What an opportunity! Approx. 22 Acres, easily accessible, land with great potential for many purposes, unbelievable wilderness valley views and an astounding manmade historical feature for a boundary! Hidden only a few hundred meters off the main road (internal block) out of sight of all neighbours, a small clearing shrouded by a light stand of native trees. These trees sit on the crest of an escarpment where the views over the top of a huge rainforest valley will astound you. The boundary of this property is formed by a century old, manmade water race which captured and gravity fed water to the highly important waterwheels in Waratah Town. Good rainfall, red soils, mainly level block, township life, 45 minutes to Burnie.
The size of Waratah is approximately 120.3 square kilometres. It has 4 parks covering nearly 15.3% of total area. The population of Waratah in 2011 was 300 people. By 2016 the population was 235 showing a population decline of 21.7% in the area during that time. The predominant age group in Waratah is 60-69 years. Households in Waratah are primarily childless couples and are likely to be repaying under $300 per month on mortgage repayments. In general, people in Waratah work in a labourer occupation. In 2011, 78.9% of the homes in Waratah were owner-occupied compared with 81.7% in 2016.
Waratah has 429 properties. Over the last 5 years, Houses in Waratah have seen a 83.78% increase in median value, while Units have seen a 204.93% increase. As at 31 October 2024:
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