Situated towards the end of popular Grevillea Avenue, this property offers a blank canvas to design your own home, capitalising on spectacular views over the river Derwent and Mount Wellington.
Approximately 973sqm in size with the possibility of a unit development (STCA), the property is situated at the end of a private no through street and only 22 minutes to Hobart CBD.
The size of Old Beach is approximately 23.5 square kilometres. It has 5 parks covering nearly 3% of total area. The population of Old Beach in 2011 was 3,169 people. By 2016 the population was 3,775 showing a population growth of 19.1% in the area during that time. The predominant age group in Old Beach is 50-59 years. Households in Old Beach are primarily couples with children and are likely to be repaying $1400 - $1799 per month on mortgage repayments. In general, people in Old Beach work in a clerical occupation. In 2011, 86.6% of the homes in Old Beach were owner-occupied compared with 84.1% in 2016.
Old Beach has 2,118 properties. Over the last 5 years, Houses in Old Beach have seen a 24.53% increase in median value, while Units have seen a 44.19% increase. As at 30 September 2024:
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