2865 Grassy Rd, Grassy is a 4 bedroom, 1 bathroom House with 1 parking spaces and was built in 1950. The property has a land size of 1122m2 and floor size of 144m2.This Property is currently listed for sale with Harcourts King Island
Situated in Grassy on King Island, this four-bedroom residence is set on a generous 1,122sqm block and offers a balance of classic charm, practical living, and modern convenience. With long-term growth potential and ample scope for future improvements if desired, this property presents an excellent opportunity for investors seeking strong rental demand, or owner-occupiers looking for space and versatility.The home offers 141sqm of practical living space, appealing to families, tenants requiring additional room, or shared living arrangements. Three of the bedrooms are generously sized, complemented by a central bathroom where a new sink and vanity, and a new toilet are available to be installed. There is an additional toilet located in the spacious laundry at the opposite end of the home.Low maintenance throughout, the residence features polished hardwood flooring across much of the home, adding warmth and durability. The large, functional kitchen and dining area is well suited to everyday living and includes gas heating and a new oven.A comfortable living room is warmed by a large wood heater, ensuring cosy winter living. Outside, the fully fenced backyard provides excellent versatility-ideal for entertaining, gardening, pets, or creating a private outdoor retreat.Completing the property is an on-site garage, suitable for vehicle storage or use as a workshop.
The size of Grassy is approximately 14.5 square kilometres. There are 6 parks, covering nearly 15.2% of the total area. The population of Grassy in 2016 was 139 people. By 2021 the population was 121 showing a population decline of 13.0% in the area during that time. The predominant age group in Grassy is 30-39 years. Households in Grassy are primarily childless couples and are likely to be repaying $1000 - $1399 per month on mortgage repayments. In general, people in Grassy work in a labourer occupation.In 2021, 60.00% of the homes in Grassy were owner-occupied compared with 62.50% in 2016.
Grassy has 161 properties. Over the last 5 years, Houses in Grassy have seen a 97.09% increase in median value. As at 30 June 2026:
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