OFF MARKET

51 Castlemain Road
Ravenswood TAS 7250

Bedrooms: 3
Bathrooms: 2
Car spaces: 8
Floor area: 159m2
Land area: 211662m2
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Property Details for 51 Castlemain Rd, Ravenswood

51 Castlemain Rd, Ravenswood is a 3 bedroom, 2 bathroom House with 8 parking spaces and was built in 2008. The property has a land size of 211662m2 and floor size of 159m2. While the property is not currently for sale or for rent, it was last sold in June 2023.

Building Type
House
Year Built
2008
Floor Size
159m2
Land Size
211662m2
Local Government
Launceston
Lot/Plan
2/48968

Last Listing description (July 2023)

Bizarre as it sounds, this is an opportunity to purchase a 50 acre property with a three bedrooms, a study and two bathrooms with substantial shedding, only 10 minutes from Launceston CBD! The elevated home has views across to the CBD, enjoys an open plan design and highlighted by a modern kitchen with a full butlers pantry. A huge covered deck, straight out your back door gives you the opportunity of a "live in/live out" lifestyle. The direct entry to the home from the double garage is a genuine convenience on those wet and cold days.
The 50 acres is the fascinating aspect of this property. With any property you look for substantial shedding and this box is ticked. Whether it's the storage of vehicles, set up your workshop or a "work from home activity", it's all there for you. Our previous owner has planted an olive grove and with multiple tanks, water isn't an issue. A huge glass house is also on the property. A creek running through is another bonus. It will be worth a visit to Launceston Council to look at the current options as well as future options to unravel the true value of this property.
This is indeed a rare find and offers a multiple of lifestyle opportunities.

Land Size: 53 Acres (approx)
Build Size: 208m2 (approx)
Year Built: 2015

We have in preparing this listing used our best endeavours to ensure the information is true & accurate. Prospective purchasers are advised to carry out their own investigations.

Property History for 51 Castlemain Rd, Ravenswood, TAS 7250

A timeline of how this property has performed in the market
Last Sold
$705,000
01 Jun 2023
  • 17 Jul 2023
    Listed for Sale Not Disclosed
  • 01 Jun 2023
    Sold for $705,000
  • 10 Mar 2023
    Listed for Sale Offers Over $679,000
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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 1,565 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 5 properties listed for rent in Ravenswood on OnTheHouse. According to CoreLogic's data, 43 properties were sold in the past 12 months in Ravenswood.

Suburb Insights for Ravenswood 7250

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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.