SOLD
Sold on 02 Nov 2023 for $611,000

787 Rhyndaston Road
Rhyndaston TAS 7120

Bedrooms: 3
Bathrooms: 1
Car spaces: -
Floor area: 139m2
Land area: 950600m2
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Property Details for 787 Rhyndaston Rd, Rhyndaston

Building Type
Rural
Year Built
1970
Floor Size
139m2
Land Size
950600m2
Local Government
Southern Midlands
Lot/Plan
1/152703

Last Listing description (April 2024)

For Sale by Expression of Interest. Expected interest for the property to exceed $600,000

Formally part of 'Spring Vale' homestead, 787 Rhyndaston Road, Rhyndaston offers a fantastic opportunity to purchase an entry level grazing property. Set upon approx. 95.06 ha (234 acres); this holding offers the following:

House:

Circa 1970, we have a renovated weatherboard three-bedroom family home with a north facing rural aspect. The open plan dining/living room is warmed by a free-standing Ultimate woodfire and the spacious timber kitchen has a plenty of cupboard storage, a large pantry, Euromaid freestanding cooker + a Westinghouse oven.

There are 3 good size bedrooms along with a separate toilet/laundry, a porch/wetroom and a modern bathroom.

Polished timber floorboards are featured throughout all of the 139sqm floorplan of this family home, with hardwearing, easy care tiles in the bathroom/laundry.

The home is connected to 2 above ground water tanks, has a septic sewerage system and NBN satellite.

Outbuildings:
A collection of well-maintained storage sheds which including the following:
- Single stand timber shearing shed and holding yards.
- Two three-bay and four-bay machinery sheds.
- Lockable chemical/fertilizer shed.
- Workshop and storage shed.

Pasture:
Approximately 54ha (138 acres) of the holding has been cleared from its past use as a plantation property (Tasmanian Eucalyptus Nitens). Stumps and branches have been windrowed and remain post deforestation of the holding in the early 2020's. Native pasture has re-germinated post logging activities, offering fodder for around 70 head of crossbreed sheep and lambs. The remaining 70/80 acres is native Tasmanian bushland. The property offers a sandy loam soil base within a high rainfall area (average 635 mm annually) of Southern Midlands/Coal River Valley. The holding presents an opportunity to cultivate back to pasture or re-establish a eucalyptus plantation.

Area:
Settled in 1860, Rhyndaston and the surrounding area bore the name 'Flat Top' until it was re-named after a property owned by Welsh pioneer, Charles Meredith. The name Rhyndaston is a Welsh name meaning 'Mouth of the Hole'. The main centre of attraction in Rhyndaston is the railway tunnel which was completed in 1876.

A school bus service takes children to Oatlands from Rhyndaston and Australia Post offers drive by delivery.

Rhyndaston is only a 20-minute drive south of Oatlands (via Stonor and Rhyndaston Roads) and Hobart CBD is a little over 50 minutes' drive (via Coal Valley) away.

787 Rhyndaston Road offers plenty of options as a grazing holding or to re-invest in as a native plantation for the entry farmer or farming family as their first dip into the agriculture industry.

Facts:
Land Size: 95.06 acres (234 acres)
House Size: 139 sqm (14.96 squares)
Wall Materials: Weatherboard.
Roof Materials: Galvanised Iron.
Council: Southern Midlands Council.

Howell Property Group has no reason to doubt the accuracy of the information in this document which has been sourced from means which are considered reliable, however we cannot guarantee its validity. Prospective clients are advised to carry out their own investigations.

Property History for 787 Rhyndaston Rd, Rhyndaston, TAS 7120

A timeline of how this property has performed in the market
Last Sold
$611,000
02 Nov 2023
  • 02 Nov 2023
    Sold for $611,000
  • 28 Aug 2023
    Listed for Sale Contact Agent
  • 13 Jun 2018
    Sold for $270,000

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About Rhyndaston 7120

The size of Rhyndaston is approximately 29.6 square kilometres. It has 1 park covering nearly 7.1% of total area. The population of Rhyndaston in 2011 was 371 people. By 2016 the population was 65 showing a population decline of 82.5% in the area during that time. The predominant age group in Rhyndaston is 40-49 years. Households in Rhyndaston are primarily childless couples and are likely to be repaying $600 - $799 per month on mortgage repayments. In general, people in Rhyndaston work in a professional occupation. In 2011, 82.5% of the homes in Rhyndaston were owner-occupied compared with 75% in 2016..

Rhyndaston has 83 properties. Over the last 5 years, Houses in Rhyndaston have seen a 136.86% increase in median value. As at 31 August 2024:

  • The median value for Houses in Rhyndaston is $455,515.
There are currently no properties listed for sale, and no properties listed for rent in Rhyndaston on OnTheHouse. According to CoreLogic's data, 1 property were sold in the past 12 months in Rhyndaston.

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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.