11 Somerton Crescent, Derwent Park, TAS 7009 | Property Value & History | OnTheHouse
FOR RENT

11 Somerton Crescent
Derwent Park TAS 7009

Bedrooms: 3
Bathrooms: 1
Car spaces: 2
Floor area: 109m2
Land area: 971m2
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Property Details for 11 Somerton Cres, Derwent Park

11 Somerton Cres, Derwent Park is a 3 bedroom, 1 bathroom House with 2 parking spaces and was built in 1949. The property has a land size of 971m2 and floor size of 109m2.This Property is currently listed for rent with Harcourts Signature - Rosny Park

Building Type
House
Year Built
1949
Floor Size
109m2
Land Size
971m2
Local Government
Glenorchy
Lot/Plan
16/60710

Last Listing description (August 2025)

Well-presented and recently renovated, this three-bedroom home is located on a large and level approx. 971m2 parcel of land with wide (approx. 3m) driveway access & ideally suited to strata development*.

Currently occupied by an excellent long-term tenant, the property is returning $500 per week until January 2025 with scope to extend.

The home features an open plan kitchen, dining and living area, three generously sized bedrooms, and central spacious bathroom, as well as a separate toilet for added convenience. Also, a large laundry with direct external access further complements the practical layout of this home.

Stepping outdoors into the large rear yard, you will find established hardy trees, a small shed and also a large shed.

Importantly though, benefiting from 'General Residential' zoning and totally approximately 971m2 of level land, this low-maintenance and affordable home or investment property would make an intelligent development opportunity with scope for two additional dwellings*.

Renovated kitchen and bathroom
Currently tenanted at $500 p/w until January 2025
Scope for multi-dwelling strata development (STCA)
On-trend neutral tones throughout
Three great size bedrooms
Ample off-street parking and storage
Close to local shops and public transport
Less than 10 minutes to Hobart City

Land Zoning: General Residential
Construction: Imitation brick (weatherboard)
Roof: Tile
Heating: Reverse-cycle AC and wood fire

Annual Council Rates: $1,400 approx.
Annual Water Rates: $1,000 approx.

*Subject to Glenorchy City Council approval

Property History for 11 Somerton Cres, Derwent Park, TAS 7009

A timeline of how this property has performed in the market
Last Sold
$565,000
12 May 2025
Listed for Rent
$450/w
27 Apr 2021
  • 12 May 2025
    Sold for $565,000
  • 21 Oct 2024
    Listed for Sale Offers Over $595,000
  • 27 Apr 2021
    Listed for Rent $450 / week
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About Derwent Park 7009

The size of Derwent Park is approximately 1.7 square kilometres. There are 3 parks, covering nearly 5.4% of the total area. The population of Derwent Park in 2016 was 657 people. By 2021 the population was 872 showing a population growth of 32.7% in the area during that time. The predominant age group in Derwent Park is 30-39 years. Households in Derwent Park are primarily couples with children and are likely to be repaying $1000 - $1399 per month on mortgage repayments. In general, people in Derwent Park work in a community and personal service occupation.In 2021, 54.60% of the homes in Derwent Park were owner-occupied compared with 60.10% in 2016.

Derwent Park has 628 properties. Over the last 5 years, Houses in Derwent Park have seen a 36.89% increase in median value, while Units have seen a 35.14% increase. As at 31 May 2026:

  • The median value for Houses in Derwent Park is $659,148 while the median value for Units is $577,350.
  • Houses have a median rent of $580.
There are currently 5 properties listed for sale, and 4 properties listed for rent in Derwent park on OnTheHouse. According to Cotality's data, 31 properties were sold in the past 12 months in Derwent park.

Suburb Insights for Derwent Park 7009

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Cotality Copyright and Legal Disclaimers about Property Data
Disclaimer
The Cotality Data provided in this publication is of a general nature and should not be construed as specific advice or relied upon in lieu of appropriate professional advice.

While Cotality uses commercially reasonable efforts to ensure the Cotality Data is current, Cotality does not warrant the accuracy, currency or completeness of the Cotality Data and to the full extent permitted by law excludes all loss or damage howsoever arising (including through negligence) in connection with the Cotality Data.