OFF MARKET

45 Tunnel Road
Tunnel TAS 7254

Bedrooms: -
Bathrooms: -
Car spaces: -
Land area: 705900m2
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Property Details for 45 Tunnel Rd, Tunnel

Building Type
Commercial
Land Size
705900m2
Local Government
Launceston
Lot/Plan
1/213450

Last Listing description (June 2013)

Easy To Develop With Great Building Sites
This property will ideally suit a buyer who is looking for a block to build a dream house on & to develop over time. There are great house sites with views, privacy, & 1 kilometer from highway & is within commuter distance to Launceston. Around 15 ha has gone back into ferns & young wattles however this vegetation could be cleared at not a huge cost & sown initially to turnips then to permanent pasture.
Either do it yourself or gain the tax deductions by employing local contractors to do the job. The soil is a grey loam that grows good grass as neighbouring properties prove. The other 50 ha is in native bush with some mill logs that offers potential for carbon credits in the future & does have good bio diversity values.

The majority of the block lays gently to the north & east therefore offering good growing conditions. Worth inspecting.

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Property History for 45 Tunnel Rd, Tunnel, TAS 7254

A timeline of how this property has performed in the market
Last Sold
$180,000
27 May 2013
  • 27 May 2013
    Sold for $180,000
  • 24 Aug 2012
    Listed for Sale REDUCED $180,000
  • 17 May 2012
    Listed for Sale $229,000 NEG
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About Tunnel 7254

The size of Tunnel is approximately 13.5 square kilometres. It has 1 park covering nearly 23.6% of total area. The population of Tunnel in 2011 was 305 people. By 2016 the population was 68 showing a population decline of 77.7% in the area during that time. The predominant age group in Tunnel is 0-9 years. Households in Tunnel are primarily couples with children and are likely to be repaying $800 - $999 per month on mortgage repayments. In general, people in Tunnel work in a managers occupation. In 2011, 89.3% of the homes in Tunnel were owner-occupied compared with 77.3% in 2016..

Tunnel has 55 properties. Over the last 5 years, Houses in Tunnel have seen a 112.47% increase in median value. As at 31 August 2024:

  • The median value for Houses in Tunnel is $805,189.
There are currently 1 property listed for sale, and no properties listed for rent in Tunnel on OnTheHouse. According to CoreLogic's data, no properties were sold in the past 12 months in Tunnel.

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