2 Dumbarton DriveGeilston Bay TAS 7015
Property Details for 2 Dumbarton Dr, Geilston Bay
Last Listing description (August 2022)
A rare opportunity to purchase more than 6,000m2 of general residential zoned land within 15 minutes of the Hobart CBD is ready and waiting for development.
With the potential to build 18 new dwellings (Subject to council approval) this is an opportunity that won't last long and with dwelling prices soaring in the suburb of Geilston Bay and the upgrade of the East Derwent Hwy well on its way to completion including a new signalised intersection into Dumbarton Drive now is the time to capitalise.
It's the community and suburb sets Geilston Bay apart from the rest as close by you will find Lindisfarne North Primary School, St Cuthbert's Catholic School, Mundy's Meats, Geilston Bay Fish Shop and the popular Natone Hill Bush Reserve for exercising your four-legged companion. A major supermarket and services located just a short drive away at Lindisfarne Village.
Don't hesitate to book your private inspection today.
Property History for 2 Dumbarton Dr, Geilston Bay, TAS 7015
- 06 May 2022Listed for Sale $1.7m
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About Geilston Bay 7015
The size of Geilston Bay is approximately 7.3 square kilometres. There are 14 parks, covering nearly 22.4% of the 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 1,637 properties. Over the last 5 years, Houses in Geilston Bay have seen a 25.46% increase in median value, while Units have seen a 19.64% increase. As at 30 June 2026:
- The median value for Houses in Geilston Bay is $798,308 while the median value for Units is $558,669.
- Houses have a median rent of $675 while Units have a median rent of $580.
Suburb Insights for Geilston Bay 7015
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