OFF MARKET

50 Whites Mill Road
Underwood TAS 7268

Bedrooms: 4
Bathrooms: 2
Car spaces: 2
Floor area: 303m2
Land area: 40690m2
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Property Details for 50 Whites Mill Rd, Underwood

Building Type
Land
Year Built
1984
Floor Size
303m2
Land Size
40690m2
Local Government
Launceston
Lot/Plan
1/22429

Last Listing description (February 2014)

This property offers so many options to people who are open to dreaming, open to imagining a lifestyle without restriction, of space, nature and privacy. Situated only 18 kilometres form Launceston; The Mount Arthur Centre sits on five hectares of re-generated bush lands, creeks and wetlands. It could provide a wonderful property for a family that allows the children to wander safely on the constructed walking tracks along the side of the creek, play on the tennis court or simply utilise the large open plan house to create. As a former community school the layout and uninhibited space of the building is a great feature. There are endless outside areas to develop gardens even for commercial purposes. The Tas Oak building with its under floor heating in the main living area, large picture windows with great views and cathedral ceilings is almost designed to be converted to a restaurant (STCA)along with its wonderful outside spaces that includes a covered pergola and ten picnic tables. Male and female toilets and showers are accessed off the main room. Been only 5 minutes from Lilydale with its burgeoning wine and food market and to the major tourism icon of Hollybank it makes it a great location. The existing owners, Conservation Volunteers Aust have utilised the building as accommodation for the volunteers so it would be perfect for adapting to an accommodation facility either backpackers or perhaps something up market. There is a self contained unit within the building, a separate bedroom and a large mezzanine floor area above the kitchen and bedroom. There is also an excellent 110K litre modern water tank fed from a reliable creek, a straw bale cabin (accommodation?), substantial shed and small gatehouse. This property offers a great opportunity for people who are open to living their life to the full.

Property History for 50 Whites Mill Rd, Underwood, TAS 7268

A timeline of how this property has performed in the market
Last Sold
$370,000
20 Nov 2013
  • 20 Nov 2013
    Sold for $370,000
  • 07 Nov 2012
    Listed for Sale $420,000 NEG
  • 23 Jun 1983
    Sold for $5,000

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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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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.