73 Derwent Avenue, Geilston Bay, TAS 7015 | House for sale | OnTheHouse
 
FOR SALE
Offers over $2,450,000

73 Derwent Avenue
Geilston Bay TAS 7015

Bedrooms: 4
Bathrooms: 3
Car spaces: 4
Floor area: 365m2
Land area: 1256m2
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Impressive waterfront residence

'Karinya' built in 1900 and positioned on a generous waterside allotment of 1256sqm showcasing stunning views of Geilston Bay, is an impressive historic home that seamlessly combines classic original features with sympathetically implemented contemporary updates throughout. The expansive floorplan offers convenience with a self-contained apartment on the lower ground floor which is currently running as a successful Airbnb and provides flexibility as guest accommodation, space for older relatives or teenagers, or as an additional income stream.
Extensive double glazing in the living wing captures mesmerising water views, drawing the outside in. Comprising the generous living room with feature gas fireplace, and dining, family and kitchen adjacent, both spaces have French doors opening onto the sheltered verandah to create seamless indoor/outdoor living and a place to sit and admire the yachts on the water beyond. A second sitting room and sunroom provide valuable additional living space away from the main hub of the home.
The private master suite on the upper level has a walk-in wardrobe and ensuite bathroom with floor heating. A second bedroom, laundry and powder room complete the floorplan on this level. Downstairs there is kitchen/dining and lounge area in addition to two double bedrooms both with walk-in wardrobe and ensuite.
Moulded skirting boards and architraves, high ceilings and original Baltic Pine floorboards enhance the ambience of the home, whilst a pellet fire heater, reverse cycle air-conditioning and solar panels ensures modern amenity. The double garage with storage provides additional convenience.
Offering direct access to tranquil local walking tracks, this home is only minutes from the shops and amenities of Lindisfarne Village and a short ten minute drive into Hobart's CBD. A substantial holding set amongst idyllic surrounds, this is an exceptional opportunity to acquire an impressive property in a tightly held locale.

Property Details for 73 Derwent Ave, Geilston Bay

73 Derwent Ave, Geilston Bay is a 4 bedroom, 3 bathroom House with 4 parking spaces and was built in 1900. The property has a land size of 1256m2 and floor size of 365m2. The place is currently for sale with Elders Tasmania.

Building Type
House
Year Built
1900
Floor Size
365m2
Land Size
1256m2
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About Geilston Bay 7015

The size of Geilston Bay is approximately 7.3 square kilometres. It has 14 parks covering nearly 22.4% of total area. The population of Geilston Bay in 2016 was 3050 people. By 2021 the population was 3461 showing a population growth of 13.5% in the area during that time. The predominant age group in Geilston Bay is 30-39 years. Households in Geilston Bay are primarily childless couples and are likely to be repaying $1800 - $2399 per month on mortgage repayments. In general, people in Geilston Bay work in a professional occupation.In 2021, 81.50% of the homes in Geilston Bay were owner-occupied compared with 80.70% in 2016.

Geilston Bay has 1,630 properties. Over the last 5 years, Houses in Geilston Bay have seen a 39.37% increase in median value, while Units have seen a 37.89% increase. As at 31 October 2025:

  • The median value for Houses in Geilston Bay is $757,220 while the median value for Units is $528,431.
  • Houses have a median rent of $620 while Units have a median rent of $583.
There are currently 12 properties listed for sale, and no properties listed for rent in Geilston bay on OnTheHouse. According to Cotality's data, 80 properties were sold in the past 12 months in Geilston bay.

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Abi Freeman
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Elders Tasmania
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