1/27 Derwent Avenue, Geilston Bay, TAS 7015 sold on 08 January 2025 | OnTheHouse
SOLD
Sold on 08 Jan 2025 for $535,000

1/27 Derwent Avenue
Geilston Bay TAS 7015

Bedrooms: 2
Bathrooms: 1
Car spaces: 2
Land area: 252m2
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Property Details for 1/27 Derwent Ave, Geilston Bay

1/27 Derwent Ave, Geilston Bay is a 2 bedroom, 1 bathroom Villa with 2 parking spaces and was built in 1986. The property has a land size of 252m2. While the property is not currently for sale or for rent, it was last sold in January 2025. There are other 2 bedroom Villa sold in Geilston Bay in the last 12 months.

Building Type
Villa
Year Built
1986
Land Size
252m2

Last Listing description (January 2025)

Positioned in a peaceful and sunny spot, this free-standing villa unit offers a lifestyle of convenience and tranquillity. One of just two properties on the title, with no active body corporate, it provides the privacy and independence rarely found in villa living. Situated just 10 minutes from Hobart CBD and 5 minutes from Lindisfarne Village, this home is perfectly located near waterfront walking tracks and a range of local amenities.

The light-filled, open-plan living, dining, and kitchen area enjoys a light filled sunny aspect while the adjoining sunroom is a versatile space ideal for year-round use. The kitchen is well-equipped with ample bench space, a pantry, and a double sink, making it practical and functional.

The home features two generously sized bedrooms, both with built-in wardrobes, and a centrally located bathroom with a separate bath and shower. A nearby separate toilet adds to the home's functionality. The laundry, with direct level access to the clothesline, enhances the practicality of the layout.

Outdoors, the fully fenced rear garden offers a sun-drenched, low-maintenance space perfect for pets, entertaining, or growing a vegetable garden. The paved area provides a great spot to relax and enjoy the sunny northerly aspect. Additional features include under-house storage, a single carport, and plenty of off-street parking—a rare find for a property of this type.

Whether you're looking for a sound investment or a comfortable home, this villa unit has much to offer.

Key features:
- Private and quiet location
- Close to waterfront walking tracks
- No active body corporate and pet-friendly
- One of only two properties on the title
- Plenty of off-street parking
- Under-house storage
- Conveniently close to shops and amenities
- NBN connected
- Just 10 minutes to Hobart CBD and 5 minutes to Lindisfarne Village

Council rates: approx. $1,600 per annum
Water rates: approx. $1,200 per annum

Disclaimer:
We have obtained this property information from sources we believe to be reliable; however, we cannot guarantee its accuracy. Prospective buyers are advised to carry out their own investigations.

Property History for 1/27 Derwent Ave, Geilston Bay, TAS 7015

A timeline of how this property has performed in the market
Last Sold
$535,000
08 Jan 2025
Listed for Rent
$395/w
01 Apr 2019
  • 08 Jan 2025
    Sold for $535,000
  • 20 Nov 2024
    Listed for Sale Offers over $530,000
  • 16 Jun 2020
    Sold for $400,000
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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 1,629 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.

Suburb Insights for Geilston Bay 7015

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Katrina Arkley
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Arkley & Co
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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.