Ram Island: Former builder Ralph Mansfield slashes asking price on private island

No. 1 Ram Island, Little Swanport was the most popular Tas property on realestate.com.au


High-profile former Mornington Peninsula builder Ralph Mansfield and wife Caralyn have shaved $1m+ off the asking price of their Tasmanian private island.

Between 1986-2018, Mr Mansfield ran a design and construction company, working for the likes of ex-Lord Mayor of Melbourne Ron Walker and his family; another former Melbourne Lord Mayor, architect Richard Meldrum; and clothing labels Billabong, Quiksilver and Surf Dive ‘n’ Ski.

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No. 1 Ram Island, Little Swanport was the most popular Tas property on realestate.com.au


Ram Island, East Coast Tas. Picture: Supplied


The kitchen and floating staircase to the second floor.


More than two decades ago, the Mansfields purchased the 26.7ha Ram Island and built a three-bedroom house there.

Last year, they put the island on the market with a $7m price tag which has now been reduced to $5m-$6m.

Peterswald for property’s Nick Morgan has the listing in conjunction with RT Edgar director James Hatzolos, who is handling inquiries from Victorian buyers.

Take in the serenity on your private deck.


The lounge room has a fireplace.


Inside the open dining and living space.


The off-the-gird house has 45kW diesel and 250,000L capacity water tanks.

Access to the Tasmanian mainland is minutes away via a private barge.

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“Having sold two other islands, Elizabeth Island and Sandstone Island, this particular island is a standout in terms of size and natural beauty and the residence on the island is first class,” Mr Hatzolos said.

Supplied Editorial Ram Island Little Swanport pics 1-2 of 2

Another look at the stunning house.


The house is the only one on Ram Island.


Elizabeth Island, which is roughly the size of Chadstone Shopping Centre, also sold at the beginning of the year for a seven-figure sum.

Measuring 26.1ha, Western Port Bay isle – which features 3km of coastline, two houses and two helipads – fetched more than $7m.


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