OFF MARKET

37 Garcias Road
Underwood TAS 7268

Bedrooms: -
Bathrooms: -
Car spaces: -
Land area: 70370m2
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Property Details for 37 Garcias Rd, Underwood

Building Type
Land
Land Size
70370m2
Local Government
Launceston
Lot/Plan
3/129959

Last Listing description (October 2019)

Located close to the Lilydale highway, with good access straight into town, this block of land is excellent for building a home.
Situated on the side of a hill, with flat areas suitable for building, the land has been recently cleared in 2017 and wood piles are soon to be burnt when fire restrictions are lifted. Grass is starting to re- establish as well as native bushes.
The views are just lovely overlooking the Underwood valley region.

The owners who live nearby now have no further use for this separate title of land.
In 2018 a newly formed and properly built driveway was done giving good access to the house site, where a power pole is located. There are two power poles on the land.
The property is fully fenced except for the small piece of bush that runs alongside the road.
Tank water and septic/bio cycle are the commodities needed when building, as the land is not serviced.
Telecom wiring runs through the block and NBN wireless is available in the area.
There is also a small dam on the land
There is no creek on the land, but Pipers River is very nearby for short strolls along the river bank.
The land is zoned rural resources which can be tricky when seeking building approval, but the owners have recently completed an Agricultural report in October 2018 which reports that the land is not suitable for agricultural farming, so therefore a home can be built if in accordance to rural resources planning without the application for a resourceful development.
This is a lovely elevated block that gets loads of afternoon sunshine. Located only 15 minutes from town on a school bus route.
The kids need only walk a few minutes to the highway to get on the bus. Buses travel to Lilydale where there is a local school and also to the City for those who are enrol in private schooling.
Lilydale offers a whole range of conveniences and caters for the small closely-knit community to a high standard. Even with a doctor, chemist, IGA and post office. Schooling is from kinder to grade 10.
If you are a family looking to build a home and run a small hobby farm on 17 acres of land, where you can also cut your own firewood.
then call Sharon Fahey, as there is demand for small holdings this close to town.

Property History for 37 Garcias Rd, Underwood, TAS 7268

A timeline of how this property has performed in the market
Last Sold
$15,000
16 Oct 1998
  • 16 Apr 2019
    Listed for Sale $220,000
  • 16 Oct 1998
    Sold for $15,000

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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 206 properties. Over the last 5 years, Houses in Underwood have seen a 69.44% increase in median value. As at 30 September 2024:

  • The median value for Houses in Underwood is $845,298 while the median value for Units is $449,824.
There are currently 1 property listed for sale, and no properties listed for rent in Underwood on OnTheHouse. According to CoreLogic's data, 10 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.