OFF MARKET

588 Nicholls Rivulet Road
Oyster Cove TAS 7150

Bedrooms: 3
Bathrooms: 2
Car spaces: 3
Floor area: 117m2
Land area: 574800m2
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Property Details for 588 Nicholls Rivulet Rd, Oyster Cove

Building Type
Rural
Year Built
1920
Floor Size
117m2
Land Size
574800m2
Local Government
Kingborough
Lot/Plan
1/132537

Last Listing description (July 2021)

Picturesque, private and peaceful living awaits the lucky new owners of this expansive acreage spanning two titles. A reinvigorated 1920s character home stands proud on the property and offers the serene sanctuary within easy reach of Hobart, Huonville and Bruny Island.

Whether you're dreaming of raising animals, breeding cattle, keeping horses, exploring opportunities in the timber reserve or simply relishing a slower-paced lifestyle surrounded by gorgeous rolling hills, this is for you. A gated driveway makes its way towards the home where a quaint covered porch and double-door entry welcome you inside. Here, you will find a warm and inviting interior with timber-clad walls and the potential for dual living. Currently one third of the home is very successfully Airbnb with a great supplementary income.

All three bedrooms run off the main hallway plus there's a main bathroom with a shower. A well-appointed kitchen is set in the heart of the home with direct access to the light-filled living room complete with a heat pump and a slow combustion fireplace.

A second living area is also on offer with direct access to a kitchenette/laundry and a second bathroom. Completing this impressive floorplan is the main laundry and a sunroom with lovely views out over the property. Numerous outbuildings are on hand to bring your farming aspirations to life including ample garage space, a stable, henhouse, machinery shed and so much more.

- Expansive acreage centrally located between Hobart, Huonville and Bruny Island
- Set over two titles with six dams, a private timber reserve and room to run cattle
- A reinvigorated 1920s family home with three bedrooms and two bathrooms
- Multiple living spaces, a kitchen and kitchenette with scope for dual-living
- A slow combustion heater, a heat pump, double glazing and ample insulation
- Two garages, a large carport, workshop, greenhouse and machinery shed
- A henhouse, stable, storage sheds, natural spring water and bore water supply
- Ideal location just 35 minutes from the hustle and bustle of Hobart

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Property History for 588 Nicholls Rivulet Rd, Oyster Cove, TAS 7150

A timeline of how this property has performed in the market
Last Sold
$1,180,000
17 May 2021
  • 17 May 2021
    Sold for $1,180,000
  • 23 Apr 2021
    Listed for Sale Offers over $1.25 million
  • 23 Nov 2016
    Sold for $570,000
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About Oyster Cove 7150

The size of Oyster Cove is approximately 19.9 square kilometres. It has 3 parks covering nearly 10.6% of total area. The population of Oyster Cove in 2011 was 985 people. By 2016 the population was 312 showing a population decline of 68.3% in the area during that time. The predominant age group in Oyster Cove is 50-59 years. Households in Oyster Cove are primarily childless couples and are likely to be repaying $1000 - $1399 per month on mortgage repayments. In general, people in Oyster Cove work in a professional occupation. In 2011, 84.7% of the homes in Oyster Cove were owner-occupied compared with 88.5% in 2016.

Oyster Cove has 171 properties. Over the last 5 years, Houses in Oyster Cove have seen a 62.52% increase in median value. As at 30 September 2024:

  • The median value for Houses in Oyster Cove is $874,452 while the median value for Units is $811,581.
There are currently 2 properties listed for sale, and no properties listed for rent in Oyster cove on OnTheHouse. According to CoreLogic's data, 3 properties were sold in the past 12 months in Oyster cove.

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