OFF MARKET

7/24 Dumbarton Drive
Geilston Bay TAS 7015

Bedrooms: 3
Bathrooms: 2
Car spaces: 1
Floor area: 92m2
Land area: 325m2
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Property Details for 7/24 Dumbarton Dr, Geilston Bay

7/24 Dumbarton Dr, Geilston Bay is a 3 bedroom, 2 bathroom Unit with 1 parking spaces and was built in 2022. The property has a land size of 325m2 and floor size of 92m2.

Building Type
Unit
Year Built
2022
Floor Size
92m2
Land Size
325m2
Local Government
Clarence

Last Listing description (August 2024)

This stunning brand-new unit in the highly desired suburb of Geilston Bay is one you won't want to miss.

With First Home Buyers paying $0 stamp duty, this could be a great entry into the property market. Alternatively, a great investment opportunity with an approximate rental assessment of $595 - $620 p/w or alternatively, perfect for those looking for the downsizer.

As you walk through the front door, you are welcomed into the north facing open plan living area which is light-filled with a neutral colour palette. The kitchen has been well-designed with quality appliances and has a large kitchen island.

The property has three good-sized bedrooms, the first bedroom being 3m x 3.3m, the neighbouring room is slightly larger at 3m x 3.7m and the room with internal access to the garage is 3.0m x 2.7m, perfect for a nursery or home office. All of the bedrooms contain fantastic built-in wardrobes and attract a great deal of light. The centre bathroom has a bath, separate shower and toilet with quality finishings throughout. There is also a second separate toilet towards the front entrance of the property for convenience.

There is an automatic single car garage providing internal access to the home and another off-street park. The yard is fully fenced, secure and low maintenance, providing a fantastic area to entertain family and friends.

Surrounded by a multitude of quality schools, just minutes away and located a short distance to Lindisfarne Village which provides all your local amenities, Woolworths supermarket, Banjos Bakery as well as restaurants and cafes. The property is just 7 minutes to Eastlands Shopping Centre and the Hobart CBD only a 15-minute commute, with frequent public transport close by to the city and Eastlands.

Property History for 7/24 Dumbarton Dr, Geilston Bay, TAS 7015

A timeline of how this property has performed in the market
  • 28 May 2023
    Listed for Sale Will Consider All Offers - guide $590,000

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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 1,654 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:

  • 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 6 properties listed for sale, and no properties listed for rent in Geilston bay on OnTheHouse. According to CoreLogic's data, 66 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.