OFF MARKET

19 Oak Bank Road
Otago TAS 7017

Bedrooms: -
Bathrooms: -
Car spaces: -
Land area: 2502m2
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Property Details for 19 Oak Bank Rd, Otago

Building Type
Land
Land Size
2502m2
Local Government
Clarence

Last Listing description (February 2021)

An opportunity has arisen with this 2502m2 (approx.) block of land coming to the market in the much sought-after Otago area.

A lot of the groundwork has been done for you with a large portion of the block being levelled out and a concrete entrance with a compact gravel driveway entering from Otago Bay Road.

The water is already connected and with the new driveway there is plenty of room for building materials to be brought on to the property ready to start! The unique shape of the block encourages a contemporary house design, with the opportunity to bask in the beautiful views of the close by River Derwent and over to Mount Wellington.

The location is everything, being in close proximity to the Northern suburbs and Eastlands shopping centre and a 20-minute commute to the Hobart CBD, this is the perfect place to build your dream home

Fantastic location close to the city
Peaceful semi bush surroundings
Walking distance to the water's edge
Short drive to the Northern Suburbs and Eastern Shore precinct
Close proximity to local schools
On a direct bus route

This may well be the perfect opportunity to take advantage of the $45,000 Government grants currently available. Contact me today for more information.

Disclaimer: Information contained in this listing has been furnished to us from a number of sources including Tasmanian State Government Departments, Local Councils and the Vendor. We have not verified whether or not that information is accurate and do not have any belief one way or the other in its accuracy. We do not accept any responsibility to any person for its accuracy and do no more than pass it on. All interested parties should make and rely upon their own inquiries in order to determine whether or not this information is, in fact, accurate.

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Property History for 19 Oak Bank Rd, Otago, TAS 7017

A timeline of how this property has performed in the market
  • 07 Sep 2020
    Listed for Sale Offers Over $245,000
  • 01 Nov 2018
    Listed for Sale Offers Over $149,000

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About Otago 7017

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 273 properties. Over the last 5 years, Houses in Otago have seen a 22.27% increase in median value. As at 31 August 2024:

  • The median value for Houses in Otago is $818,668 while the median value for Units is $543,390.
There are currently 1 property listed for sale, and no properties listed for rent in Otago on OnTheHouse. According to CoreLogic's data, 12 properties were sold in the past 12 months in Otago.

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