98 Derwent Ave, Geilston Bay is a 3 bedroom, 1 bathroom House and was built in 1956. The property has a land size of 789m2 and floor size of 133m2. While the property is not currently for sale or for rent, it was last sold in November 2015.
Brimming with potential this much-loved home is being offered to the market for the very first time. Generously proportioned throughout, the home features a large open lounge with sensational views over Mount Wellington, the Derwent River and into Geilston Bay. Adjoining the lounge is a lovely dining area and functional kitchen with loads of storage. The bathroom is neatly presented with shower and separate toilet. Accommodation is provided by two bedrooms upstairs, the main is very spacious with built-in robes and has fantastic water views. Downstairs is a third bedroom or home office with separate access from outside.
The large terraced yard has fantastic benefits including a bird aviary, greenhouse and a large shed previously used as a cattery. With all essential services within walking distance, including the ever-popular Lindisfarne Village, this property is perfectly situated.
- Superb views and lots of potential
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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