771 Prossers Rd, Underwood, TAS 7268 sold on 16 September 2025 | OnTheHouse
SOLD
Sold on 16 Sep 2025 for $825,000

Prossers Road
Underwood TAS 7268

Bedrooms: 2
Bathrooms: 1
Car spaces: 3
Land area: 681895m2
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Property Details for 771 Prossers Rd, Underwood

771 Prossers Rd, Underwood is a 2 bedroom, 1 bathroom House with 3 parking spaces and was built in 2019. The property has a land size of 681895m2. While the property is not currently for sale or for rent, it was last sold in September 2025. There are other 2 bedroom House sold in Underwood in the last 12 months.

Building Type
House
Year Built
2019
Land Size
681895m2
Local Government
Launceston
Lot/Plan
1/246868

Last Listing description (January 2026)

"Solas" - Old French translation " A place to provide, comfort, peace and pleasure".
An incredible chance of a lifetime, 10 years in the making, complete with permits and 65% has already been completed, only requiring your final and personal touches to build your home (complete plans included) or even an ECO resort - now or in the future!
Zoned 22 - "Landscape Conservation" very rare zoning indeed, a spantuclar 168.50 acres in total, including a 17 acres permit "living area" section (as per attached site plan), set aside for buildings, development, actives, etc. Solas has it all, two mountain peaks that are over 500m high with increasable panoramic views across Launceston and Tamar river / valley, four distinct forest types, including a rainforest, all with elevated panoramic views across the Tamar Valley, several campsites, parking bays, 5 Km's of walking tracks, temporary living quarters with heating. Outbuildings for temporary living include composting toilet, gas hot water, shower, kitchen, workshops and storage. Fully signed off plans for a 3 bedroom, 2 bathroom residence. Where else would be with Wedge Tail Eagles flying above and many other rare birds, 200-year-old trees underpin the forest structure. Plus, an ecologist's survey notes of extensive array of flora (over 65 species identified) and a healthy range of native fauna.

This could be your very own private residential paradise, set in a magnificent conservation forest, with the added bonus if you wish a add a commercial venture. This is a unique property, untouched and a rare opportunity.

Completed works so far:
*Roads, quad bike trails, walking tracks with numerous sitting areas. 5 km in total.
*Cleared and landscaped camping sites with communal area.
*Two sheds built 2018, joined by a double carport. One used as a workshop, one a temporary kitchen, both with mezzanine storage. 23,000 litre rainwater storage.
*Second building built 2020, 2 rooms - office and living quarters.
*Fire fighting 10,000 Lt water tank, pump and hoses as per regulations.
*Planning documents Completed - Bushfire report, Covenant Form, Nature Conservation Plan, Wastewater Design, Soil Testing. Original DA allows small ecotourism use.
*Temporary Occupancy Permit to March 2025 whilst still building. Easily refreshed once the final residence / home commences.
*Note: Due to health issues, the reason for this sale, the main house module on the master plan is pegged out but not constructed. Complete home construction plans, elevators and engineering comes with the property. Can be changed if this design does not suit.
*Satellite internet and mobile 4G - 3 bars coverage, full council refuse services Council rates $1,200.00 per year, NO Taswater bills.
* Note: The 17 acres of living area is in the photo section, shaped like a peanut, incorporating parts of both mountains with breathtaking views, this is the area you can further develop.
An extensive list of maintenance and development plant and equipment, including a registered Triton 4WD, registered 6 x 4 trailer, Suzuki Quad bike and trailer, brush cutters, chainsaws, tools, and many other useful items that could be included in the price.

Well, there you have it, your own Eco paradise just 20 minutes' drive to Launceston on sealed roads, call me - Peter H. Today!

"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. Please note, photos are indicative of the property only."

Property History for 771 Prossers Rd, Underwood, TAS 7268

A timeline of how this property has performed in the market
Last Sold
$825,000
16 Sep 2025
  • 16 Sep 2025
    Sold for $825,000
  • 14 Jul 2025
    Listed for Sale Offers Over $799,000.00
  • 01 Apr 2014
    Sold for $110,000
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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 44.99% increase in median value. As at 31 July 2026:

  • The median value for Houses in Underwood is $968,045 while the median value for Units is $513,238.
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.

Suburb Insights for Underwood 7268

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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.