15 acres under $100,000
This opportunity must be considered!
Less than 10 minutes to Hobart in a very sought after area is a 15 acre parcel of bush land. Create a private sanctuary along Tagg Street, Ridgeway (STCA) or simply hold onto what has to be the most affordable investment parcel of this size within such close proximity to Hobart. Traditionally most can't afford the investment of land as it has no rental return, but at this price, don't miss out!
The size of Ridgeway is approximately 6.2 square kilometres. It has 1 park covering nearly 64.5% of total area. The population of Ridgeway in 2011 was 165 people. By 2016 the population was 165 showing a stable population in the area during that time. The predominant age group in Ridgeway is 0-9 years. Households in Ridgeway are primarily couples with children and are likely to be repaying $3000 - $3999 per month on mortgage repayments. In general, people in Ridgeway work in a professional occupation. In 2011, 90% of the homes in Ridgeway were owner-occupied compared with 90% in 2016..
Ridgeway has 102 properties. Over the last 5 years, Houses in Ridgeway have seen a 37.13% increase in median value, while Units have seen a 108.90% increase. As at 31 October 2024:
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