137 Otago Bay Rd, Otago is a 4 bedroom, 2 bathroom House with 8 parking spaces and was built in 1994. The property has a land size of 10153m2 and floor size of 262m2. While the property is not currently for sale or for rent, it was last sold in November 2019.
This generously proportioned home in the sought after suburb of Otago offers sweeping views of the River Derwent and Mount Wellington. Set within approximately 1 hectare of landscaped gardens, this well presented ,impressive home is designed with contemporary family living in mind.
Built on one level, the multiple living spaces provide flexibility in the floorplan. The spacious open plan living area of the kitchen, dining and lounge form the heart of the home.
The privately positioned, spacious master bedroom offers an ensuite bathroom and walk in robe. At the opposite end of the house are two double bedrooms, one with walk in robe and the other with a spacious built in robe. Adjacent to these are the central family bathroom, separate WC and laundry. All bedrooms provide beautiful views of the front garden and the River Derwent. Wood heating combines with a heat transfer system to ensure a cosy environment during the cooler months.
The size of Otago is approximately 5.4 square kilometres. It has 2 parks covering nearly 52.9% of total area. The population of Otago in 2011 was 556 people. By 2016 the population was 570 showing a population growth of 2.5% in the area during that time. The predominant age group in Otago is 50-59 years. Households in Otago are primarily childless couples and are likely to be repaying $2400 - $2999 per month on mortgage repayments. In general, people in Otago work in a professional occupation. In 2011, 95.3% of the homes in Otago were owner-occupied compared with 92.5% in 2016.
Otago has 272 properties. Over the last 5 years, Houses in Otago have seen a 6.69% increase in median value. As at 31 October 2024:
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