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Sold on 15 Aug 2024 for $420,000

380 Vermont Road
Ravenswood TAS 7250

Bedrooms: -
Bathrooms: -
Car spaces: -
Floor area: 170m2
Land area: 1064m2
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Property Details for 380 Vermont Rd, Ravenswood

380 Vermont Rd, Ravenswood is a 0 bedroom, 0 bathroom House. The property has a land size of 1064m2 and floor size of 170m2. While the property is not currently for sale or for rent, it was last sold in August 2024. There are other 0 bedroom House sold in Ravenswood in the last 12 months.

Building Type
House
Floor Size
170m2
Land Size
1064m2
Local Government
Launceston
Lot/Plan
2/65997

Last Listing description (September 2024)

Presenting an outstanding development opportunity at LOT 1/380 Vermont Rd, Ravenswood.

Fully enclosed with fencing and a front driveway gate, this parcel offers a secure canvas for your next project. A substantial shed at the rear of the block provides immediate storage solutions during the construction phase.

Strategically positioned, this site is a mere 600m stroll to the local IGA, ensuring future residents will enjoy the convenience of nearby amenities. In addition, the property is just a 5-minute drive from the bustling Mowbray Marketplace and Coles Racecourse shopping precinct, offering an array of retail options.

Education and daily commuting are made easy with close proximity to local schools and efficient public transport links. The tranquillity of the adjacent farmland provides a serene backdrop, enhancing the appeal for residential development.

Utilities are already taken care of, with water connected to the site. This is a rare opportunity to secure a substantial plot in a growing area, ripe for development and ready to generate significant interest.

Land size: 1062m2 approx.

Key2 Property have obtained all information in the document from sources we believe to be reliable; however, we cannot guarantee its accuracy. Prospective purchasers are advised to carry out their own investigations.

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Property History for 380 Vermont Rd, Ravenswood, TAS 7250

A timeline of how this property has performed in the market
Last Sold
$420,000
15 Aug 2024
  • 15 Aug 2024
    Sold for $420,000
  • 06 May 2024
    Listed for Sale Offers Over $195,000

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About Ravenswood 7250

The size of Ravenswood is approximately 10.2 square kilometres. It has 6 parks covering nearly 8.7% of total area. The population of Ravenswood in 2011 was 3,974 people. By 2016 the population was 3,604 showing a population decline of 9.3% in the area during that time. The predominant age group in Ravenswood is 0-9 years. Households in Ravenswood are primarily single parents and are likely to be repaying $1000 - $1399 per month on mortgage repayments. In general, people in Ravenswood work in a labourer occupation. In 2011, 47.2% of the homes in Ravenswood were owner-occupied compared with 47.1% in 2016.

Ravenswood has 1,568 properties. Over the last 5 years, Houses in Ravenswood have seen a 88.24% increase in median value, while Units have seen a 97.65% increase. As at 31 October 2024:

  • The median value for Houses in Ravenswood is $369,640 while the median value for Units is $285,141.
  • Houses have a median rent of $400 while Units have a median rent of $300.
There are currently 10 properties listed for sale, and 2 properties listed for rent in Ravenswood on OnTheHouse. According to CoreLogic's data, 47 properties were sold in the past 12 months in Ravenswood.

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© Copyright 2024 RP Data Pty Ltd trading as CoreLogic Asia Pacific (CoreLogic). All rights reserved.

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