199 Derwent Ave, Lindisfarne is a 3 bedroom, 1 bathroom House with 3 parking spaces and was built in 1953. The property has a land size of 769m2 and floor size of 94m2. While the property is not currently for sale or for rent, it was last sold in April 2026. There are other 3 bedroom House sold in Lindisfarne in the last 12 months.
Set on a generous parcel of land in a well-established neighbourhood, this solid and much-loved home presents an exciting opportunity for homeowners, investors, and developers alike. Comfortable as it stands, the residence offers warm living spaces, classic character features, and a practical layout that provides immediate liveability while leaving plenty of scope to update and add value over time.
What truly sets this property apart is the size and potential of the landholding. Rarely do opportunities like this arise where future development, including the possibility of multiple units (subject to council approval), can be considered. Whether you are looking to renovate, extend, or explore development potential, this is a versatile offering with outstanding long-term upside in a consistently sought-after location.
• Generous land size with wide frontage and excellent access
Year Built: 1953
Construction: Weatherboard
Annual Water Rates: $1,208 approx.
Annual Council Rates: $2,060 approx.
The size of Lindisfarne is approximately 6.9 square kilometres. There are 8 parks, covering nearly 25.0% of the total area. The population of Lindisfarne in 2016 was 6179 people. By 2021 the population was 6639 showing a population growth of 7.4% in the area during that time. The predominant age group in Lindisfarne is 30-39 years. Households in Lindisfarne are primarily childless couples and are likely to be repaying $1800 - $2399 per month on mortgage repayments. In general, people in Lindisfarne work in a professional occupation.In 2021, 70.00% of the homes in Lindisfarne were owner-occupied compared with 71.30% in 2016.
Lindisfarne has 2,857 properties. Over the last 5 years, Houses in Lindisfarne have seen a 19.19% increase in median value, while Units have seen a 20.69% increase. As at 31 May 2026:
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