OFF MARKET

678 Pegarah Road
Pegarah TAS 7256

Bedrooms: -
Bathrooms: -
Car spaces: -
Floor area: 120m2
Land area: 1695200m2
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Property Details for 678 Pegarah Rd, Pegarah

Building Type
Rural
Year Built
1964
Floor Size
120m2
Land Size
1695200m2
Local Government
King Island
Lot/Plan
1/226830

Last Listing description (October 2024)

One of King Island's original dairy farms, located in the Pegarah region, which possesses some of the Island's strongest soil types.
The approximately 425 acre farm has been producing milk, since it was cleared from native forest (approx. 115 years ago).
This farm currently supplies milk through a 20 unit herringbone dairy to Saputo.

The farm has an appealing undulating contour with an abundance of shelter.
There are 3 titles with the farmhouse located on the smallest title. The farmhouse sits in established gardens with fruit trees and a hothouse, creating a self-sufficient lifestyle.

Other improvements include a gazebo, machinery shed and a powered cubby/shed.
Stock water is supplied by on farm dams, and a very good bore located near the dairy.
There is a 148 acre runoff located nearby which would also be available to the successful purchaser.

The farm is located in close proximity to the township of Naracoopa which has some of the Island's best fishing and surfing, with the main township of Currie being approximately 20 kilometres away.

King Island is well known for its abundance of seafood, quality beef and cheese, highly rated golf courses and a growing tourism destination. This property would be a good opportunity to establish yourself and become one of the rare breed known as an Islander.

Property History for 678 Pegarah Rd, Pegarah, TAS 7256

A timeline of how this property has performed in the market
Last Sold
$350,000
15 Sep 2009
  • 11 Oct 2024
    Listed for Sale Expressions of Interest
  • 15 Sep 2009
    Sold for $350,000

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About Pegarah 7256

The size of Pegarah is approximately 143.8 square kilometres. It has 1 park covering nearly 8.6% of total area. The population of Pegarah in 2011 was 203 people. By 2016 the population was 141 showing a population decline of 30.5% in the area during that time. The predominant age group in Pegarah is 60-69 years. Households in Pegarah are primarily childless couples and are likely to be repaying $1000 - $1399 per month on mortgage repayments. In general, people in Pegarah work in a managers occupation. In 2011, 75.9% of the homes in Pegarah were owner-occupied compared with 84.6% in 2016..

Pegarah has 94 properties. Over the last 5 years, Houses in Pegarah have seen a 12.48% increase in median value. As at 31 October 2024:

  • The median value for Houses in Pegarah is $381,025 while the median value for Units is $352,796.
There are currently 2 properties listed for sale, and no properties listed for rent in Pegarah on OnTheHouse. According to CoreLogic's data, 2 properties were sold in the past 12 months in Pegarah.

Suburb Insights for Pegarah 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.