481 Priestleys Lane, Birralee, TAS 7303 | Property Value & History | OnTheHouse
 
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481 Priestleys Lane
Birralee TAS 7303

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Land area: 2092000m2
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Property Details for 481 Priestleys Lane, Birralee

Building Type
Commercial
Land Size
2092000m2
Local Government
Meander Valley

Last Listing description (January 2024)

Conveniently located between Launceston and Deloraine is this timbered 516 acres (approx.), currently a Private Timber Reserve operated as a sustainable timber harvesting operation.

Timber coverage consists of mainly Eucalyptus Oblique (Brown Top Stringy Bark), Eucalyptus Ovata (Swamp Gum), Eucalyptus Amygdalina (Black Peppermint), Eucalyptus Viminalis ( White Gum), along with some under story plants and native grasses.

Animal Habitat includes Wombats, Wallabies, Possums, Quolls and Tasmanian Devils.

The property itself has gentle undulation, along with some elevated areas, graveled access and an extensive road network internally.

A Private Timber Reserve (PTR) is land set aside for growing trees for the production of timber, but a landowner is not forced to actually harvest the trees and a PTR can be revoked giving confidence to prospective purchasers who are more interested in conservation values. Alternatively, those purchasers interested in future harvesting can enjoy the protection offered them by a PTR.

Situated in a strong growth corridor, it would be ideal for building a weekender (STCA) or parking a caravan and just enjoying the outdoors.

An ideal land bank for investment in the future.

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Property History for 481 Priestleys Lane, Birralee, TAS 7303

A timeline of how this property has performed in the market
  • 09 Feb 2023
    Listed for Sale By Negotiation
  • 13 Nov 2014
    Listed for Sale Not Disclosed
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About Birralee 7303

The size of Birralee is approximately 43.3 square kilometres. It has 3 parks covering nearly 7.4% of total area. The population of Birralee in 2016 was 182 people. By 2021 the population was 177 showing a population decline of 2.8% in the area during that time. The predominant age group in Birralee is 50-59 years. Households in Birralee are primarily couples with children and are likely to be repaying $1000 - $1399 per month on mortgage repayments. In general, people in Birralee work in a managers occupation.In 2021, 91.60% of the homes in Birralee were owner-occupied compared with 91.50% in 2016.

Birralee has 103 properties. Over the last 5 years, Houses in Birralee have seen a 63.75% increase in median value. As at 30 November 2025:

  • The median value for Houses in Birralee is $699,451 while the median value for Units is $485,089.
There are currently no properties listed for sale, and no properties listed for rent in Birralee on OnTheHouse. According to Cotality's data, 5 properties were sold in the past 12 months in Birralee.

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