OFF MARKET

88 Derwent Avenue
Geilston Bay TAS 7015

Bedrooms: 3
Bathrooms: 2
Car spaces: 5
Floor area: 155m2
Land area: 857m2
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Property Details for 88 Derwent Ave, Geilston Bay

88 Derwent Ave, Geilston Bay is a 3 bedroom, 2 bathroom House with 5 parking spaces and was built in 1975. The property has a land size of 857m2 and floor size of 155m2. While the property is not currently for sale or for rent, it was last sold in March 2015.

Building Type
House
Year Built
1975
Floor Size
155m2
Land Size
857m2
Local Government
Clarence
Lot/Plan
9/64837

Last Listing description (May 2015)

This versatile house has such a beautiful feel it has to be seen and felt to fully comprehend what a glorious property this is. There is only so much real estate in the country with water and mountain views like this, and it is only 8 minutes drive to the Hobart CBD.
The house is designed to maximize warmth, light and the stunning scenery, which can be viewed from almost every room. The kitchen and open plan living area is always warm and sunny and the views are incredible. While at the kitchen bench you look out at yachts bobbing in Geilston Bay and the undeveloped hills on the other side. You may see the Mona Ferry cruise past. A large deck with huge sliding doors makes breakfast or a vino after work so pleasurable and makes the area seem so much bigger.
A lot of time has been spent in the back garden, which actually backs on to the Natone Hill walking track. This adjacent undeveloped land in its natural state (rather than houses) is a major advantage to this property. The large terraced and mulched garden, beautifully fenced and completely dog proof is totally private and very quiet. There is a garden shed. There is a paved area for entertaining and when in this area it seems impossible that the city is so close. There is an office next to the master bedroom with plumbing beneath which could be made into an ensuite with minimal effort. The master bedroom has huge timber windows that look straight out onto the water, a walk-in wardrobe, and reverse cycle air conditioner. The other bedroom on this level has a large window that looks straight out onto the gorgeous garden and the sloping ceilings give a feeling of space and height. Downstairs is used at the moment for guests. It is huge, with a living room, bedroom (again with stunning views) and a bathroom. This property costs little to heat, there are windows everywhere and the northwesterly aspect capitalizes on the sun and the view. It is very warm in winter, a great advantage in Tasmania!

The home has an abundance of storage, all bedrooms have massive built in wardrobes. The house is carpeted throughout. (The owner even has enough left over to carpet a new room should one ever be built.) There is a garage (large enough to double as a workshop) and a carport.
This property is unique; it is in a superb location and very close to shops, schools, services and the CBD. The views and scenery are divine. It is a family home with a walking track behind it and a foreshore-walking track just below it. If you have a boat it can be moored a short walk from home. Sports fields are a short walk away, as is the yacht club. Iconic Mount Wellington and the Derwent River form a tranquil vista at any hour of the day. There is a park nearby and two bus stops just below the house.
As an investment it can only appreciate, as homes with views such as this become harder to find. It is ideal for families, perfect for children and the haven that retirees deserve. Gardeners or anyone wanting to grow vegetables will be delighted. If you are looking for a property in one of Hobart s fastest growing areas, (a high demand area) you absolutely must look inside this unique property. The owner fell in love with it instantly and feels it is good for her soul and one of the best lifestyle choices she has made; she is only moving (reluctantly) to be closer to her family.

Property History for 88 Derwent Ave, Geilston Bay, TAS 7015

A timeline of how this property has performed in the market
Last Sold
$415,000
31 Mar 2015
  • 31 Mar 2015
    Sold for $415,000
  • 06 Dec 2014
    Listed for Sale $400,000+
  • 27 Sep 2014
    Listed for Sale 445000
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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.

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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.