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Sold on 20 Aug 2024 - Price Unavailable

121A Dexter Street
Westbury TAS 7303

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Land area: 4251m2
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Property Details for 121a Dexter St, Westbury

Building Type
Land
Land Size
4251m2

Last Listing description (August 2024)

Set within the heart of the Meander Valley township of Westbury, 121a Dexter Street is a fantastic opportunity to advance the improvements of the current ownership.

This internal partly fenced block of just over an acre (4251m2) in size, has had a multiple dwelling development approved by Meander Valley Council in 2022. The application showcases seven 2 and 3 bedroom units ranging in size from 132m2 to 165m2. Under the planning scheme, a higher density development can be achieved with a minimum land per unit of 325m2.

The block is zoned general residential and is connected to all town services (water, sewer and storm water).

121a Dexter Street is within walking distance to Westbury Town Common, Village Green, recreation ground and the William Street shopping district.

Westbury is described by many as Australia's most English town, offering a charming streetscape of bluestone churches, inn's and restored historic buildings intertwined with modern homes and new subdivisions.

With a new IGA supermarket complex, a primary school and being only 20 minutes to Launceston CBD, Westbury is a fantastic township for a comfortable rural lifestyle but still being within an easy commutable distance to Launceston, Deloraine and/or Devonport for work and/or play.

121a Dexter Street is a turn key development site in a thriving rural township. For a copy of contract of sale, Development Application or Certificate of Title contact Nick Hay at Howell Property Group.

Facts:
Property ID: 9756209
Title Reference: 170123/1
Zoning: General Residential.
Council: Meander Valley.

If you are unable to view the property we are kindly offering virtual inspections. At this time, if there is anything that we can do to assist in making your buying experience, a positive one, please let us know.

Howell Property Group has no reason to doubt the accuracy of the information in this document which has been sourced from means which are considered reliable, however we cannot guarantee its validity. Prospective clients are advised to carry out their own investigations.

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Property History for 121a Dexter St, Westbury, TAS 7303

A timeline of how this property has performed in the market
Last Sold
20 Aug 2024
  • 20 Aug 2024
    Sold
  • 07 Feb 2024
    Sold for $475,000
  • 26 Sep 2023
    Listed for Sale Best Offer Over $475,000
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About Westbury 7303

The size of Westbury is approximately 93.4 square kilometres. It has 7 parks covering nearly 0.3% of total area. The population of Westbury in 2011 was 2,104 people. By 2016 the population was 2,018 showing a population decline of 4.1% in the area during that time. The predominant age group in Westbury is 60-69 years. Households in Westbury are primarily childless couples and are likely to be repaying $1000 - $1399 per month on mortgage repayments. In general, people in Westbury work in a professional occupation. In 2011, 76.1% of the homes in Westbury were owner-occupied compared with 74.5% in 2016.

Westbury has 1,299 properties. Over the last 5 years, Houses in Westbury have seen a 55.79% increase in median value, while Units have seen a 63.02% increase. As at 30 November 2024:

  • The median value for Houses in Westbury is $511,450 while the median value for Units is $373,681.
  • Houses have a median rent of $450 while Units have a median rent of $210.
There are currently 9 properties listed for sale, and no properties listed for rent in Westbury on OnTheHouse. According to CoreLogic's data, 62 properties were sold in the past 12 months in Westbury.

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