OFF MARKET

1406 South Riana Road
South Riana TAS 7316

Bedrooms: -
Bathrooms: -
Car spaces: -
Land area: 452800m2
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Property Details for 1406 South Riana Rd, South Riana

Building Type
Rural
Land Size
452800m2
Local Government
Central Coast
Lot/Plan
1/150385

Last Listing description (March 2020)

- Approximately 192 acres at South Riana, around 15 minutes inland from the coastal township of Penguin
- The undulating property is a mixture of red basalts to clay loams
- There is approximately 82 acres of quality grazing land with a central laneway and a further 110 acres of plantation land that has been recently harvested

- The pastured land has a vermin proof boundary fence where it joins the forestry land
- Stock water is supplied from a bore and a permanent stream that flows through the property
- Infrastructure includes a 3 bedroom brick veneer home with an open plan kitchen and spacious lounge, various farm sheds and cattle yards
- This property with a 60 inch annual rainfall is very well suited to cattle or dairy support

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Property History for 1406 South Riana Rd, South Riana, TAS 7316

A timeline of how this property has performed in the market
Last Sold
$975,000
19 Dec 2019
  • 20 Dec 2019
    Listed for Sale $1,160,000
  • 19 Dec 2019
    Sold for $975,000
  • 26 Sep 2017
    Sold for $280,000
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About South Riana 7316

The size of South Riana is approximately 33.4 square kilometres. It has 2 parks covering nearly 8% of total area. The population of South Riana in 2011 was 451 people. By 2016 the population was 230 showing a population decline of 49.0% in the area during that time. The predominant age group in South Riana is 50-59 years. Households in South Riana are primarily childless couples and are likely to be repaying $1000 - $1399 per month on mortgage repayments. In general, people in South Riana work in a managers occupation. In 2011, 75.3% of the homes in South Riana were owner-occupied compared with 80.6% in 2016.

South Riana has 108 properties. Over the last 5 years, Houses in South Riana have seen a 64.28% increase in median value. As at 30 September 2024:

  • The median value for Houses in South Riana is $567,365 while the median value for Units is $319,976.
There are currently 2 properties listed for sale, and no properties listed for rent in South riana on OnTheHouse. According to CoreLogic's data, 3 properties were sold in the past 12 months in South riana.

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