SOLD
Sold on 29 Sep 2023 for $840,000

62 Otago Bay Road
Otago TAS 7017

Bedrooms: 3
Bathrooms: 2
Car spaces: 3
Floor area: 178m2
Land area: 905m2
Sold By
Joel Nielsen
EIS Property
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Property Details for 62 Otago Bay Rd, Otago

62 Otago Bay Rd, Otago is a 3 bedroom, 2 bathroom House with 3 parking spaces and was built in 1991. The property has a land size of 905m2 and floor size of 178m2. While the property is not currently for sale or for rent, it was last sold in September 2023. There are other 3 bedroom House sold in Otago in the last 12 months.

Building Type
House
Year Built
1991
Floor Size
178m2
Land Size
905m2
Local Government
Clarence
Lot/Plan
60/215665

Last Listing description (December 2023)

Showcasing panoramic water and mountain views, this generously proportioned home is warm and inviting. The flexible floorplan is well-designed and offers comfortable contemporary living, and Otago is a locale sought after by savvy purchasers seeking the luxury of peace and tranquility amongst picturesque waterfront surrounds, all within easy reach of local amenities.

An expansive open plan space accommodating casual living, dining and kitchen forms the heart of the home. The kitchen is well-equipped with quality stainless steel appliances, to make entertaining family and friends a breeze.

Adjacent to the entry foyer is the formal living and dining room. Extensive glazing in this part of the home captures the ever-changing vista beyond. Glass sliders open onto the covered balcony to create seamless indoor/outdoor living and a place to relax outdoors and take in the views.

The private master suite has a walk-in robe and ensuite bathroom. Two further double bedrooms are serviced by the central family bathroom with separate bath and shower. A large laundry completes the floorplan on the upper level and the staircase to the ground floor reveals a huge garage and storage area, ideal for the handyman/tinker.

Outside, the home is surrounded by easy care landscaped gardens, with further scope for the green thumb to add their own garden beds. Additional off-street parking is available in the driveway.

Otago is uniquely positioned close to the shops, schools and services of both the Eastern Shore and Hobart's CBD, being just a short drive from both via alternative routes. This quality home is impressive in every way and offers a relaxed lifestyle with convenience in spades.

House size: 265m2 approx.
Land size: 908m2 approx.

Property History for 62 Otago Bay Rd, Otago, TAS 7017

A timeline of how this property has performed in the market
Last Sold
$840,000
29 Sep 2023
  • 29 Sep 2023
    Sold for $840,000
  • 17 Apr 2023
    Listed for Sale Offers over $849,000
  • 13 Sep 2022
    Listed for Sale Offers Over $895,000
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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 11.53% increase in median value. As at 31 July 2024:

  • The median value for Houses in Otago is $803,038 while the median value for Units is $569,032.
There are currently 1 property listed for sale, and no properties listed for rent in Otago on OnTheHouse. According to CoreLogic's data, 13 properties were sold in the past 12 months in Otago.

Suburb Insights for Otago 7017

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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.