Aussie
>
Property
>
Tasmania
>
Launceston
>
Underwood
>

780 Lilydale Road, Underwood, TAS 7268

780 Lilydale Road, Underwood, TAS 7268

1 / 20

View floor plan

For sale

Offers Over $845,000

780 Lilydale Road, Underwood, TAS 7268

4

3

1.98m²

114m²

•

house - house: one storey / lowset

Map of 780 Lilydale Road, Underwood, TAS 7268, Underwood, Tasmania

Property Description

Listed on 8 Feb 2026

Set across a generous holding of almost five acres, this versatile lifestyle property offers space, privacy and infrastructure rarely found so close to Launceston. The main home is warm and inviting, with a comfortable living and dining area that opens out to a sheltered deck, perfect for entertaining. The kitchen is well appointed with ample bench and storage space and is positioned conveniently near the main bathroom. A single carport provides sheltered parking and direct access through to the laundry and additional toilet. Upstairs, two well-sized bedrooms provide comfortable accommodation, with large built-in storage in the main bedroom and the convenience of a separate toilet servicing this level. The property can support the delivery of NDIS-funded therapeutic services, with infrastructure designed around the safety, comfort and individual needs of participants. The layout and features of the property allow professional allied health and support services to be delivered in a calm, private and accessible environment that promotes dignity, regulation and wellbeing. A standout feature of the property is the expansive, professionally built arena (20x40), the scale and quality of this space make it a valuable lifestyle asset, complementing the broader functionality of the holding. Incorporated into this space is a well-appointed tack shed. Also included is a fully self-contained cottage that has been specifically set up for 1:1 Short Term Accommodation (STA) and respite. The cottage offers participants a homelike, low-stimulus setting that supports independence and choice, while still allowing for appropriate support and supervision when required. Clear separation between the main residence, therapy spaces and accommodation support's both participant privacy and professional practice standards. Additionally, a self-contained unit at the back of the primary house. This area has been well developed as a secondary independent living space, which also lends the property to multigenerational living. Extensive water infrastructure supports the land and improvements, with approximately 97,000 litres of storage servicing the residences, arena and surrounding grounds. Additional structures including a separate office, providing options for home-based work, hobbies or storage, shedding to further enhance the functionality of the property: currently used for hay storage, horse shelters, fenced paddocks. Peacefully located just 25 minutes from Launceston, this is a rare opportunity to secure a rural lifestyle property that balances space, infrastructure and adaptability, equally appealing to families, those seeking multi-generational living, short-term accommodation, equestrian use or continued NDIS support services. For further information or to arrange a private inspection, contact Lochie today. Disclaimer: We have, in preparing this information, used our best endeavours to ensure that the information contained herein is true and accurate, but accept no responsibility and disclaim all liability in respect of any errors, omissions, inaccuracies or misstatements that may occur. Prospective purchasers should make their own enquiries to verify the information contained herein.

Estimated value

Based on comparable sales, past sales and available property data

Property valuation, estimate, range and confidence score

Calculate property value

Rental income estimate and range

Calculate rental estimate

Property history

A breakdown of how regularly this property entered and exited the market for sale or lease.

Sold
Mar 2018

$210,000

Auction
Feb 2018

For Sale

Sold
Aug 1985

$7,000

Median house price trends

Comparing the price trend of houses in Underwood against the state of Tasmania over the last 4 years. Source: CoreLogic

Comparable properties

See what similar properties in the area are selling and listed for.

Aussie mobile app icon

Get the Aussie app

Unlock property insights, track your equity and maximise home ownership with Aussie.

Market activity

A snapshot of how quickly properties are selling in the area and how many are currently available.

N/A

House median days on market

N/A

Unit median days on market

N/A

Sold in last 12 months

N/A

Available in the last month

Underwood residents

Key characteristics of the residents in the area, view the full breakdown of the suburb here.

60+

Is the most common age range

Outright Owners

Most common occupant type

Couples

Most common household profile

Professionals

Most common occupation

Detached Houses

Most common property type

Buyers Agent

Find your perfect property with our buyer's agents

Streamline the home buying process, let us search over 11 million properties, analyse suburbs and expertly negotiate for you.

Learn More

Get a wider view

Widen your research to learn about the suburb, council or state that this property belongs to.

Underwood

View the suburb data

Launceston

View the council data

Tasmania

Get a view of the whole state

Explore surrounding suburbs

Learn about neighbouring suburbs to see if they are better suited to your budget or lifestyle.

Median House: $898,392

Median Unit: $407,630

Median House: $782,631

Median Unit: $578,800

Median House: $718,765

Median Unit: N/A

Median House: $634,935

Median Unit: $721,683

Median House: $865,295

Median Unit: $308,701

Median House: $810,547

Median Unit: N/A

Median House: $456,558

Median Unit: $415,510

Median House: $939,714

Median Unit: $245,298

Frequently asked questions

780 Lilydale Road is a House built in 1985 in Underwood, Tasmania. Review photos and floor plans for more detail on the construction and condition of the property.

The property at 780 Lilydale Road includes 4 bedrooms, 3 bathrooms and no assigned parking spaces.

780 Lilydale Road in Underwood has a land size of approximately 1.98 square metres and an internal floor area of around 114 square metres.

780 Lilydale Road in Underwood, Tasmania includes a range of local schools, shops, public transport options and community facilities that support day to day living.

As of 3/1/2018, the property at 780 Lilydale Road is recorded as sold.

Contact the agent

Lochie Reid

Living Here Launceston

Have property questions?

Evaluate the best mortgage offers and calculate your repayments.

Save time & money with a Buyer's Agent helping secure your property.