OFF MARKET

412 Port Sorell Road
Wesley Vale TAS 7307

Bedrooms: -
Bathrooms: -
Car spaces: -
Floor area: 104m2
Land area: 402000m2
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Property Details for 412 Port Sorell Rd, Wesley Vale

Building Type
Land
Floor Size
104m2
Land Size
402000m2
Local Government
Latrobe
Lot/Plan
2/69086

Last Listing description (July 2021)

Elders is pleased to offer for sale Pipers and Preservene located only minutes from the city of Devonport, in North West Tasmania. The properties total 80.27ha (40.07ha and 40.2ha respectively) for sale by Expressions of Interest closing 18 August 2021.

These outstanding properties are in the heart of the renowned Wesley Vale district, boasting highly productive and fertile soils, an idyllic coastal climate, secure irrigation water and only minutes from the City of Devonport.


The Wesley Vale area is arguably one of the highest producing areas of Tasmania. The country is suited to intensive horticulture, vegetables, potatoes, poppies, pyrethrin and a deserve range of other cropping options available to high quality holdings such as this.

The properties boast reliable rainfall of 775mm spread well over the year. To compliment this reliable rainfall the properties, have a total water licence of 137.5ML (81 ML and 56.5ML respectively), dams are well structured and positioned, centrally. Additional irrigation water would also potentially be available from the Sassafras Wesley Vale Irrigation Scheme (SWIS).

Rural properties of this high calibre and productivity rarely present themselves to the market.

KEY FEATURES
High quality soils
Reliable rainfall 775mm
137.5 ML irrigation water available with opportunities for expansion.
Secure boundary fencing
Outstanding location
Opportunity for the development of a residence (STCA)

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Property History for 412 Port Sorell Rd, Wesley Vale, TAS 7307

A timeline of how this property has performed in the market
Last Sold
$1,200,000
15 Mar 2017
  • 23 Jul 2021
    Listed for Sale Expressions of Interest
  • 15 Mar 2017
    Sold for $1,200,000
  • 16 Nov 2012
    Listed for Sale $1,600,000

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About Wesley Vale 7307

The size of Wesley Vale is approximately 28.7 square kilometres. The population of Wesley Vale in 2011 was 438 people. By 2016 the population was 442 showing a population growth of 0.9% in the area during that time. The predominant age group in Wesley Vale is 60-69 years. Households in Wesley Vale are primarily childless couples and are likely to be repaying $1000 - $1399 per month on mortgage repayments. In general, people in Wesley Vale work in a managers occupation. In 2011, 81.3% of the homes in Wesley Vale were owner-occupied compared with 80.8% in 2016.

Wesley Vale has 247 properties. Over the last 5 years, Houses in Wesley Vale have seen a 100.10% increase in median value, while Units have seen a 99.78% increase. As at 31 August 2024:

  • The median value for Houses in Wesley Vale is $672,814 while the median value for Units is $460,091.
There are currently 1 property listed for sale, and no properties listed for rent in Wesley vale on OnTheHouse. According to CoreLogic's data, 5 properties were sold in the past 12 months in Wesley vale.

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