouse. According to CoreLogic's data, 1 property were sold in the past 12 months in Nunamara.

Suburb Insights for Nunamara 7259

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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.