OFF MARKET

55 Fairfield Road
Geilston Bay TAS 7015

Bedrooms: 3
Bathrooms: 1
Car spaces: 3
Floor area: 99m2
Land area: 832m2
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Property Details for 55 Fairfield Rd, Geilston Bay

55 Fairfield Rd, Geilston Bay is a 3 bedroom, 1 bathroom House with 3 parking spaces and was built in 1958. The property has a land size of 832m2 and floor size of 99m2. While the property is not currently for sale or for rent, it was last sold in September 2022.

Building Type
House
Year Built
1958
Floor Size
99m2
Land Size
832m2
Local Government
Clarence
Lot/Plan
19/59793

Last Listing description (September 2022)

Located in popular Geilston Bay is this charming & renovated three bedroom home offering an amazing development opportunity for savvy investors/developers. Concurrent approvals are in place for a one lot freehold subdivision AND a strata unit development. Those searching for a quality home and development potential in a popular and convenient location will not be disappointed! Welcome to 55 Fairfield Road - an opportunity not to be missed!

- Amazing opportunity for the investor/developer
- Concurrent approvals for a freehold allotment & strata unit development

- Full plans available for proposed three bedroom villa
- Beautifully renovated home in fantastic location
- Double glazed windows throughout
- Almost entirely re-plumbed & re-wired
- Sun-drenched property enjoying views of Mt Wellington
- Spacious living area and new kitchen
- Three bedrooms all with built-in wardrobes
- New kitchen with stone bench tops and quality appliances
- Renovated bathroom with bathtub and separate toilet
- Wood heater & reverse cycle heat pump for year round comfort
- Undercover outdoor patio and entertaining deck
- Fully fenced & secured yard with electric gate
- Enclosed backyard with neat landscaped gardens

All this is in walking distance to Lindisfarne North Primary School, the Geilston Bay Boat Club and recreation area, the Natone Hill Bush Reserve and just a stone's throw to popular Lindisfarne Village and all it has to offer including shops, schools, recreation facilities and buses and transport and just 10 minutes drive to Hobart's CBD.

Year Built: 1958
Construction: Weatherboard
Heating: Electric & Wood
Rent Appraisal: $550-$620 p/week approx.
Rates & Water: $3000 p/annum approx.

* The vendor reserves the right to accept offers prior to the advertised open home times.

* The information contained herein has been supplied to us and we have no reason to doubt its accuracy, however, cannot guarantee it. Accordingly, all interested parties should make their own enquiries to verify this information.

Property History for 55 Fairfield Rd, Geilston Bay, TAS 7015

A timeline of how this property has performed in the market
Last Sold
$810,000
23 Sep 2022
  • 23 Sep 2022
    Sold for $810,000
  • 05 Sep 2022
    Listed for Sale Offers Over $750,000
  • 08 Feb 2017
    Sold for $346,666

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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.