OFF MARKET

864 Pegarah Road
Pegarah TAS 7256

Bedrooms: 3
Bathrooms: 1
Car spaces: 1
Floor area: 161m2
Land area: 1064600m2
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Property Details for 864 Pegarah Rd, Pegarah

Building Type
Rural
Year Built
1905
Floor Size
161m2
Land Size
1064600m2
Local Government
King Island
Lot/Plan
1/243094

Last Listing description (November 2012)

Prime Island Country...
Thorseby comprises of 263 acres of prime productive Pegarah country where the stands of native gums and Tea tree are a testament to the soil fertility.
This region of King Island has the potential to carry some of the heaviest stocking numbers on the island. The combination of fertile soils, reliable rainfall and topography of the land ensures consistent pasture production for 12 months of the year. The undulating landscape allows for good drainage and offers numerous water catchment options while the tall timber belts provide excellent shelter for stock.

Property infrastructure comprises of shedding, stockyards, electric fencing consisting of 11 main paddocks and 11 dams to service all stock. The residence is a country style 3 bed cottage, fenced garden area, mains power connection, out shedding and a cement rainwater catchment tank for domestic water usage. Current Telstra lease in place which contributes to servicing the annual council rates each year.
An ideal opportunity to secure prime country in a productive region of King Island at a very competitive rate.

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Property History for 864 Pegarah Rd, Pegarah, TAS 7256

A timeline of how this property has performed in the market
Last Sold
$2,200,000
14 Apr 2022
  • 14 Apr 2022
    Sold for $2,200,000
  • 03 Dec 2012
    Sold for $438,000
  • 15 Nov 2012
    Listed for Sale $1850 PER ACRE
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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 93 properties. Over the last 5 years, Houses in Pegarah have seen a 38.02% increase in median value. As at 30 September 2024:

  • The median value for Houses in Pegarah is $375,668 while the median value for Units is $356,707.
There are currently 2 properties listed for sale, and no properties listed for rent in Pegarah on OnTheHouse. According to CoreLogic's data, 3 properties were sold in the past 12 months in Pegarah.

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