OFF MARKET

16 Rainbow Terrace
Opossum Bay TAS 7023

Bedrooms: -
Bathrooms: -
Car spaces: -
Land area: 1148m2
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Property Details for 16 Rainbow Tce, Opossum Bay

Building Type
Land
Land Size
1148m2
Local Government
Clarence
Lot/Plan
3/114291

Last Listing description (March 2021)

Situated in the peaceful seaside township of Opossum bay is this generous internal land allotment. Build your dream home or holiday house and start making lifelong memories!

Opossum Bay is a tranquil family friendly coastal community home to many holiday houses, permanent residents and plenty of outdoor activities for all.

Exceptional location within a short walk to the beach, boat ramp and shops, this is an amazing opportunity to secure a rare, large parcel of land near to the water.

Zoned Village allowing residential use.

- Rare opportunity in Opossum Bay to purchase near to the beach
- Close to beach, boat ramp and shops
- Sunny allotment
- Gently sloping land provides beautiful water views
- Approximately 30 minutes to the Hobart Airport

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Property History for 16 Rainbow Tce, Opossum Bay, TAS 7023

A timeline of how this property has performed in the market
Last Sold
$260,000
08 Mar 2021
  • 08 Mar 2021
    Sold for $260,000
  • 03 Mar 2021
    Listed for Sale Offers Over $245,000
  • 25 Jun 2016
    Sold for $90,000
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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 68.91% increase in median value. As at 31 August 2024:

  • The median value for Houses in Opossum Bay is $790,515 while the median value for Units is $485,759.
  • Houses have a median rent of $480.
There are currently 3 properties listed for sale, and 1 property 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.

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