This is an opportunity to purchase a natural stand of native timber whether for preservation or (STCA) to clear a small parcel for a privately located dwelling amongst the timbers and enjoy the sounds of the native birds in the trees and undergrowth. A land capability report has been completed in 2016 that confirms that a residential dwelling proposal would not result in the unnecessary conversion or permanent loss of land for primary industry use, as the land is considered unsuitable for broad scale grazing and cropping uses as is required under the current State Planning Scheme, and was commissioned by the vendor to assist in any Planning Application to be submitted to council for approval by a new owner. The plan (included in this display shows areas of land capabilities and features one site for proposed dwelling and access). There is a small stream that runs across the bottom of the property, that could possibly be dammed, or a well dug, for water usage.
The Latrobe-Sheffield railway used to run across the bottom of the block, and this foundation might provide the best road access into the block if the intention is to build and to form a lane through the property. The value of the trees alone on this title makes it a very good investment for the future for an astute purchaser even if just clearing enough for a lifestyle development to live.
Only a twenty to twenty five minute drive from Latrobe or Devonport and a couple of kilometres drive from the Railton town centre or ten minutes into Sheffield. The trees are mostly straight, long established natural timber. A good selection of limbs for firewood. Subject to Council Approval (STCA) building a new home should not be a problem.
The size of Railton is approximately 70.9 square kilometres. It has 5 parks covering nearly 30.2% of total area. The population of Railton in 2011 was 1,230 people. By 2016 the population was 1,010 showing a population decline of 17.9% in the area during that time. The predominant age group in Railton is 50-59 years. Households in Railton are primarily childless couples and are likely to be repaying $1000 - $1399 per month on mortgage repayments. In general, people in Railton work in a labourer occupation. In 2011, 80.7% of the homes in Railton were owner-occupied compared with 79.7% in 2016.
Railton has 594 properties. Over the last 5 years, Houses in Railton have seen a 105.95% increase in median value. As at 31 October 2024:
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