336 Underwood Road, Underwood, TAS 7268 | Property Value & History | OnTheHouse
OFF MARKET

336 Underwood Road
Underwood TAS 7268

Bedrooms: -
Bathrooms: -
Car spaces: -
Floor area: 146m2
Land area: 82273m2
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Property Details for 336 Underwood Rd, Underwood

Building Type
Land
Floor Size
146m2
Land Size
82273m2
Local Government
Launceston
Lot/Plan
1/247383

Last Listing description (December 2021)

Located in one of the most beautiful areas of Tasmania, Underwood is recognised as one of the prettiest places to secure a property. Land is in this area is extremely scarce and rarely comes on the market.

The owner is selling lot 2 and a boundary adjustment is currently in process bringing the allotment to approx. 33.8 acres. (To be confirmed on title when completed).


The position is just perfect, bordering two sealed roads, and a dirt road that runs along the back of the block. Multiple house sites can be chosen with various entry points to suit. (STCA).

The land is zoned rural resources, and a BAL bushfire assessment has just been completed.
Water in this area is abundant. There is permanent spring water for livestock with a creek running through the land plus 2 dams.

The property is fully fenced into 3 paddocks. The fencing is excellent and includes electric fencing. The owner is currently running approximately 28 head of cattle.

The land is flat in parts, gently sloped and then runs up a steep hill into a small portion of bushed area. This area is suitable for cutting your own timber The and the property is well drained into the creek that runs through it.

Situated in a sunny position with commanding spectacular views of the valley - Mount Arthur is in the backdrop, which is dressed in white snow during winter.

The location is only 20 minutes from the Launceston CBD area, and just a 5-minute drive to Lilydale. Lilydale offers schooling from kinder to grade 10, a doctor, chemist, IGA, take-away store, hotel, petrol with rural hardware store, and of course good coffee.

This beautiful location is becoming fast sought-after, since Tasmania is becoming the place to be. It is the gateway to the world class Derby Bike Track and a thoroughfare to the North East coastal beaches, which are only approx. 30 - 45 minutes' drive away.
The new title to this property should be completed by mid-September 2021, and a contract can be signed prior to this date.

For further details please call, text or email Sharon Fahey.

Property History for 336 Underwood Rd, Underwood, TAS 7268

A timeline of how this property has performed in the market
  • 17 Mar 2021
    Listed for Sale $450,000 Negotiable
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About Underwood 7268

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:

  • The median value for Houses in Underwood is $859,647 while the median value for Units is $681,403.
There are currently no properties listed for sale, and no properties listed for rent in Underwood on OnTheHouse. According to Cotality's data, 8 properties were sold in the past 12 months in Underwood.

Suburb Insights for Underwood 7268

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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.