OFF MARKET

8 Rainbow Terrace
Opossum Bay TAS 7023

Bedrooms: 3
Bathrooms: 1
Car spaces: 2
Floor area: 129m2
Land area: 1123m2
Estimated Value & Rent
Estimated Value
Estimated Rent
Confidence
Last updated 18 Nov 2024
Low

High
Save

Property Details for 8 Rainbow Tce, Opossum Bay

8 Rainbow Tce, Opossum Bay is a 3 bedroom, 1 bathroom House with 2 parking spaces and was built in 1992. The property has a land size of 1123m2 and floor size of 129m2. While the property is not currently for sale or for rent, it was last sold in December 2021.

Building Type
House
Year Built
1992
Floor Size
129m2
Land Size
1123m2
Local Government
Clarence
Lot/Plan
4/35063

Last Listing description (December 2021)

Situated in a friendly seaside town and only a short distance to stunning beaches is this lovely three bedroom home in a quiet location with amazing mountain and water views. The home itself sits on a large 1123m2 block, is very spacious and ready for your family to move in and enjoy.

Inside, the lounge is well proportioned, is light and bright, captures plenty of sun, and is warmed by a corner wood heater. The kitchen features an open bar straight into the lounge, a breakfast bar, and has ample bench and cupboard space.

Accommodation is provided by three generous sized rooms, two featuring built in robes. All serviced by a main bathroom with shower and a bath, separate toilet and large laundry area.

There is a separate study area, perfect for setting up an office space or use your creativity to utilise this space as you wish.

From the living areas you can head out to the large deck that wraps around the home and is covered which makes this perfect for enjoying all year round. The backyard is large with plenty of space to wander and enjoy another huge sun-drenched decked and paved area with inbuilt timber seating, ideal for entertaining guests, hosting a BBQ or kicking back and enjoying the sun and relaxed lifestyle this suburb has to offer. There is a studio which could be used as an art room, music room, 'man cave', home office or shed. There is an undercover area beside the studio which provides an additional recreational space which lends itself to an outdoor gym, games or year-round entertaining area. There is also double tandem garage with additional storage parallel to the garage, a garden shed, and a gorgeous children's cubby house.

Located in the booming suburb of Opossum Bay, on the South Arm Peninsula. This area boasts a coffee shop, Primary school, parks, boat ramps, jetties, gorgeous beaches, pharmacy, golf course, local RSL community club, post office, hair salon, general stores, gym, community centre, the proposed Arm End golf course, and gorgeous coastal walking tracks. It is only a 20 minutes' drive to Lauderdale and 40 minutes' drive to Hobart CBD.

- Family home on a large 1132m2 block
- Spacious & sunny position
- Friendly seaside suburb
- Generous sized lounge warmed by a wood heater
- Kitchen with ample bench & cupboard space
- Three generous sized bedrooms
- Additional study area
- Studio cottage perfect to utilise as you wish
- Undercover wrap around deck
- Huge sun drenched timber deck
- Tandem double garage
- Close to stunning beaches
- Short drive to South Arm and all its amenities
- Rental Assessment: $470 - $520 p/w

Property History for 8 Rainbow Tce, Opossum Bay, TAS 7023

A timeline of how this property has performed in the market
Last Sold
$685,000
11 Dec 2021
  • 11 Dec 2021
    Sold for $685,000
  • 03 Dec 2021
    Listed for Sale Offers Over $595,000
  • 16 Feb 2009
    Sold for $250,000
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 3 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.