SOLD
Sold on 09 Nov 2023 for $850,000

8 Christina Court
Geilston Bay TAS 7015

Bedrooms: 1
Bathrooms: 1
Car spaces: -
Floor area: 41m2
Land area: 701m2
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Property Details for 8 Christina Ct, Geilston Bay

8 Christina Ct, Geilston Bay is a 1 bedroom, 1 bathroom House and was built in 1975. The property has a land size of 701m2 and floor size of 41m2. While the property is not currently for sale or for rent, it was last sold in November 2023. There are other 1 bedroom House sold in Geilston Bay in the last 12 months.

Building Type
House
Year Built
1975
Floor Size
41m2
Land Size
701m2
Local Government
Clarence
Lot/Plan
177/5535

Last Listing description (February 2024)

Located in the popular suburb of Geilston Bay is this great opportunity to purchase a significant investment property with great rental return.

These three units deliver a total annual yield of approximately 5.6% with excellent long-term tenants already in place. This property is low maintenance with each unit containing one bedroom and one bathroom and an open living area & kitchen.

Unit 1 - $325 per week - No fixed term

Unit 2 - $330 per week - No fixed term
Unit 3 - $330 per week - Expires 22/09/2024

The units are located in a great location in a private cul-de-sac and just 12 minutes to the Hobart CBD, surrounded by local schools and close to public transport, services, cafes and restaurants.

You don't want to miss out on this great opportunity on a great low maintenance investment property so please don't hesitate to contact Nick Cowley today.

Property History for 8 Christina Ct, Geilston Bay, TAS 7015

A timeline of how this property has performed in the market
Last Sold
$850,000
09 Nov 2023
  • 09 Nov 2023
    Sold for $850,000
  • 30 Aug 2023
    Listed for Sale $900,000
  • 25 Jun 2023
    Listed for Sale Not Disclosed
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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, 69 properties were sold in the past 12 months in Geilston bay.

Suburb Insights for Geilston Bay 7015

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Contact agent
Nick Cowley
Show contact details
Ray White Hobart
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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.