98/98 Spitfarm Road, Opossum Bay, TAS 7023 | Property Value & History | OnTheHouse
OFF MARKET

98/98 Spitfarm Road
Opossum Bay TAS 7023

Bedrooms: 1
Bathrooms: 1
Car spaces: -
Land area: 1148m2
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Last updated 10 Aug 2026
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Property Details for 98/98 Spitfarm Rd, Opossum Bay

98/98 Spitfarm Rd, Opossum Bay is a 1 bedroom, 1 bathroom House. The property has a land size of 1148m2.

Building Type
House
Land Size
1148m2
Local Government
Clarence

Last Listing description (June 2026)

Perched above the shoreline at 98 and 98A Spitfarm Road, Opossum Bay, these exceptionally rare waterfront allotments offer a front-row position to one of Tasmania's most captivating coastal outlooks. Elevated, private and commanding, the views sweep across the sparkling Derwent to Hobart's western shores, with Kunanyi / Mt Wellington providing a striking backdrop.

With title extending to the high-tide mark, this is an offering of genuine waterfront presence - where mornings begin with golden light on the point and evenings are framed by spectacular sunsets that linger long after Hobart is in shadow.

98A includes an existing shack with an external shower block; 98 is vacant land. Available to be purchased individually or together, the two titles offer outstanding potential and flexibility for buyers looking to secure a single coastal holding or create a broader waterfront opportunity.


Early site planning undertaken with pre-DA discussions with the Local Council indicates the feasibility of a two-bedroom plus study dwelling on 98A and a three-bedroom dwelling on 98 (subject to all necessary formal approvals).

This provides buyers with a strong starting point and added confidence when considering the future potential of each allotment, whether pursued separately or as part of a broader lifestyle or accommodation vision. Alternatively, each block (STCA) has potential for two one-bedroom units, or for a one/two bedroom dwelling plus an additional one-bedroom unit. together they offer the potential for a substantial waterfront home.

Positioned between Opossum Bay Beach and Mitchells Beach, the properties are immersed in one of Tasmania's most tightly held holiday and lifestyle settings. Safe swimming beaches, boating, fishing and long summer days on the water define the experience here, while dolphins are frequent visitors to the bay. In late December, the spectacle of the Sydney to Hobart Yacht Race adds yet another unforgettable element, as yachts make their final approach along the Derwent.

The flexibility of the offering is a key feature. Secure one allotment and create your own private coastal retreat, or acquire both to establish an expanded waterfront holding with rare scope and scale. Whether the vision is a dream home, holiday escape, premium visitor accommodation or a combination of uses across the two titles, the opportunity here is highly compelling.

The future of the area adds further weight to the appeal. Just around the peninsula, the Arm End golf course is set to emerge as Australia's newest world-class coastal golf destination, strengthening interest in this already remarkable location and adding another layer to the long-term lifestyle and investment story.

Despite the sense of seclusion, Opossum Bay remains an accessible escape, approximately 45 minutes from Hobart CBD and within convenient reach of Hobart Airport. The Opossum Bay Store, fuel, jetty and boat ramp are nearby, while South Arm Village offers additional amenity including a store, LPO, caf, chemist and another boat ramp. Lauderdale, Glebe Hill, Shoreline and Eastlands are all easily reached, ensuring this outstanding coastal setting remains connected to everyday convenience.

98 and 98A Spitfarm Road represent a rare chance to secure waterfront land in a tightly held coastal enclave, with genuine lifestyle appeal and the freedom to purchase one title, or both.

Property History for 98/98 Spitfarm Rd, Opossum Bay, TAS 7023

A timeline of how this property has performed in the market
  • 19 May 2026
    Listed for Sale Two Waterfront Lots Available | POA
  • 06 Feb 2026
    Listed for Sale Offers Over $1,950,000
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About Opossum Bay 7023

The size of Opossum Bay is approximately 4.6 square kilometres. There are 6 parks, covering nearly 28.0% of the 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 $1800 - $2399 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 385 properties. Over the last 5 years, Houses in Opossum Bay have seen a 60.48% increase in median value. As at 31 July 2026:

  • The median value for Houses in Opossum Bay is $1,044,202 while the median value for Units is $533,617.
  • Houses have a median rent of $480.
There are currently 3 properties listed for sale, and no properties listed for rent in Opossum bay on OnTheHouse. According to Cotality's data, 20 properties were sold in the past 12 months in Opossum bay.

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Cotality Copyright and Legal Disclaimers about Property Data
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.