8535 Lyell HighwayOuse TAS 7140
Property Details for 8535 Lyell Hwy, Ouse
Last Listing description (May 2019)
'Cooma' comprising approx. 1,616 hectares (3993 acres) represents an opportunity for a large scale reversion.
It is situated in the Upper Derwent Valley North of Ouse in Southern Tasmania.
This was a well know cattle property before it was planted to trees.
Plantation 767ha - 1,895 acres
Native Grazing 362ha - 894 acres
Native Vegetation 514ha - 1,270 acres
The native vegetation areas represent river flats and open forested areas that are growing good grass suitable for grazing.
Large areas of the plantation has failed which could be easily converted to pasture.
There are some excellent soils including basalt, dolerite and mudstone.
Cooma is bounded on two sides by Black Bobs River and The Derwent River.
There are also several substantial dams
With frontage to the Lyell Highway this property has an excellent internal road system.
Improvments include:
3 bedroom cottage
Older cottage
Machinery sheds
Shearing Shed
Small cattle yard
In summary, Cooma represents a great opportunity to develop a substantial grazing property in a reliable rainfall area.
Property History for 8535 Lyell Hwy, Ouse, TAS 7140
- 17 Oct 2018Listed for Sale Auction 06/12/18
- 09 Apr 2009Sold for $7,065,000
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About Ouse 7140
The size of Ouse is approximately 439.7 square kilometres. It has 9 parks covering nearly 24.3% of total area. The population of Ouse in 2011 was 368 people. By 2016 the population was 301 showing a population decline of 18.2% in the area during that time. The predominant age group in Ouse is 60-69 years. Households in Ouse are primarily childless couples and are likely to be repaying $1400 - $1799 per month on mortgage repayments. In general, people in Ouse work in a managers occupation. In 2011, 49.3% of the homes in Ouse were owner-occupied compared with 56.8% in 2016.
Ouse has 221 properties. Over the last 5 years, Houses in Ouse have seen a 80.57% increase in median value. As at 31 October 2024:
- The median value for Houses in Ouse is $328,583 while the median value for Units is $461,142.
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