449 Chapel Road, Sassafras, TAS 7307 | Property Value & History | OnTheHouse
 
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449 Chapel Road
Sassafras TAS 7307

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Property Details for 449 Chapel Rd, Sassafras

Building Type
Rural
Local Government
Latrobe
Lot/Plan
1/202835

Last Listing description (April 2025)

Your Gateway to Agricultural Prosperity

Positioned in the picturesque landscape of Sassafras lies an exceptional property offering a blend of agricultural prowess and poultry business success. Spanning approximately 248 acres, this expansive land parcel presents a golden opportunity for seasoned farmers and savvy investors alike.

At the heart of this property's allure is a thriving poultry business, boasting long-term contracts secured for two large, tunnel-operated ventilated sheds spanning 150m x 18m. With a floor space of combined 5400 sqm, stability and profitability are assured for the next six years. Complementing this, recent contracts on two smaller curtain-sided sheds spanning 90m x 12m with a floor space of 2160 sqm guarantee revenue for the next three years. This integrated approach to farming and poultry production not only enhances financial stability but also promotes soil health through the sale of chicken waste as an alternative fertilizer.

Adding to the allure is the potential of a renovated three-bedroom brick home, offering comfort and convenience amidst the rural beauty. The property's income-generating capabilities are further underlined by its diverse agricultural opportunities, promising a return on investment of 10%. Impressive crop yields, including peas averaging 13 tonnes per hectare and beans averaging 21 tonnes per hectare over the past four years, underscore its profitability and potential ROI.

Water security is paramount, with two dams boasting a combined capacity of 45 megaliters, an underground bore licensed for 206 megaliters, and an allocation of 20 megaliters from the scheme. Efficient irrigation systems, including Pivot and Linear Irrigation Systems covering 90% of the land, ensure optimal water distribution. Essential infrastructure such as machinery sheds, hay barns, and irrigation runs further enhance operational efficiency.

With a storied history of agricultural success dating back generations, including award-winning crop productions and livestock operations, this property represents more than just an investment-it's a gateway to a thriving farming legacy. Don't miss this rare opportunity to own a piece of rural paradise and cultivate your vision for a prosperous future.

Positioned approx. 248 acres of prime Sassafras land
Successful poultry business with 6 year and 3 year contracts secured
6 year secured contracts : 2 large sheds tunnel operated ventilated sheds 150m x 18m (Floor space 5400 sqm)
3 year secured contracts : 2 small sheds curtain sided sheds 90m x 12m (Floor space spanning 2160sqm)
2 pivot x 5 spans and 1 pivot x 4 spans Irrigation Systems
1 Linear Irrigation System extending 125 meters
7 Hard hose irrigation runs and several soft hose irrigation runs
2 Dams holding 45 megalitres plus Tullamona Creek in winter + 20 megalitres from the scheme
1 Bore run 24/7 with daily capacity of 1 megalitre per day with a lay flat hose for water return
There are 2 x 50 hp electric motors - 100x65x300 driven by VSD's for consistent irrigation
Extensive under ground irrigation system covers 90 % of the farm, ensuring water reaches areas beyond the Pivot's reach
Yields over 1000 Silage & Hay bales annually, 200 kept in the hay barn & 800 bales sold off the property each year
3 Bay Machinery Shed in a central location

Roberts Real Estate have obtained all information in this document from sources considered to be reliable; however, we cannot guarantee its accuracy.
Prospective purchasers are advised to carry out their own investigations. All measurements are approximate.

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Property History for 449 Chapel Rd, Sassafras, TAS 7307

A timeline of how this property has performed in the market
  • 21 Jan 2025
    Listed for Sale Contact Agent
  • 06 Sep 2024
    Listed for Sale Contact Agents
  • 25 Sep 2023
    Listed for Sale Contact Agents
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About Sassafras 7307

The size of Sassafras is approximately 153.3 square kilometres. It has 5 parks covering nearly 39.4% of total area. The population of Sassafras in 2016 was 347 people. By 2021 the population was 352 showing a population growth of 1.4% in the area during that time. The predominant age group in Sassafras is 40-49 years. Households in Sassafras are primarily childless couples and are likely to be repaying $1000 - $1399 per month on mortgage repayments. In general, people in Sassafras work in a managers occupation.In 2021, 72.60% of the homes in Sassafras were owner-occupied compared with 72.30% in 2016.

Sassafras has 167 properties. Over the last 5 years, Houses in Sassafras have seen a 77.19% increase in median value, while Units have seen a 120.53% increase. As at 31 January 2026:

  • The median value for Houses in Sassafras is $741,154 while the median value for Units is $638,495.
There are currently 2 properties listed for sale, and no properties listed for rent in Sassafras on OnTheHouse. According to Cotality's data, 3 properties were sold in the past 12 months in Sassafras.

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© Copyright 2026. RP Data Pty Ltd trading as Cotality (Cotality). All rights reserved. No reproduction, distribution, or transmission of the copyrighted materials is permitted. The information is deemed reliable but not guaranteed.

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