78 Derwent Ave, Geilston Bay is a 5 bedroom, 2 bathroom House with 1 parking spaces and was built in 1965. The property has a land size of 549m2 and floor size of 220m2. While the property is not currently for sale or for rent, it was last sold in August 2016.
Homes in this area are always sought after and this one will be no different. Situated in an elevated north facing position there are great views looking into the Geilston Bay waterfront and surrounding park lands. The home features a huge rumpus on the ground level with an ensuite and there is also a study/4th bedroom on this level.
Upstairs are three more double bedrooms, a sparkling spa bathroom and great open plan kitchen, dining and lounge with a deck off. There is a bus stop almost at the door and schools, shops, restaurants and waterfront are within easy walking distance. This home is very easy to live in and the neighbours are great so be quick to view.
Fantastic position on the bus route
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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