OFF MARKET

545 Mathinna Plains Road
Ringarooma TAS 7263

Bedrooms: 3
Bathrooms: 1
Car spaces: -
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Property Details for 545 Mathinna Plains Rd, Ringarooma

545 Mathinna Plains Rd, Ringarooma is a 3 bedroom, 1 bathroom House.

Building Type
House
Local Government
Dorset

Last Listing description (March 2022)

From the renovated farmhouse of this exceptional, elevated property the views reach out across a verdant, rolling landscape to take in Mount Victoria while the light show from the sunsets and the stars at night is mesmerizing. Northern light adds to the natural attraction of this spectacular holding where some 55 acres provides productive grazing for 30 - 40 head of cattle over 50 acres accompanied by approximately 5 acres of native bush.
The home's period charm has been carefully preserved while contemporary renovations were carried out to ensure this classic residence meets every modern need in style. Original details including high ceilings above superb polished floorboards complement the bright, inviting spaces of a home featuring generous living and dining areas served by a fabulous kitchen with a dish-washer and a separate, user-friendly walk-in pantry or storage area.
Three bedrooms sharing a fresh, first class bathroom that includes a classic claw-foot bath, elite fittings, premium finishes, new toilet, laundry facilities and a new septic tank system contribute instantly inviting accommodation to a welcoming home, recently re-painted throughout, of outstanding character and comfort.

Hedged rock walls that surround freshly planted fruit trees lead a long list of improvements to the property that include updated electric fencing that enhances easy rotational grazing and construction of a robust, high quality steel cattle yard while the presence of three spring fed dams provides reliable year round water supply and offers potential for irrigation of hay paddocks.
Proximity to local services, Derby's mountain biking trails, Scottsdale town centre, the east coast and Launceston city applies yet another level of appeal to this outstanding opportunity.

Property History for 545 Mathinna Plains Rd, Ringarooma, TAS 7263

A timeline of how this property has performed in the market
  • 17 Jan 2022
    Listed for Sale Offers over $820,000

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About Ringarooma 7263

The size of Ringarooma is approximately 207.7 square kilometres. It has 10 parks covering nearly 143.8% of total area. The population of Ringarooma in 2011 was 480 people. By 2016 the population was 356 showing a population decline of 25.8% in the area during that time. The predominant age group in Ringarooma is 60-69 years. Households in Ringarooma are primarily childless couples and are likely to be repaying $1000 - $1399 per month on mortgage repayments. In general, people in Ringarooma work in a managers occupation. In 2011, 74.1% of the homes in Ringarooma were owner-occupied compared with 67.9% in 2016.

Ringarooma has 233 properties. Over the last 5 years, Houses in Ringarooma have seen a 61.22% increase in median value, while Units have seen a 56.53% increase. As at 31 October 2024:

  • The median value for Houses in Ringarooma is $524,135 while the median value for Units is $291,681.
  • Houses have a median rent of $200.
There are currently 2 properties listed for sale, and no properties listed for rent in Ringarooma on OnTheHouse. According to CoreLogic's data, 10 properties were sold in the past 12 months in Ringarooma.

Suburb Insights for Ringarooma 7263

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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.