OFF MARKET

51 Otago Bay Road
Otago TAS 7017

Bedrooms: 4
Bathrooms: 1
Car spaces: 6
Floor area: 186m2
Land area: 1501m2
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Property Details for 51 Otago Bay Rd, Otago

51 Otago Bay Rd, Otago is a 4 bedroom, 1 bathroom House with 6 parking spaces and was built in 1977. The property has a land size of 1501m2 and floor size of 186m2. While the property is not currently for sale or for rent, it was last sold in December 2020.

Building Type
House
Year Built
1977
Floor Size
186m2
Land Size
1501m2
Local Government
Clarence
Lot/Plan
1/29323

Last Listing description (January 2021)

Spacious and set in a quiet location this family home comprises four large bedrooms and two living areas. The downstairs bedroom is adjacent to one living room making the perfect retreat for parents or an extended family and is heated with a large freestanding wood heater. From this area you can head outside to the backyard and enjoy the water and mountain views.

The centrally located bathroom is on the second floor with a freestanding bath, separate shower and vanity, and, there is a separate toilet.


The extensive top floor lounge area provides an open plan living with electric heating plus access to the balcony where you can sit and take in the amazing views.

Flowing on through an archway is the dining area which is North facing and enjoys plenty of sun as does the functional kitchen has plenty of cupboard space. Again, the views can be enjoyed from these areas, there is always something to look at in the ever changing moods of the water.

This great property has right of way to the River Derwent, perfect if you have a boat and is on a bus route!

A short commute to Lindisfarne Village or over the bridge to Glenorchy City this home is currently tenanted with a secure and great tenant in place paying $510 per week until February 2021. Call for more information today!

The information contained herein has been supplied to us and we have no reason to doubt its accuracy, however, cannot guarantee it. Accordingly, all interested parties should make their own enquiries to verify this information.

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Property History for 51 Otago Bay Rd, Otago, TAS 7017

A timeline of how this property has performed in the market
Last Sold
$660,000
18 Dec 2020
Listed for Rent
$495/w
19 Feb 2018
  • 18 Dec 2020
    Sold for $660,000
  • 17 Apr 2020
    Listed for Sale $649,000
  • 08 Feb 2018
    Listed for Sale EXPRESSIONS OF INTEREST
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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 272 properties. Over the last 5 years, Houses in Otago have seen a 6.69% increase in median value. As at 31 October 2024:

  • The median value for Houses in Otago is $807,059 while the median value for Units is $558,087.
There are currently 4 properties listed for sale, and no properties listed for rent in Otago on OnTheHouse. According to CoreLogic's data, 6 properties were sold in the past 12 months in Otago.

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