197 Otago Bay Rd, Otago is a 4 bedroom, 3 bathroom House with 12 parking spaces and was built in 2000. The property has a land size of 10543m2 and floor size of 300m2. While the property is not currently for sale or for rent, it was last sold in November 2018.
Beautifully situated and set back from the road, a private laneway always creates expectation and this impressive property on 1.054 hectares does not disappoint. Number 197 has remained in the same family since construction in 2000, testament to the quality of the build, and the pleasure the house and grounds have given the owners. Privacy and tranquility is assured, the sounds of silence interrupted only by the presence of up to 34 species of birdlife.
Brilliant views of the river are a notable feature of this property. An expansive floorplan over two storeys, a decided emphasis on entertaining with a seamless connection between indoor and outdoor living. Twin terraces providing a great spot for alfresco dining and to enjoy the all-important north westerly orientation. Floor-to-ceiling glazing and picture windows frame the water views over landscaped gardens and orchard comprising 10 varieties of fruit trees. Vistas across to Claremont Golf Club will also appeal.
The interiors enjoy an abundance of natural light, with split levels creating interest and sunken living space. The kitchen takes centre stage with black granite benchtops complementing Tasmanian Oak limed timber.
The size of Otago is approximately 5.4 square kilometres. There are 2 parks, covering nearly 52.9% of the total area. The population of Otago in 2016 was 554 people. By 2021 the population was 596 showing a population growth of 7.6% in the area during that time. The predominant age group in Otago is 60-69 years. Households in Otago are primarily childless couples and are likely to be repaying $1800 - $2399 per month on mortgage repayments. In general, people in Otago work in a professional occupation.In 2021, 89.30% of the homes in Otago were owner-occupied compared with 92.50% in 2016.
Otago has 270 properties. Over the last 5 years, Houses in Otago have seen a 88.90% increase in median value. As at 30 April 2026:
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