242 Lookout Road, Port Arthur, TAS 7182 | Property Value & History | OnTheHouse
OFF MARKET

242 Lookout Road
Port Arthur TAS 7182

Bedrooms: -
Bathrooms: -
Car spaces: 3
Land area: 191400m2
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Property Details for 242 Lookout Rd, Port Arthur

Building Type
Land
Land Size
191400m2
Local Government
Tasman
Lot/Plan
1/122990

Last Listing description (June 2020)

This 19.14 hectare block with North-Eastern aspect overlooks the stunning bays of the Port Arthur area. These include; Carnarvon Bay, Isle of the Dead, Stinking Bay (despite the name truly beautiful), Denmans Cove and more.

Consisting nearly 50 acres of prime rural land with two main spring fed waterholes that have had water even over the most extreme summer conditions. Although mostly pasture there are two main groups of trees, one in a small gully giving a serene nature setting and the other along the top boundary.


With a north eastern aspect this well fenced land would make an ideal site for a vineyard or other primary growing venture. For those seeking a sea/tree change it would also make a stunning rural/sea retreat home site. Given the lack of accommodation in this area a prudent investor may also use the land to develop accommodation (stca).

This property is only minutes from Port Arthur and Nubeena and is approx. a 1.15-hour drive from Hobart. The Tasman Peninsula is booming and with all the services and amenities now on offer such as the renowned 3 Capes Walk, Pennicott Boat Tours, Port Arthur Historic site, ever increasing restaurants, food and drink producers, land of this calibre is highly sought after.

Disclaimer: Phillip Wells is also the agent and owner of 242 Lookout Road, Port Arthur.

Fenced, 2 spring fed dams, cleared with 2 wooded areas, stunning views from the East to the North, all day sunshine.

Property History for 242 Lookout Rd, Port Arthur, TAS 7182

A timeline of how this property has performed in the market
Last Sold
$340,000
15 Jun 2020
  • 15 Jun 2020
    Sold for $340,000
  • 26 Feb 2019
    Listed for Sale Offers over $365,000
  • 19 Jan 2017
    Sold for $265,000
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About Port Arthur 7182

The size of Port Arthur is approximately 56.5 square kilometres. There are 5 parks, covering nearly 31.3% of the total area. The population of Port Arthur in 2016 was 251 people. By 2021 the population was 247 showing a population decline of 1.6% in the area during that time. The predominant age group in Port Arthur is 70-79 years. Households in Port Arthur are primarily childless couples and are likely to be repaying $600 - $799 per month on mortgage repayments. In general, people in Port Arthur work in a trades occupation.In 2021, 72.00% of the homes in Port Arthur were owner-occupied compared with 83.30% in 2016.

Port Arthur has 446 properties. Over the last 5 years, Houses in Port Arthur have seen a 33.12% increase in median value. As at 30 June 2026:

  • The median value for Houses in Port Arthur is $565,573 while the median value for Units is $391,082.
There are currently 8 properties listed for sale, and no properties listed for rent in Port arthur on OnTheHouse. According to Cotality's data, 13 properties were sold in the past 12 months in Port arthur.

Suburb Insights for Port Arthur 7182

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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.