OFF MARKET

118 Spitfarm Road
Opossum Bay TAS 7023

Bedrooms: 5
Bathrooms: 3
Car spaces: 4
Floor area: 280m2
Land area: 3094m2
Estimated Value & Rent
Estimated Value
Estimated Rent
Confidence
Last updated 11 Nov 2024
Low

High
Save

Property Details for 118 Spitfarm Rd, Opossum Bay

118 Spitfarm Rd, Opossum Bay is a 5 bedroom, 3 bathroom House with 4 parking spaces and was built in 1980. The property has a land size of 3094m2 and floor size of 280m2. While the property is not currently for sale or for rent, it was last sold in October 2012.

Building Type
House
Year Built
1980
Floor Size
280m2
Land Size
3094m2
Local Government
Clarence
Lot/Plan
100/141046

Last Listing description (November 2012)

purely magical!
Set in what is undoubtedly one of the most pristine waterfront locales in Tasmania is this truly sublime position offering title to the high water mark.
A classic Cape Cod design, this timeless residence will have immense appeal to purchasers requiring privacy and seclusion, an ever changing and relaxing panorama, and a quality residence whether you choose to use this property as a weekend hideaway or a full time residence. Set over two levels and enjoying breathtaking views of the River Derwent from most rooms, the lower level offers an abundance of living zones, a very well appointed kitchen with adjacent family area, separate formal dining area, and gorgeous lounge area with an abundance of windows bringing the views right inside. Bathed in sunshine and natural light, accommodation includes 5 bedrooms, three quality bathrooms and a number of elevated balconies on the upper level. Decorated with a sense of understated elegance, this classic and style filled residence is simply stunning.

Set on over 3000m2, with a pristine beach right on your door step, a waterfront holding such as this is a valuable commodity that is sought worldwide. Surrounded by established gardens and coastal plantings to ensure your privacy and seclusion, the property runs directly to the beach where the private boat shed is located. There are several decked entertaining areas that lead from the residence's living spaces, and of course all enjoy the stunning outlook from a number of vantage points. A beautiful formal garden also graces the front lawn area that has been the centre place for many formal and wedding celebrations. Also there is a separate three vehicle garage, workshop and numerous outbuildings.
With true waterfront positions such as this rarely offered, you can be assured of an astute investment here. Presently utilized by the owners as short term accommodation, guests from around the country and overseas, have revelled and relaxed in this idyllic beachside position. The fully self contained accommodation has an excellent level of bookings throughout the year. A simply outstanding opportunity should you only require the property at certain times of year, a high level of additional income can be generated with a minimum of stress or fuss.
Alternatively, this truly breathtaking residence would certainly be a fabulous family home, or executive retreat, only thirty minutes to Hobart. Enjoy walks and fishing from the Beach, relaxing sunsets and entertaining in this world class location.

Property History for 118 Spitfarm Rd, Opossum Bay, TAS 7023

A timeline of how this property has performed in the market
Last Sold
$890,000
12 Oct 2012
  • 12 Oct 2012
    Sold for $890,000
  • 17 Nov 2011
    Listed for Sale OFFERS OVER $950,000
  • 18 May 2009
    Sold for $1,000,000
Sign in to see more transactions

Commute Calculator

About Opossum Bay 7023

The size of Opossum Bay is approximately 4.6 square kilometres. It has 6 parks covering nearly 28% of total area. The population of Opossum Bay in 2011 was 327 people. By 2016 the population was 306 showing a population decline of 6.4% in the area during that time. The predominant age group in Opossum Bay is 50-59 years. Households in Opossum Bay are primarily childless couples and are likely to be repaying $1800 - $2399 per month on mortgage repayments. In general, people in Opossum Bay work in a professional occupation. In 2011, 80.4% of the homes in Opossum Bay were owner-occupied compared with 81.4% in 2016.

Opossum Bay has 381 properties. Over the last 5 years, Houses in Opossum Bay have seen a 69.30% increase in median value. As at 31 October 2024:

  • The median value for Houses in Opossum Bay is $765,152 while the median value for Units is $488,618.
  • Houses have a median rent of $480.
There are currently 4 properties listed for sale, and no properties listed for rent in Opossum bay on OnTheHouse. According to CoreLogic's data, 22 properties were sold in the past 12 months in Opossum bay.

Suburb Insights for Opossum Bay 7023

Market Insights
Opossum Bay Trends for Houses
Median Value

N/A

-
View Trend
Median Growth

N/A

View Trend
Median Rent

N/A

-
View Trend
Rental Yield

N/A

-
View Trend
Median Value: The middle value of all properties across the geography based on the Automated Valuation Model.


Median Value over 1 year
Opossum Bay Trends for Units
Median Value

N/A

-
View Trend
Median Growth

N/A

View Trend
Median Rent

N/A

-
View Trend
Rental Yield

N/A

-
View Trend
Median Value: The middle value of all properties across the geography based on the Automated Valuation Model.


Median Value over 1 year
Neighbourhood Insights
Age
Household
Occupancy
No data to show
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.