OFF MARKET

765 Back Tea Tree Road
Tea Tree TAS 7017

Bedrooms: -
Bathrooms: -
Car spaces: -
Land area: 719291m2
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Property Details for 765 Back Tea Tree Rd, Tea Tree

Building Type
Rural
Year Built
1985
Land Size
719291m2
Local Government
Brighton
Lot/Plan
1/127350

Last Listing description (October 2023)

Knight Frank Agri-Business Tasmania is pleased to present to market a high quality agricultural property within the emerging viticulture region of Southern Tasmania.

Offers are invited for the purchase of "Glen Quoin", a 233.1 ha irrigation holding with a north facing aspect and a wealth of investment potential. The agricultural holding and location presents a magnificent development opportunity with lifestyle appeal.

The Tea Tree area has traditionally been cropping and grazing. However, there has been a movement towards intensive agriculture including viticulture, horticulture and vegetable production since the development of the South East Irrigation Scheme (SEIS). The opportunity to acquire a holding close to the Hobart CBD adds to its lifestyle appeal.

For further information and to arrange an inspection of the property please contact the exclusive agents at Knight Frank Agri-Business.

Property History for 765 Back Tea Tree Rd, Tea Tree, TAS 7017

A timeline of how this property has performed in the market
  • 28 Sep 2023
    Listed for Sale Contact Agent
  • 25 Nov 2022
    Listed for Sale Offers Over $4,500,000

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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 55.42% increase in median value. As at 30 September 2024:

  • The median value for Houses in Tea Tree is $775,424 while the median value for Units is $454,858.
There are currently 4 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.