75 Gepp Pde, Derwent Park is a 3 bedroom, 1 bathroom House with 4 parking spaces and was built in 1919. The property has a land size of 1160m2 and floor size of 121m2. While the property is not currently for sale or for rent, it was last sold in February 2018.
Sited on the true waterfront of Prince of Wales Bay overlooking the plethora of sail boats and recreational craft moored in the sheltered waters of the bay and the newly constructed marina. Character filled, this charming home offers the potential to upgrade and reap the benefits of the affordable dream of a waterfront property.
In need of some TLC but essentially offers 3 good sized bedrooms, 2 sunrooms, renovated kitchen and bathroom with modern amenities. The living room adjacent to the verandah features delightful bay windows overlooking the tranquil water and the generous level, secure allotment is just waiting for the avid gardener to create a productive garden and recreational space suitable for you and yours to enjoy.
A substantial outbuilding which is perfect for a workshop and extensive storage is at the end of the lengthy driveway which offers parking facilities for numerous vehicles. Additional outbuildings also add to the surprising storage on offer. With a new roof and guttering on the residence, mostly only cosmetic touches are required to make this a very attractive property, enhancing the existing character features including pressed metal ceilings, dado boards, fretwork and original stained glass. Numerous wall mounted panel heaters as well as a slow combustion heater are more than suitable account for the cooler weather.
Kayak from your back yard or perhaps take the tinny to the deeper waters of the Derwent for a spot of fishing or simply sit on the verandah and listen to the array of bird life. Whatever your pursuits, the kids and adults alike are certain to enjoy the lifestyle on offer.
The size of Derwent Park is approximately 1.7 square kilometres. It has 3 parks covering nearly 5.4% of 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 625 properties. Over the last 5 years, Houses in Derwent Park have seen a 43.10% increase in median value, while Units have seen a 47.50% increase. As at 30 November 2025:
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