65 Morrison Avenue, Loorana, TAS 7256 | Property Value & History | OnTheHouse
OFF MARKET

65 Morrison Avenue
Loorana TAS 7256

Bedrooms: 4
Bathrooms: 2
Car spaces: -
Floor area: 169m2
Land area: 26798m2
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Property Details for 65 Morrison Ave, Loorana

65 Morrison Ave, Loorana is a 4 bedroom, 2 bathroom House and was built in 1940. The property has a land size of 26798m2 and floor size of 169m2. While the property is not currently for sale or for rent, it was last sold in May 2006.

Building Type
House
Year Built
1940
Floor Size
169m2
Land Size
26798m2
Local Government
King Island
Lot/Plan
1/144588

Last Listing description (May 2026)

Morrisons Avenue, Loorana, located on the idyllic King Island, Tasmania, represents a substantial land holding, moments from the main township of Currie and King Island Airport. This one of a kind holding offers a unique dual-pillar opportunity spread over three separate titles. Title one, located at 65 Morrison Avenue, incorporates 7 acres of land and boasts a sophisticated main residence with substantial equine infrastructure in place. Located at 45 Morrison Avenue, title two provides over 30 acres of quality grazing land, with title three, a fully approved DA in place for a commercial venture, including storage units and onsite undercover parking, providing for the burgeoning island capacity. The possibility of lifestyle and income do not come any better than this.

65 Morrison Avenue, at the heart of the portfolio, provides an extremely private homestead, reached via a quiet and secluded laneway to the residence. The main home boasts 4 large bedrooms, the main incorporating ensuite, walk in robe and views over the gardens and beyond. An open plan, light and bright living zone including the hub of any country home, the kitchen, casual dining and living rooms. The flow of the home is spacious and welcoming with views of the surrounding landscape beyond to sooth the soul.


This farm holding has abundant infrastructure, including an outdoor equine arena, hay barn and stables, workshop, sheds, studio / separate accommodation, established orchard, holding yards and more.

This property would suit a growing family, or anyone who would like the feeling of space and peacefulness only rural living can provide.

45 Morrison Avenue consists of two titles, with the first title proving approximately 33 acres of quality grazing land and good fencing. A perfect land size for holding horses, cattle or any other livestock that may take one's fancy.

The second title of approximately 5 acres within 45 Morrison Avenue parcel, is where the abundant future potential lies. With a fully approved DA in place for 28 storage units and 55 car parks … this title backs directly onto the island's airport … and provides the opportunity to quite literally have it all - a quiet and sophisticated rural holding, alongside a significant commercial asset with all the planning work done for you. This title is Utility Zoned and perfectly positioned to service airport logistics and local / fly-in, fly-out storage needs.

The combination of lifestyle and commercial asset are unrivalled here. For the astute purchaser, the opportunities are endless … further storage ( STCA ) into the future, or a perfect balance of income producing land and private residence.

King Island is an evolving and culturally aware island, primed for considered expansion. Morrisons Avenue, Loorana presents a significant opportunity to be part of that growth and evolution. With tourism via world renowned golf courses, surfing and natural produce, this holding is one not to be missed in a location not often found within the wider world today.

For any further information or to arrange an inspection at a time to suit your schedule, please contact Sue Gratton on 0407 599 559 or email - sue@circaheritageandlifestyle.com.au

Property History for 65 Morrison Ave, Loorana, TAS 7256

A timeline of how this property has performed in the market
Last Sold
$350,000
02 May 2006
  • 12 May 2026
    Listed for Sale CONTACT AGENT
  • 20 Jun 2025
    Listed for Sale $995,000
  • 02 May 2006
    Sold for $350,000
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About Loorana 7256

The size of Loorana is approximately 130.2 square kilometres. It has 8 parks covering nearly 15.0% of total area. The population of Loorana in 2016 was 120 people. By 2021 the population was 140 showing a population growth of 16.7% in the area during that time. The predominant age group in Loorana is 50-59 years. Households in Loorana are primarily couples with children and are likely to be repaying $1800 - $2399 per month on mortgage repayments. In general, people in Loorana work in a managers occupation.In 2021, 64.60% of the homes in Loorana were owner-occupied compared with 76.90% in 2016.

Loorana has 111 properties. Over the last 5 years, Houses in Loorana have seen a 26.78% increase in median value. As at 30 April 2026:

  • The median value for Houses in Loorana is $491,322.
There are currently 3 properties listed for sale, and no properties listed for rent in Loorana on OnTheHouse. According to Cotality's data, no properties were sold in the past 12 months in Loorana.

Suburb Insights for Loorana 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.