OFF MARKET

605 Lilydale Road
Underwood TAS 7268

Bedrooms: 4
Bathrooms: 1
Car spaces: 8
Floor area: 138m2
Land area: 51550m2
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Property Details for 605 Lilydale Rd, Underwood

605 Lilydale Rd, Underwood is a 4 bedroom, 1 bathroom House with 8 parking spaces and was built in 1950. The property has a land size of 51550m2 and floor size of 138m2. While the property is not currently for sale or for rent, it was last sold in June 2018.

Building Type
House
Year Built
1950
Floor Size
138m2
Land Size
51550m2
Local Government
Launceston
Lot/Plan
1/214434

Last Listing description (July 2018)

This versatile property would offer an astute buyer a huge array of uses! Formally set up as a harness racing stud with several paddocks, stalls, a gravel circular race track and loads of out buildings. The main home consisting of 3 to 4 bedrooms, near new kitchen with hot plates and a slow combustion stove in the second living area, good size lounge with Saxon wood heater, endless supply of fire wood on the property, bathroom with corner spa and a second living area/sun room.
Outside the main home is a secure backyard, 2 driveways, veggie patch, chook pen, in ground pool, stables, storage sheds, garage, carports and a great workshop with power, secure, with plenty of room for the tradie or handyman.
Approximately 200 meters away, there is a 3 bedroom weatherboard cottage that is added to the title with its own power, deck and timber garage. The cottage is in need of repairs- vacant and ready for DIY handyman, renovated this could be great for family, friends or extra income.

The land breakup is approximately 7 acres of cleared land with several fenced paddocks, at the southern end there is a large crystal clear spring, the other 6 acres consists of light bush which is easy accessible by 4 wheel drive and has a cleared area for a future home stead.
All this is a short 12 minutes' drive to Launceston's CBD

Property History for 605 Lilydale Rd, Underwood, TAS 7268

A timeline of how this property has performed in the market
Last Sold
$305,000
21 Jun 2018
  • 21 Jun 2018
    Sold for $305,000
  • 20 Dec 2017
    Listed for Sale Not Disclosed

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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 58.79% increase in median value. As at 31 October 2024:

  • The median value for Houses in Underwood is $787,433 while the median value for Units is $432,047.
There are currently 1 property listed for sale, and no properties listed for rent in Underwood on OnTheHouse. According to CoreLogic's data, 9 properties were sold in the past 12 months in Underwood.

Suburb Insights for Underwood 7268

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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.