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.
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 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:
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