523 East Sassafras Road, Sassafras, TAS 7307 sold on 26 August 2025 | OnTheHouse
SOLD
Sold on 26 Aug 2025 for $7,900,000

523 East Sassafras Road
Sassafras TAS 7307

Bedrooms: 3
Bathrooms: 1
Car spaces: -
Floor area: 138m2
Land area: 898400m2
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Property Details for 523 East Sassafras Rd, Sassafras

Building Type
Rural
Year Built
1974
Floor Size
138m2
Land Size
898400m2
Local Government
Latrobe
Lot/Plan
1/124214

Last Listing description (June 2026)

'Spring Hill" is an outstanding property located in one of Tasmania's premier cropping livestock districts. Spring hill has been farmed by the Perry family for 67 years and has a history of exceptional crops some include potatoes, beans, peas, grains and pyrethrum.
Approximately 3000 lambs fattened their season plus cattle.
Outstanding irrigation supply of 232 meg from several dams with 3 main pumping point, 6' and 5' mains service all the cropping areas.

Approximately 133 hectare basset and loam soils.
An extensive range of farm buildings include shearing shed, sheep and cattle yards, potato storage shed, 600T, 4 machinery shed, workshop, 6 silos 224T capacity.
An extensively renovated 3 bedroom brick homestead plus adjoining s/c office-studio.

'Spring Hill' represents a rare opportunity to purchase such a high quality and versatile property in such a great location.

Inspection by appointment only.

Property History for 523 East Sassafras Rd, Sassafras, TAS 7307

A timeline of how this property has performed in the market
Last Sold
$7,900,000
26 Aug 2025
  • 26 Aug 2025
    Sold for $7,900,000
  • 27 Jun 2025
    Listed for Sale Expressions of Interest
  • 30 Jun 1995
    Sold for $640,000
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About Sassafras 7307

The size of Sassafras is approximately 153.3 square kilometres. There are 5 parks, covering nearly 39.4% of the 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 168 properties. Over the last 5 years, Houses in Sassafras have seen a 36.43% increase in median value, while Units have seen a 52.87% increase. As at 31 July 2026:

  • The median value for Houses in Sassafras is $691,745 while the median value for Units is $638,495.
There are currently 5 properties listed for sale, and no properties listed for rent in Sassafras on OnTheHouse. According to Cotality's data, 6 properties were sold in the past 12 months in Sassafras.

Suburb Insights for Sassafras 7307

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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.