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

50 Powers Road
Underwood TAS 7268

Bedrooms: 4
Bathrooms: 1
Car spaces: 2
Floor area: 221m2
Land area: 109000m2
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Last updated 7 Sep 2026
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Property Details for 50 Powers Rd, Underwood

50 Powers Rd, Underwood is a 4 bedroom, 1 bathroom House with 2 parking spaces and was built in 1990. The property has a land size of 109000m2 and floor size of 221m2. While the property is not currently for sale or for rent, it was last sold in May 2025.

Building Type
House
Year Built
1990
Floor Size
221m2
Land Size
109000m2
Local Government
Launceston
Lot/Plan
1/39699

Last Listing description (June 2025)

50 Powers Rd Underwood is only 20 minutes from Launceston and yet you feel like you are in another world. Elevated and sunny, located on the side of a hill with outstanding views across the lush north eastern valley region, this double storey Cape Cod style home, includes wrap around bull nose verandas, to give summer shade, and full sun in winter.The home is a lovely design, with a new kitchen, open plan dining area and an outstanding walk-in pantry for all the produce from your veggie garden.The main living area, master bedroom, guest bedroom, bathroom and laundry are all on the lower level, whilst upstairs offers 2 bedrooms and perfect for 2-3 children who would love their own living area for playing, or to watch movies.The home is heated throughout with a reverse cycle heat pump, and a cosy wood fire. Most of the downstairs area is double glazed.The 10.9 Ha, ( 27 acres) of land located on the side of the hill, is dense rainforest with a protective covenant on approx 10 acres of the title to ensure nature, flora and fauna are left at peace. At the bottom of the title is an ever flowing creek with protected and endangered burrowing crayfish.The garden area of approximately 1 acre is fully fenced and easy care. There is plenty of wood that can be cut and used for the wood fire that is not under covenant.If you are the type of person who enjoys a quiet lifestyle, communing with nature, listening to the abundant bird life, and eagles soaring , then this might be just the type of property that you are looking for. After a busy day at work and a short commute to home, you can be sure that you can relax and unwind without any interruptions - if you turn your phone off!The home is on rain tank water, a septic tank, 16 solar panels to the grid, and 3 solar hot water panels. Also a double carport extra high for a large caravan or boat, and large fully functional lock up workshop.Services include -Local school at Lilydale from Kinder to grade 10.School bus to Lilydale or to Launceston.Lilydale historic township only 4 kms away, offers post office, banking facilities, local Tavern, petrol, gardening supplies, IGA, Doctor, takeaway and good coffee/cafe.Rates $1,800 PA - Launceston City Council.For the pleasure of an inspection on this outstanding property, please call Sharon Fahey.Key2 Property have obtained all information in the document from sources we believe to be reliable; however, we cannot guarantee its accuracy. Prospective purchasers are advised to carry out their own investigations.

Property History for 50 Powers Rd, Underwood, TAS 7268

A timeline of how this property has performed in the market
Last Sold
$850,000
15 May 2025
  • 15 May 2025
    Sold for $850,000
  • 07 May 2025
    Listed for Sale $850,000
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About Underwood 7268

The size of Underwood is approximately 89.7 square kilometres. There are 8 parks, covering nearly 47.9% of the 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 199 properties. Over the last 5 years, Houses in Underwood have seen a 32.30% increase in median value. As at 31 August 2026:

  • The median value for Houses in Underwood is $901,954 while the median value for Units is $542,405.
There are currently no properties listed for sale, and no properties listed for rent in Underwood on OnTheHouse. According to Cotality's data, 5 properties were sold in the past 12 months in Underwood.

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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.