28 Oak Bank Rd, Otago is a 3 bedroom, 1 bathroom House with 2 parking spaces. The property has a land size of 5886m2.
Set in a quiet, waterside enclave just 12 minutes from Hobart's CBD, this much-loved family home offers semi rural living without giving up city convenience. For sale for the first time since its circa 1955 construction, the property spans an impressive 5,886sqm and boasts spectacular views of Mt Direction, across the River Derwent and towards kunanyi/Mt Wellington and the Western Shore.
Beautifully maintained over the years, the three-bedroom weatherboard residence is in excellent condition. While some contemporary updates will be required, several key features are already in place - including solar panels, ceiling insulation, and rewiring has been done. There are even Tas Oak floorboards preserved under the carpet.
The spacious lounge is sunny and inviting, with large windows framing the glorious outlook. A wood fire and electric heating ensure the room is always comfortable, whatever the weather. The light and airy eat in kitchen has ample storage and a functional layout that will serve you well until you're ready to upgrade the facilities.
All three bedrooms are a great size, with the front-facing master bedroom taking full advantage of the lovely view. The combined bathroom and laundry contain a shower and toilet, with a bath and vanity located separately.
Outside, the sprawling, low maintenance grounds are well kept and ideal for ambitious gardeners or those keen to try their hand at hobby farming. There is town water supply, a septic system, an orchard of fruit trees, chook shed, double garage and workshop, and plenty of room to create your perfect outdoor entertaining space.
Living in a peaceful and friendly neighbourhood with amenities close at hand means you can enjoy the best of both worlds. The home is in a highly sought-after suburb and positioned on a secluded no through road shared only by local residents, with schools in the area, Glenorchy's many shops and services less than 10 minutes away, and a bus route along Otago Bay Road to make travel simple.
Private, tranquil, and full of potential for your dream lifestyle - this exceptional property with undeniable charm is a must-see. Contact Mel today and take the first step towards your new rural adventure.
We have obtained all information in this document from sources we believe to be reliable; however, we cannot guarantee its accuracy. Prospective purchasers are advised to carry out their own investigations.
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 75.89% increase in median value. As at 31 May 2026:
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