50 Derwent Park RoadDerwent Park TAS 7009
Property Details for 50 Derwent Park Rd, Derwent Park
50 Derwent Park Rd, Derwent Park is a 3 bedroom, 1 bathroom House and was built in 1920. The property has a land size of 261m2 and floor size of 102m2. While the property is not currently for sale or for rent, it was last sold in December 2008.
Last Listing description (August 2026)
Immediate Income with Future Potential
3 BEDROOMS | 1 BATHROOM | APPROX. 259 SQM | COMMERCIAL ZONING
Commercially zoned and currently used as a residential home, 50 Derwent Park Road presents a versatile investment opportunity within one of Greater Hobart's most established commercial and light-industrial precincts. Set on an approximately 259 sqm allotment, the property comprises three bedrooms, one bathroom, a private backyard.
The property is currently tenanted, providing immediate holding income while the purchaser considers its longer-term potential.
Development Potential
Its commercial zoning and prominent Derwent Park Road position may provide scope for future commercial us or redevelopment, subject to all relevant planning and statutory approvals.
Key Features
* Commercially zoned property
* Approximately 259 sqm landholding
* Currently leased, providing immediate holding income
* Private backyard
* Prominent Derwent Park Road position
* Established commercial and light-industrial precinct
* Convenient access to Moonah, Glenorchy and Hobart CBD
* Shared driveway
* Potential for future commercial use or redevelopment, subject to all relevant approvals
Approximately
Council rate: $1,995 p.a
Water rate: $ 1,099 p.a
Land tax: $2,548 p.a
Whether retained as an income-producing investment or secured for its longer-term commercial potential, this property offers flexibility in a tightly held location.
Disclaimer: We have obtained all information in this document from sources we believe to be reliable; however, we cannot guarantee its accuracy. Prospective purchasers should make their own enquiries and seek independent advice regarding the existing tenancy, zoning, permitted uses and development potential. Any proposed use or development is subject to approval by the relevant authorities.
Property History for 50 Derwent Park Rd, Derwent Park, TAS 7009
- 29 Jul 2026Listed for Sale Offers over $565,000
- 10 Dec 2021Listed for Rent $420 / week
- 29 Feb 2016Listed for Rent - Price not available
Recent sales nearby
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0About 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 629 properties. Over the last 5 years, Houses in Derwent Park have seen a 30.13% increase in median value, while Units have seen a 57.51% increase. As at 31 July 2026:
- The median value for Houses in Derwent Park is $677,484 while the median value for Units is $639,442.
- Houses have a median rent of $580.
Suburb Insights for Derwent Park 7009
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