59a Derwent Ave, Geilston Bay is a 4 bedroom, 2 bathroom House with 3 parking spaces. The property has a land size of 2049m2.This Property is currently listed for sale with Elders Tasmania
Privately positioned on the waterfront in Geilston Bay, this substantial family home enjoys a tranquil bayfront setting with sweeping water views. Occupying a generous 2,049sqm allotment, the property offers an enviable sense of space and scale, while remaining within easy reach of local amenities, foreshore walking tracks, Eastlands and Hobart's CBD.
Set across two levels, the entry floor reveals a spacious living room flowing through to the formal dining area, framed by captivating water views. Adjacent, the well-appointed kitchen is complemented by an additional sitting area that connects seamlessly to the balcony, creating a relaxed space to enjoy the stunning outlook.
The main accommodation wing is also positioned on this level, the three bedrooms are all oriented to capture the water views. The primary suite features a walk-in wardrobe and wash basin, the additional bedrooms have built-in wardrobes and are serviced by the central bathroom. The laundry and internal access to the double garage complete the floorplan on this level.
The lower level provides a highly versatile retreat, ideal for guests, teenagers or extended family living. Comprising a fourth bedroom, bathroom and an expansive rumpus room, this level also includes a cellar, large workshop and extensive storage. The rumpus room opens directly to the pool deck, creating an inviting setting for entertaining and relaxed family living.
Comfort and convenience are enhanced by reverse-cycle air conditioning and panel heating, NBN connectivity, and secure parking including a double garage, carport and additional off-street parking. Generous proportions provide exceptional flexibility for growing families and those who love to entertain.
Offering direct access to tranquil local walking tracks, this home is only minutes from the shops and amenities of Lindisfarne Village and a short ten minute drive into Hobart's CBD. A substantial holding set amongst idyllic surrounds, this is an exceptional opportunity to acquire an impressive property in a tightly held locale.
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 1,636 properties. Over the last 5 years, Houses in Geilston Bay have seen a 20.13% increase in median value, while Units have seen a 20.54% increase. As at 31 August 2026:
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