OFF MARKET

1559 Lilydale Road
Underwood TAS 7268

Bedrooms: 3
Bathrooms: 1
Car spaces: -
Floor area: 157m2
Land area: 43667m2
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Property Details for 1559 Lilydale Rd, Underwood

Building Type
Rural
Year Built
1900
Floor Size
157m2
Land Size
43667m2
Local Government
Launceston
Lot/Plan
1/244947

Last Listing description (June 2018)

If plant equipment not required, vendor prepared to negotiate.
This property is a wonderful WIWO opportunity to secure a home on 10 acres that offers so much for a self sustainable lifestyle.
The character 3 bedroom home includes a lounge a dining room and a connecting sunken lounge with wood heater and a separate cosy sitting room both which also has a wood heater. The country kitchen has both a conventional stove and combustion with a hot water wet back saving on mains power. The practical porch provides coat hanging, shoe storage, firewood etc. prior to entering the house.

The mature gardens around the house included some wonderful trees species including: Oregon, and Cypress, Pines, Blackwoods and Oaks. It is an agriculturally productive property that includes 12 fruit trees (apples, plums, pears & greengages) approximately 3,500 raspberry plants that has seen the vendor selling raspberries in punnets and cuttings for years. There is certainly the area for a large market garden as well.
The building infrastructure covers all the needs of this small farm holding. Around 6 areas that would be ideal for chicken sheds, wood sheds, workshop spaces, storage sheds, hay shed & 4 garages. The 5 paddocks provide opportunities for cows, sheep, pigs and horses that would be ideal with some quiet country roads very close by.
There is over 50,000 litres of water tanks and plenty of roof catchment. A decent income could be produced, particularly because of the great access for roadside sales of say vegetables, eggs, raspberries etc. and numerous value added product opportunities.
Although conveniently located close to the sealed Lilydale Rd, it is remarkably private and only some 3 minutes from Lilydale with its school, medical centre, hotel, post office, shops and service station.
This property does need some energy and imagination to spruce it up and bring it back to its glory days......but for the location, acres, infrastructure, opportunities and charm, the expected price range will offer good value for the new owners to add value and create a great lifestyle.
A list of plant & equipment included available on request.

Property History for 1559 Lilydale Rd, Underwood, TAS 7268

A timeline of how this property has performed in the market
Last Sold
$340,000
19 May 2018
  • 19 May 2018
    Sold for $340,000
  • 05 Apr 2018
    Listed for Sale $350,000 WIWO

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About Underwood 7268

The size of Underwood is approximately 89.7 square kilometres. It has 8 parks covering nearly 47.9% of total area. The population of Underwood in 2011 was 407 people. By 2016 the population was 354 showing a population decline of 13.0% in the area during that time. The predominant age group in Underwood is 50-59 years. Households in Underwood are primarily childless couples and are likely to be repaying $1000 - $1399 per month on mortgage repayments. In general, people in Underwood work in a professional occupation. In 2011, 89.7% of the homes in Underwood were owner-occupied compared with 87% in 2016.

Underwood has 207 properties. Over the last 5 years, Houses in Underwood have seen a 47.77% increase in median value. As at 31 January 2025:

  • The median value for Houses in Underwood is $777,183 while the median value for Units is $491,123.
There are currently 2 properties listed for sale, and no properties listed for rent in Underwood on OnTheHouse. According to CoreLogic's data, 5 properties were sold in the past 12 months in Underwood.

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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.