OFF MARKET

701 Millwood Road
Pegarah TAS 7256

Bedrooms: -
Bathrooms: -
Car spaces: -
Floor area: 160m2
Land area: 940423m2
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Property Details for 701 Millwood Rd, Pegarah

Building Type
Rural
Year Built
1956
Floor Size
160m2
Land Size
940423m2
Local Government
King Island
Lot/Plan
1/86303

Last Listing description (February 2022)

Good farm land is a hot commodity. And this 232 acre former dairy farm is as good as they come. It is also a no fuss farm sale, being offered WIWO, with approx. 300 head of cattle, all machinery and a comfortable 4 bed room house included. The property, situated on Millwood Road, includes:- A lateral irrigation system
- 20 meg water right license that hasn't been needed for 3 years
- Good fertile soil that is being strip grazed

- Includes heaps of shedding across the property
- New stockyards and good fencing
- 90% pasture renovated (under 15 years old)
- Troughs in every paddock
- Great layout - with a laneway down the middle of the property
- Solar panels that generate 4.8 Kw
- 2 creeks run through the property
- A near-new John Deere M120 110hrs & loader
- And all other machinery you would need to run a farm

Property History for 701 Millwood Rd, Pegarah, TAS 7256

A timeline of how this property has performed in the market
Last Sold
$2,155,000
02 Dec 2021
  • 02 Dec 2021
    Sold for $2,155,000
  • 08 Nov 2021
    Listed for Sale Best offers over 2,700,000
  • 11 May 2017
    Sold for $400,000
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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.