OFF MARKET

322 East Derwent Highway
Geilston Bay TAS 7015

Bedrooms: 2
Bathrooms: 1
Car spaces: 3
Floor area: 131m2
Land area: 991m2
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Property Details for 322 East Derwent Hwy, Geilston Bay

322 East Derwent Hwy, Geilston Bay is a 2 bedroom, 1 bathroom House with 3 parking spaces and was built in 1955. The property has a land size of 991m2 and floor size of 131m2. While the property is not currently for sale or for rent, it was last sold in January 2017.

Building Type
House
Year Built
1955
Floor Size
131m2
Land Size
991m2
Local Government
Clarence
Lot/Plan
1/205044

Last Listing description (March 2017)

This comfortable home is privately placed on an internal block opposite the Geilston Bay Recreation parklands. A neat home with generous proportioned rooms is awaiting new owners to come, renovate and reap rewards. Upon entry into a wide hallway you can see the potential. The floor plan consists of a separate lounge, separate dining and large kitchen with skylight, massive walk in pantry and excellent breakfast bar. Two generous sized bedrooms have excellent robes for storage. The bathroom has shower, vanity and 4 light tastic plus a separate toilet. Off the kitchen is the large laundry that accesses a concreted BBQ area with covered pergola - ideal for entertaining. Fully fenced level back yard with vegetable patch is ideal for children and family pets.
Situated on a level 991 sqm block this home may have potential for the development of Strata unit (STCA) or simply redevelop the existing home. Offering garden shed, 2 carports, single garage plus large workshop for the tradesman in the family.
Only a short stroll to the waterfront of Geilston Bay - 'Koomela Bay'. Close by is the Geilston Bay Boat Club, Venezia Italian Restaurant, waterfront walking tracks and recreation area all within a 15 minute drive (approx) to CBD

Further features:
New hot water cylinder
8 Solar panels
Solar Hot Water

Property History for 322 East Derwent Hwy, Geilston Bay, TAS 7015

A timeline of how this property has performed in the market
Last Sold
$348,000
15 Jan 2017
  • 15 Jan 2017
    Sold for $348,000
  • 03 Jan 2017
    Listed for Sale Offers over $345,000
  • 15 Jun 2005
    Sold for $240,000

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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 1,653 properties. Over the last 5 years, Houses in Geilston Bay have seen a 54.13% increase in median value, while Units have seen a 30.33% increase. As at 31 October 2024:

  • The median value for Houses in Geilston Bay is $682,014 while the median value for Units is $505,377.
  • Houses have a median rent of $555 while Units have a median rent of $568.
There are currently 5 properties listed for sale, and 1 property listed for rent in Geilston bay on OnTheHouse. According to CoreLogic's data, 68 properties were sold in the past 12 months in Geilston bay.

Suburb Insights for Geilston Bay 7015

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Disclaimer
Whilst all reasonable effort is made to ensure the information in this publication is current, CoreLogic does not warrant the accuracy or completeness of the data and information contained in this publication and to the full extent not prohibited by law excludes all for any loss or damage arising in connection with the data and information contained in this publication.