871 Lilydale RoadUnderwood TAS 7268
Property Details for 871 Lilydale Rd, Underwood
Last Listing description (September 2025)
Imagine waking up to the sounds of the bush, with nothing but birdsong and fresh country air surrounding you. Just 18 minutes from Launceston, this 53.6-acre retreat offers the best of both worlds - peaceful seclusion while still being close to the city.
At the heart of the property sits a large, cleared space, perfectly positioned to take in sweeping views. It's ready and waiting for your vision, whether that's building your dream family home or creating a private getaway (STCA). A permit was previously approved for a spacious 4-bedroom, 2-bathroom home, giving you a head start on turning ideas into reality.
With the land zoned Rural, the opportunities are wide open. Two large water tanks are already on site, ready to connect to your build, and the space lends itself to all kinds of possibilities-from a stunning home base to an AirBnB hideaway tucked into the landscape.
If you've been searching for a slice of land where you can escape, unwind, and create a lifestyle that's truly your own-this is it.
*Peter Lees Real Estate has used a variety of sources to obtain information relating to this property. We believe all are reliable sources and have no reason to doubt the accuracy of the information, however we cannot guarantee it. Prospective purchasers are advised to make their own enquiries.
Boundary lines are indicative only.
Property History for 871 Lilydale Rd, Underwood, TAS 7268
- 21 Aug 2025Listed for Sale $335,000 - $365,000
- 24 Jun 2024Listed for Sale Offers around $350,000
- 25 Jun 2009Sold for $75,000
Recent sales nearby
See more recent sales nearbyAbout 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.
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