The Lookout - Lot 1 659 Lilydale Road (approx 36 Hectares) $259,000 Your own 88 acres of seclusion (approx.) Mostly bush just 15 minutes from Launceston We have on offer the opportunity of a lifetime. This parcel of land with all the hard work done. Situated just 15 km from the CBD of Launceston, a short 15 minute drive. Excellent views to the city of Launceston This lot has been upgraded, with excellent roads off Lilydale main road that has been thoughtfully laid to ensure very easy access all parts of the property A Bushfire Hazard Assessment done with nominated building envelope to erect a home or shed. Power is connected to the roadside. The property is well supplied with water through natural rainfall and ample opportunity to develop dams. No need to go cold during winter as there is an abundance of firewood or an income. Just think of the possibilities, motor bike riding, horses,4wd tracks or just enjoy the peace and quiet Zoning Rural Resource. Ring Tony today to arrange an inspection. All offers considered The Escape - Lot 2 659 Lilydale Road (approx 77 Hectares) $259,000 Your own 190 acres of seclusion (approx.) Mostly bush just 15 minutes from Launceston We have on offer the opportunity of a lifetime. This parcel of land with all the hard work done. Situated just 15 km from the CBD of Launceston, a short 15 minute drive. This lot has been upgraded, with excellent roads off Lilydale main road that has been thoughtfully laid to ensure very easy access all parts of the property A Bushfire Hazard Assessment done with nominated building envelope to erect a home or shed. Power is connected to the roadside. The property is well supplied with water through natural rainfall and ample opportunity to develop dams. No need to go cold during winter as there is an abundance of firewood or an income. Just think of the possibilities, motor bike riding, horses,4wd tracks or just enjoy the peace and quiet Zoning Rural Resource. Ring Tony today to arrange an inspection. All offers considered Property Code: 104
The size of Underwood is approximately 89.7 square kilometres. It has 8 parks covering nearly 47.9% of total area. The population of Underwood in 2016 was 363 people. By 2021 the population was 391 showing a population growth of 7.7% in the area during that time. The predominant age group in Underwood is 50-59 years. Households in Underwood are primarily childless couples and are likely to be repaying $1400 - $1799 per month on mortgage repayments. In general, people in Underwood work in a professional occupation.In 2021, 93.40% of the homes in Underwood were owner-occupied compared with 87.00% in 2016.
Underwood has 198 properties. Over the last 5 years, Houses in Underwood have seen a 43.71% increase in median value. As at 31 December 2025:
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