OFF MARKET

4/945 Back Tea Tree Road
Tea Tree TAS 7017

Bedrooms: -
Bathrooms: -
Car spaces: -
Land area: 107390m2
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Property Details for 4/945 Back Tea Tree Rd, Tea Tree

Building Type
Land
Land Size
107390m2
Local Government
Brighton

Last Listing description (June 2016)

PLANTED IN 2004 AND WITH FIRST VINTAGE HARVEST IN 2006 THIS FASTIDIOUSLY MAINTAINED VINEYARD AND OLIVE GROVE HAS BEEN PRODUCING A VERY HIGH QUALITY OF GRAPES THAT IS BOTH PROFITABLE AND SOUGHT AFTER. WITH A TOTAL LAND AREA ASSOCIATED WITH THIS LOT OF 10.739HA AND ONLY APPROXIMATELY 2HA OF AREA CURRENTLY BEING USED THERE IS A GRAND SCOPE FOR EXPANSION AND MOST OF THIS RAW LAND IS VERY SUITABLE FOR MORE VINEYARD AND OLIVE CULTIVATION. WITH AN ELEVATED NORTHERLY ASPECT OFFERING PROTECTION FROM THE COOL SOUTHERLIES ITS PRIME POSITION WILL PLEASE ALL KNOWLEDGEABLE VITICULTURISTS.THE VINEYARD CONSISTS OF APPROXIMATELY 9000M2 OF VINES SEPARATED INTO 25 ROWS OF 3 DIFFERENT VARIETIES WHICH ARE: 11 PINOT NOIR, 11 RIESLING AND 3 RIESLING.- VINEYARD YIELDS FOR THE LAST 4 YEARS HAVE VARIED FROM 5.9 TONNES TO A HIGH OF 11.9 TONNES- THE VINEYARD AND OLIVES HAVE HISTORY OF HEAVY FERTILISER AND THE WASTEWATER IRRIGATION CONTAINS USEFUL AMOUNTS OF NITROGEN, PHOSPHORUS AND A SPECTRUM OF TRACE ELEMENTS.- THE CURRENT VINEYARD IS NATURALLY HEALTHY AS ITS FORTUNATE ENOUGH TO RECEIVE GOOD AIR MOVEMENT AND WATER DRAINAGE.-THERE IS ACCESS TO WASTEWATER FOR IRRIGATION, POTABLE WATER, POWER CONNECTED AND ESTABLISHED DRIVEWAY AT THE SITE.- LOT 4 {VINEYARD AND OLIVE GROVE} IS FENCED ON THREE QUADRANTS WITH LOT 5 AND 6 BORDERING ITS SOUTH WESTERN BOUNDARY ALSO AVAILABLE FOR PRIVATE SALE.OFFERS WILL BE MADE ON A PREPARED CONTRACT WITH ALL ATTACHMENTS BUT ON PURCHASER'S TERMS. THE OWNERS SHALL NOT BE BOUND TO ACCEPT ANY CONTRACT.

Property History for 4/945 Back Tea Tree Rd, Tea Tree, TAS 7017

A timeline of how this property has performed in the market
  • 01 Jun 2016
    Listed for Sale CONTACT AGENT (UNDER OFFER)
  • 16 May 2016
    Listed for Sale Not Disclosed
  • 26 Jun 2015
    Listed for Sale $300,000
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About Tea Tree 7017

The size of Tea Tree is approximately 77.3 square kilometres. The population of Tea Tree in 2011 was 327 people. By 2016 the population was 418 showing a population growth of 27.8% in the area during that time. The predominant age group in Tea Tree is 40-49 years. Households in Tea Tree are primarily couples with children and are likely to be repaying $1000 - $1399 per month on mortgage repayments. In general, people in Tea Tree work in a trades occupation. In 2011, 93.8% of the homes in Tea Tree were owner-occupied compared with 95.2% in 2016.

Tea Tree has 242 properties. Over the last 5 years, Houses in Tea Tree have seen a 57.74% increase in median value. As at 31 October 2024:

  • The median value for Houses in Tea Tree is $792,812 while the median value for Units is $438,618.
There are currently 3 properties listed for sale, and no properties listed for rent in Tea tree on OnTheHouse. According to CoreLogic's data, 5 properties were sold in the past 12 months in Tea tree.

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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.