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Sold on 02 Aug 2024 for $333,000

871 Lilydale Road
Underwood TAS 7268

Bedrooms: -
Bathrooms: -
Car spaces: -
Land area: 225100m2
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Elders Real Estate Hobart
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Property Details for 871 Lilydale Rd, Underwood

Building Type
Land
Land Size
225100m2
Local Government
Launceston
Lot/Plan
1/209273

Last Listing description (September 2024)

The views are spectacular, the vision is sensational - this exceptional bush block is a 21ha site where today's natural attractions can be accompanied by equally beautiful built spaces.

A planning permit has been previously issued for a new four bedroom residence that will take maximum advantage of the block's brilliant elevated building site, reached along a fully formed all weather driveway from Lilydale Road.

The cleared, benched house site (of approx. 1 acre) features impressively assembled boulder walls and stunning outlooks that reach back to Launceston city and further afield to the majestic Western Tiers and Mount Joy. Peppers Silo Hotel by the Tamar River is plainly visible and planes can be seen landing at Launceston airport.

If ever there was a vantage point with advantages - this is it!

An escape, yet not isolated, this outstanding block, with the added bonus of a small dam, puts the CBD some 15 minutes away. The opportunity to build, to appreciate the surroundings and enjoy the sights as you live a country lifestyle within an easy commute to town makes this an unmissable opening with unforgettable optics!

* Land Area is approximate.

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Property History for 871 Lilydale Rd, Underwood, TAS 7268

A timeline of how this property has performed in the market
Last Sold
$333,000
02 Aug 2024
  • 02 Aug 2024
    Sold for $333,000
  • 24 Jun 2024
    Listed for Sale Offers around $350,000
  • 25 Jun 2009
    Sold for $75,000
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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 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.

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