1406 South Riana RoadSouth Riana TAS 7316
Property Details for 1406 South Riana Rd, South Riana
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
- 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
Property History for 1406 South Riana Rd, South Riana, TAS 7316
- 20 Dec 2019Listed for Sale $1,160,000
- 19 Dec 2019Sold for $975,000
- 26 Sep 2017Sold 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 62.35% increase in median value. As at 31 October 2024:
- The median value for Houses in South Riana is $542,618 while the median value for Units is $319,976.
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