24 Rachel Crescent, Old Beach, TAS 7017 | Land for sale | OnTheHouse
 
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24 Rachel Crescent
Old Beach TAS 7017

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Land area: 3044m2
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Development Potential on a Rare 3,044m² Parcel

Set in the growing and highly sought-after suburb of Old Beach, 24 Rachel Crescent presents an outstanding opportunity to secure a substantial 3,044m² parcel of vacant land with exciting future potential.
Whether you're looking to build your dream home on an expansive allotment, explore subdivision possibilities, or investigate a multi-unit development site (STCA), this versatile property offers exceptional scope for a range of projects.
Positioned in an established residential area and surrounded by quality homes, the block combines the appeal of a peaceful lifestyle setting with the convenience of being just a short drive to local services, while remaining within easy reach of Hobart and the wider northern suburbs region.
Large parcels of land with this level of development potential are becoming increasingly difficult to find. Whether you're a developer, investor, or owner-builder with a vision, this is a rare chance to unlock the value of a significant holding in one of Southern Tasmania's most popular family-friendly communities.
Key Features:
• Expansive 3,044m² vacant allotment
• Potential for subdivision (STCA)
• Suitable for a multi-unit development (STCA)
• Generous scope for a substantial residential build
• Located in a thriving and fast-growing suburb
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Property Details for 24 Rachel Cres, Old Beach

Building Type
Land
Land Size
3044m2
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About Old Beach 7017

The size of Old Beach is approximately 23.5 square kilometres. There are 5 parks, covering nearly 3.0% of the total area. The population of Old Beach in 2016 was 3779 people. By 2021 the population was 4394 showing a population growth of 16.3% in the area during that time. The predominant age group in Old Beach is 30-39 years. Households in Old Beach are primarily couples with children and are likely to be repaying $1400 - $1799 per month on mortgage repayments. In general, people in Old Beach work in a clerical occupation.In 2021, 87.00% of the homes in Old Beach were owner-occupied compared with 84.10% in 2016.

Old Beach has 2,195 properties. Over the last 5 years, Houses in Old Beach have seen a 31.03% increase in median value, while Units have seen a 31.68% increase. As at 31 July 2026:

  • The median value for Houses in Old Beach is $817,844 while the median value for Units is $532,975.
  • Houses have a median rent of $645 while Units have a median rent of $500.
There are currently 16 properties listed for sale, and 3 properties listed for rent in Old beach on OnTheHouse. According to Cotality's data, 121 properties were sold in the past 12 months in Old beach.

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