27 Napier StreetGeilston Bay TAS 7015
Property Details for 27 Napier St, Geilston Bay
Last Listing description (February 2024)
A rare opportunity to purchase a larger than average allotment of 1188m2 in Geilston Park, well suited to multiple dwellings (subject to council approval).
The total land size is approximately 1188m2 and an easement runs down the southern side prohibiting any improvements on this component.
The Usable building area is approximately 710m2 with the additional area very suitable to the required off street parking for any multiple dwelling scenario. The 710m2 alone is sufficient for planning scheme compliance for 2 dwellings, the easement area of 480m2 allowing a greater feel of space. This opportunity will not last long, please Contact Ben for any further information.
Property History for 27 Napier St, Geilston Bay, TAS 7015
- 23 Nov 2023Sold for $272,000
- 24 Jan 2023Listed for Sale Not Disclosed
- 09 Jul 2020Sold for $215,000
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About Geilston Bay 7015
The size of Geilston Bay is approximately 7.3 square kilometres. It has 14 parks covering nearly 22.4% of total area. The population of Geilston Bay in 2011 was 3,181 people. By 2016 the population was 3,047 showing a population decline of 4.2% in the area during that time. The predominant age group in Geilston Bay is 50-59 years. Households in Geilston Bay are primarily childless couples and are likely to be repaying $1400 - $1799 per month on mortgage repayments. In general, people in Geilston Bay work in a professional occupation. In 2011, 82.5% of the homes in Geilston Bay were owner-occupied compared with 80.7% in 2016.
Geilston Bay has 1,652 properties. Over the last 5 years, Houses in Geilston Bay have seen a 52.36% increase in median value, while Units have seen a 33.80% increase. As at 30 September 2024:
- The median value for Houses in Geilston Bay is $670,968 while the median value for Units is $507,069.
- Houses have a median rent of $555 while Units have a median rent of $525.
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