7372 Channel Hwy, Cygnet is a 4 bedroom, 2 bathroom House with 2 parking spaces and was built in 1905. The property has a land size of 7082m2 and floor size of 182m2. While the property is not currently for sale or for rent, it was last sold in January 2026. There are other 4 bedroom House sold in Cygnet in the last 12 months.
Situated just 1km from the heart of Cygnet, this generous two-storey family residence rests on approximately 2 acres (8,089sqm) of clear, near-level land, enjoying expansive views over the tranquil waters of Port Cygnet. Zoned General Residential, the property offers exciting development potential (STCA), including possibilities for 16 unit development on the subdivided lot of 5574sqm and potential further development potential (STCA) on the balance lot of 2515sqm which includes the existing residence and the 9m x 9m shed. All the hard work for the subdivision has been done with minimal expense required to finalise.Bathed in sunlight year-round, the charming weatherboard home features four spacious bedrooms-each with built-in robes-and two well-appointed bathrooms. The open-plan kitchen and dining area includes a cosy sitting space, while a separate living room flows seamlessly onto a covered patio, ideal for entertaining and relaxing. In the evenings, relax in the front room and watch the Aurora Australis dance across the sky with your favourite beverage.Upstairs, elevated water views provide a beautiful backdrop, enhancing the appeal of this inviting home. Comfort is ensured throughout the seasons with a wood fire heater and a fully ducted Daikin heating and air conditioning system. Outbuildings include a double garage, a substantial 9m x 9m shed/workshop, and multiple garden and storage sheds. Positioned toward the front corner of the property, the home leaves a large expanse of land open and accessible, with excellent road frontage-perfect for future access points if developing.Essential services including power, water, and sewer are all available at the roadside boundary. Enjoy the convenience of being close to shops, cafes, restaurants, schools, sports clubs, and recreational facilities, along with easy access to the water for boating and fishing.This is a rare opportunity to secure a prime parcel of land with a comfortable home and significant development potential in one of Tasmania's most popular lifestyle towns.
The size of Cygnet is approximately 57.5 square kilometres. It has 8 parks covering nearly 18.0% of total area. The population of Cygnet in 2016 was 1556 people. By 2021 the population was 1742 showing a population growth of 12.0% in the area during that time. The predominant age group in Cygnet is 10-19 years. Households in Cygnet are primarily childless couples and are likely to be repaying $1000 - $1399 per month on mortgage repayments. In general, people in Cygnet work in a professional occupation.In 2021, 73.50% of the homes in Cygnet were owner-occupied compared with 71.10% in 2016.
Cygnet has 1,044 properties. Over the last 5 years, Houses in Cygnet have seen a 40.04% increase in median value, while Units have seen a 32.33% increase. As at 31 January 2026:
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