5 Banksia Street, Grassy, TAS 7256 | Property Value & History | OnTheHouse
OFF MARKET

5 Banksia Street
Grassy TAS 7256

Bedrooms: 2
Bathrooms: 1
Car spaces: 1
Floor area: 103m2
Land area: 1145m2
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Property Details for 5 Banksia St, Grassy

5 Banksia St, Grassy is a 2 bedroom, 1 bathroom House with 1 parking spaces and was built in 1937. The property has a land size of 1145m2 and floor size of 103m2. While the property is not currently for sale or for rent, it was last sold in January 2024.

Building Type
House
Year Built
1937
Floor Size
103m2
Land Size
1145m2
Local Government
King Island
Lot/Plan
155/112916

Last Listing description (January 2022)

This property of 2038m2 is situated on Banksia Street, with views out over the lush rolling hills of our pristine farm land and an ocean glimpse. It is relatively flat and already has a concrete slab in place, making it ready to go! Just a 25 minute drive from Currie, the block is perfectly situated for someone looking to build a new home or investment property, capitalising on the quite streets of Grassy. Just a short 2 minute walk from the block is the Grassy football oval and kids playground, and down the hill a little further is the Grassy Club and the Wild Harvest Restaurant.

Property History for 5 Banksia St, Grassy, TAS 7256

A timeline of how this property has performed in the market
Last Sold
$350,000
25 Jan 2024
  • 25 Jan 2024
    Sold for $350,000
  • 06 Nov 2021
    Sold for $250,000
  • 18 Dec 2019
    Listed for Sale Expressions of Interest
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About Grassy 7256

The size of Grassy is approximately 14.5 square kilometres. It has 6 parks covering nearly 15.2% of 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 165 properties. Over the last 5 years, Houses in Grassy have seen a -6.18% decrease in median value. As at 30 November 2025:

  • The median value for Houses in Grassy is $204,395 while the median value for Units is $175,366.
There are currently 9 properties listed for sale, and no properties listed for rent in Grassy on OnTheHouse. According to Cotality's data, 3 properties were sold in the past 12 months in Grassy.

Suburb Insights for Grassy 7256

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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.