53 Derwent Ave, Geilston Bay is a 3 bedroom, 1 bathroom House with 1 parking spaces and was built in 1951. The property has a land size of 1116m2 and floor size of 140m2. While the property is not currently for sale or for rent, it was last sold in February 2012.
when position counts
A timeless beauty located in an elevated position to capture peaceful water views is on offer at this enviable location on the water side of the street. Upholding a tradition of excellence, this 1951 constructed home has been meticulously maintained and nurtured to provide comfort and everlasting beauty for families to enjoy.
Offering three large bedrooms, as well as a formal lounge which could easily transform to a fourth, there is plenty of room for growth and changing lifestyles. Simple touches set the style, with a generous sized kitchen capturing the stunning outlook through large windows through which streams of natural sunlight fill the room with warmth and light. This light is also engulfed within the generous living room which opens to a spacious family sized deck, ideal for entertaining and whiling away the hours after the days work. The bathroom has been updated and maintains the grandeur of size that was present in the era of construction. A palette of light colours complete the picture to present an address that will always be in style. Ample storage is available both inside and out, with loads of off street parking.
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 1,654 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:
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