OFF MARKET

Sweetmans Road
Yolla TAS 7325

Bedrooms: -
Bathrooms: -
Car spaces: -
Land area: 714900m2
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Property Details for Lot 2 Sweetmans Rd, Yolla

Building Type
Rural
Land Size
714900m2
Local Government
Waratah-Wynyard
Lot/Plan
2/144111

Last Listing description (December 2021)

Here you will find 71 hectares (approximately) of land that meets the Cam River. There are approximately 26 hectares of Radiata plantation is 8 years old. Enjoy stunning views out over the valley through to the blue waters of Bass Strait. Offering a lucrative investment well on into the future:

River frontage of approximately one kilometre accessed by a formed but unmade track and there is potential to build an off-the-grid "retreat" close to the river (STCA).

Of the total area of 71.49 hectares, 27 ha is prime agricultural land. The return of the trees at maturity should well exceed the last harvest of about $600k. The government valuation of land is $319k. The insured value from Jardine of 27 ha of Pine Radiata at age 8 is $194k. There is a residue of native timber which can be easily harvested. Over the years the current owners have found this investment avenue very rewarding. Here you can invest in land, enjoy the beautiful nature surrounds and sit pretty with an asset in trees!

Property History for Lot 2 Sweetmans Rd, Yolla, TAS 7325

A timeline of how this property has performed in the market
Last Sold
$480,000
02 Nov 2021
  • 02 Nov 2021
    Sold for $480,000
  • 29 Apr 2018
    Listed for Sale Best Offers Over $450,000

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About Yolla 7325

The size of Yolla is approximately 32.5 square kilometres. It has 2 parks covering nearly 0.1% of total area. The population of Yolla in 2011 was 337 people. By 2016 the population was 307 showing a population decline of 8.9% in the area during that time. The predominant age group in Yolla is 50-59 years. Households in Yolla are primarily childless couples and are likely to be repaying $1000 - $1399 per month on mortgage repayments. In general, people in Yolla work in a managers occupation. In 2011, 83.6% of the homes in Yolla were owner-occupied compared with 73.4% in 2016.

Yolla has 183 properties. Over the last 5 years, Houses in Yolla have seen a 101.57% increase in median value, while Units have seen a 214.44% increase. As at 31 August 2024:

  • The median value for Houses in Yolla is $495,705 while the median value for Units is $333,189.
There are currently 2 properties listed for sale, and no properties listed for rent in Yolla on OnTheHouse. According to CoreLogic's data, 5 properties were sold in the past 12 months in Yolla.

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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.