5 Rainbow TerraceOpossum Bay TAS 7023
Property Details for 5 Rainbow Tce, Opossum Bay
Last Listing description (August 2025)
What a wonderful place for a family to reside or build that dream holiday home!
Opossum Bay is a spectacularly beautiful spot to call home, with gorgeous, colourful homes and shacks dotting the shoreline of the bay - such a unique and relaxing vista.
Scenic walks and nearby beaches abound, with a track close by leading down to the jetty and water. Here you are just a hop, skip and jump to the local takeaway and convenience shop, a great playground and bbq area, with new amenities in construction. For those who love kayaking and boating, this calm spot is ideal.
The large, flat block of 1,451m2 offers more options than many a smaller block, with room for a huge shed, caravan and boat. You've got the space for all that and more.
The block is fully fenced and dotted with several mature trees at one end.
Being in a no through road, with an easy turning circle at the end of the cul-de-sac you enjoy peace and quiet and room to manoeuvre whatever you happen to be towing.
Several nearby services, a school, post office, RSL & Comminity Club/restaurant are at hand in South Arm. Pipes under the River Derwent are planned to provide grey water to the area, including the proposed golf course.
If you would love to secure this piece of paradise, make your enquiries and plan a drive to inspect.
The information contained herein has been supplied to us and we have no reason to doubt its accuracy, however, we cannot guarantee it. Accordingly, all interested parties should make their own enquiries to verify this information.
All timeframes and dimensions are approximates only.
Property History for 5 Rainbow Tce, Opossum Bay, TAS 7023
- 07 Aug 2025Sold for $325,000
- 22 Oct 2024Listed for Sale Offers Over $325,000
- 18 Oct 2013Listed for Sale PRICE BY NEGOTIATION $185,000 - $205,000
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About Opossum Bay 7023
The size of Opossum Bay is approximately 4.6 square kilometres. It has 6 parks covering nearly 28.0% of total area. The population of Opossum Bay in 2016 was 329 people. By 2021 the population was 383 showing a population growth of 16.4% in the area during that time. The predominant age group in Opossum Bay is 60-69 years. Households in Opossum Bay are primarily childless couples and are likely to be repaying $1000 - $1399 per month on mortgage repayments. In general, people in Opossum Bay work in a professional occupation.In 2021, 80.10% of the homes in Opossum Bay were owner-occupied compared with 81.40% in 2016.
Opossum Bay has 383 properties. Over the last 5 years, Houses in Opossum Bay have seen a 51.63% increase in median value. As at 30 November 2025:
- The median value for Houses in Opossum Bay is $885,732 while the median value for Units is $624,233.
- Houses have a median rent of $523.
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