125B Main Street, Cressy, TAS 7302 | Property Value & History | OnTheHouse
OFF MARKET

125B Main Street
Cressy TAS 7302

Bedrooms: -
Bathrooms: -
Car spaces: -
Land area: 1505m2
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Property Details for 125b Main St, Cressy

Building Type
Land
Land Size
1505m2
Local Government
Northern Midlands

Last Listing description (June 2026)

Set right in the heart of Cressy, this generous 1505m parcel of land presents a standout opportunity for those looking to secure a sizeable, versatile block in a township that's quietly gaining momentum.

Cressy has seen steady growth in recent years, with increasing interest from buyers seeking a more relaxed lifestyle within easy reach of Launceston. The area has proven particularly attractive for unit developments and smart land banking, with several multi-dwelling projects already completed or underway - a clear sign of confidence in the township's future.

What makes this block truly appealing is its usability. Dead flat and offering an exceptionally long frontage, it lends itself perfectly to a range of development options (STCA), whether that's multiple units, a dual occupancy build, or simply creating a spacious home with room to move.

North-facing and perfectly positioned, this parcel enjoys all-day sun - a major advantage for future development or energy-efficient design. Services are conveniently connected at the front boundary, including Tas Networks power, town sewage, and stormwater, making the path to building or developing that much simpler. The block is fully fenced, giving it immediate definition and security while you plan your next move.

Opportunities like this - where size, position, and development potential all align - are becoming harder to find, particularly in growing regional communities like Cressy.

Property History for 125b Main St, Cressy, TAS 7302

A timeline of how this property has performed in the market
Last Sold
$220,000
20 Oct 2023
  • 20 Apr 2026
    Listed for Sale Offers Over $270,000
  • 20 Oct 2023
    Sold for $220,000
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About Cressy 7302

The size of Cressy is approximately 585.1 square kilometres. There are 5 parks, covering nearly 9.1% of the total area. The population of Cressy in 2016 was 1111 people. By 2021 the population was 1149 showing a population growth of 3.4% in the area during that time. The predominant age group in Cressy is 50-59 years. Households in Cressy are primarily childless couples and are likely to be repaying $1000 - $1399 per month on mortgage repayments. In general, people in Cressy work in a labourer occupation.In 2021, 66.30% of the homes in Cressy were owner-occupied compared with 66.00% in 2016.

Cressy has 583 properties. Over the last 5 years, Houses in Cressy have seen a 59.38% increase in median value. As at 31 May 2026:

  • The median value for Houses in Cressy is $465,977 while the median value for Units is $533,210.
  • Houses have a median rent of $425.
There are currently 2 properties listed for sale, and 2 properties listed for rent in Cressy on OnTheHouse. According to Cotality's data, 22 properties were sold in the past 12 months in Cressy.

Suburb Insights for Cressy 7302

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Cotality Copyright and Legal Disclaimers about Property Data
Disclaimer
The Cotality Data provided in this publication is of a general nature and should not be construed as specific advice or relied upon in lieu of appropriate professional advice.

While Cotality uses commercially reasonable efforts to ensure the Cotality Data is current, Cotality does not warrant the accuracy, currency or completeness of the Cotality Data and to the full extent permitted by law excludes all loss or damage howsoever arising (including through negligence) in connection with the Cotality Data.