37 Derwentlaken Road, Otago, TAS 7017 sold on 05 August 2025 | OnTheHouse
SOLD
Sold on 05 Aug 2025 for $1,180,000

37 Derwentlaken Road
Otago TAS 7017

Bedrooms: 4
Bathrooms: 2
Car spaces: 5
Floor area: 328m2
Land area: 3140m2
Sold By
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Greg Fall
Fall Real Estate Hobart
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Vlad Gala
Fall Real Estate Hobart
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Property Details for 37 Derwentlaken Rd, Otago

37 Derwentlaken Rd, Otago is a 4 bedroom, 2 bathroom House with 5 parking spaces and was built in 1987. The property has a land size of 3140m2 and floor size of 328m2. While the property is not currently for sale or for rent, it was last sold in August 2025. There are other 4 bedroom House sold in Otago in the last 12 months.

Building Type
House
Year Built
1987
Floor Size
328m2
Land Size
3140m2
Local Government
Clarence
Lot/Plan
9/6395

Last Listing description (October 2025)

Imagine driving a short 15-minute commute home from your job in the CBD, stepping through your front door, and being struck by an overwhelming sense of awe. How about feeling this awe every morning when you first wake up? Or even while cooking dinner? This property will take your breath away at every moment of the day.Positioned on a generous 3,140sqm approx parcel of gorgeous riverfront land, this stunning architecturally designed, 318sqm approx home is strategically positioned to soak up sweeping views of the River Derwent and Mount Wellington (Kunanyi) from nearly every room. As you start to explore the four bedrooms, two kitchens, two bathrooms and generous indoor and outdoor living spaces, you will find that the sense of awe not only comes from the unbelievable views, but also from the house itself. Recent renovations accentuate the uniquely brilliant design, and make for a home that no one could get tired of.Its multiple living zones across three spacious levels make this property ideal for multi-generational families. This layout would also likely fetch fruitful returns as short-term accommodation, and separate entrances on each floor mean that this can be achieved while also comfortably living in the property.I'm sure by now you're thinking that this property can't possibly keep giving, well this is when I would ask you to step outside, and follow me down to the edge of the River Derwent. Lay back in the hammock, and bask in the tranquil sounds of the waves gently kissing the river's edge, or step down onto the shore with your kayak and go for a paddle.If this sounds like the type of lifestyle that would suit you, be sure to get in touch soon before it suits someone else.**The information contained herein has been supplied to us and we have no reason to doubt its accuracy, however, cannot guarantee it. Accordingly, all interested parties should make their own enquiries to verify this information.

Property History for 37 Derwentlaken Rd, Otago, TAS 7017

A timeline of how this property has performed in the market
Last Sold
$1,180,000
05 Aug 2025
Listed for Rent
$1.00k/w
02 May 2025
  • 05 Aug 2025
    Sold for $1,180,000
  • 10 Jul 2025
    Listed for Sale $1,250,000+ range
  • 01 May 2025
    Listed for Rent $1,000 / week
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About Otago 7017

The size of Otago is approximately 5.4 square kilometres. It has 2 parks covering nearly 52.9% of 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 271 properties. Over the last 5 years, Houses in Otago have seen a 50.54% increase in median value. As at 31 January 2026:

  • The median value for Houses in Otago is $860,729 while the median value for Units is $620,237.
There are currently 5 properties listed for sale, and no properties listed for rent in Otago on OnTheHouse. According to Cotality's data, 2 properties were sold in the past 12 months in Otago.

Suburb Insights for Otago 7017

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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.