OFF MARKET

21 Spitfarm Road
Opossum Bay TAS 7023

Bedrooms: 2
Bathrooms: 1
Car spaces: 2
Floor area: 108m2
Land area: 121400m2
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Last updated 16 Sep 2024
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Property Details for 21 Spitfarm Rd, Opossum Bay

21 Spitfarm Rd, Opossum Bay is a 2 bedroom, 1 bathroom House with 2 parking spaces and was built in 1920. The property has a land size of 121400m2 and floor size of 108m2. While the property is not currently for sale or for rent, it was last sold in March 2017.

Building Type
House
Year Built
1920
Floor Size
108m2
Land Size
121400m2
Local Government
Clarence
Lot/Plan
1/174778

Last Listing description (April 2017)

Situated less than 100 metres walk from the secluded enclave of Opossum Bay beach is this remarkable 51 acre holding on 2 titles.
It sits in an elevated position above the seaside town and gently rises to about 70 metres above sea level. There is a 20 metre wide access onto Spitfarm Road that leads to the 3 bedroom cottage and farm buildings in a close yet beautifully private position.
The views have to be seen to be believed. From virtually anywhere on the property the entire western shore of the Derwent River can be seen, from Dennes Point on Bruny Island in the south to Hobart, the Tasman Bridge and Mount Wellington in the north and all points in between.

The farm has been growing garlic and seed cabbages using water from a bore and has also grown olives, oats and pink eye potatoes.
An extraordinary investment or development opportunity as large parcels such as this rarely, if ever, come to market.

Property History for 21 Spitfarm Rd, Opossum Bay, TAS 7023

A timeline of how this property has performed in the market
Last Sold
$825,000
08 Mar 2017
  • 08 Mar 2017
    Sold for $825,000
  • 20 Jan 2017
    Listed for Sale Contact Agent
  • 30 Jun 2009
    Sold for $198,000

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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.

Suburb Insights for Opossum Bay 7023

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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.