SOLD
Sold on 29 Nov 2023 for $1,042,000

279 Ridgley Highway
Romaine TAS 7320

Bedrooms: 3
Bathrooms: 1
Car spaces: 2
Floor area: 63m2
Land area: 260660m2
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Property Details for 279 Ridgley Hwy, Romaine

Building Type
Rural
Year Built
1965
Floor Size
63m2
Land Size
260660m2
Local Government
Burnie
Lot/Plan
1/115158

Last Listing description (July 2019)

Comprising of 26.066 HA (64.40 Acres) with a partly renovated 3 bedroom home having a north easterly aspect, barn, central laneway, well fenced, watered by dams and town water and with excellent highway and road frontage, this property has been admired by many and now is the time to purchase.
The outstanding balance of level to slightly undulating red basalt soil is ideal for any type of agricultural pursuit, currently running 40 head of fat cattle and being positioned so close to town offers a unique lifestyle.
The property would be ideal for family living, being close to primary and secondary schools, university, hospital and sporting facilities. Burnie CBD is within 10 minute drive and Wynyard Airport 15-20 minutes away (55 minute flight to Melbourne).

If you have been dreaming of that country lifestyle, then dream no more, we invite you to organise your inspection.

Property History for 279 Ridgley Hwy, Romaine, TAS 7320

A timeline of how this property has performed in the market
Last Sold
$1,042,000
29 Nov 2023
  • 29 Nov 2023
    Sold for $1,042,000
  • 26 Jan 2021
    Sold for $1,000,000
  • 24 May 2019
    Sold for $570,000
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About Romaine 7320

The size of Romaine is approximately 7.5 square kilometres. It has 5 parks covering nearly 20.8% of total area. The population of Romaine in 2011 was 1,739 people. By 2016 the population was 1,729 showing a population decline of 0.6% in the area during that time. The predominant age group in Romaine is 40-49 years. Households in Romaine are primarily childless couples and are likely to be repaying $1000 - $1399 per month on mortgage repayments. In general, people in Romaine work in a trades occupation. In 2011, 77% of the homes in Romaine were owner-occupied compared with 77% in 2016.

Romaine has 859 properties. Over the last 5 years, Houses in Romaine have seen a 64.98% increase in median value, while Units have seen a 85.54% increase. As at 31 October 2024:

  • The median value for Houses in Romaine is $442,340 while the median value for Units is $352,130.
  • Houses have a median rent of $433 while Units have a median rent of $350.
There are currently 10 properties listed for sale, and no properties listed for rent in Romaine on OnTheHouse. According to CoreLogic's data, 18 properties were sold in the past 12 months in Romaine.

Suburb Insights for Romaine 7320

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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.