44 Otago Bay Rd, Otago is a 2 bedroom, 1 bathroom House with 2 parking spaces and was built in 1971. While the property is not currently for sale or for rent, it was last sold in October 2025. There are other 2 bedroom House sold in Otago in the last 12 months.
Located just 15 kilometres from Hobart CBD this property presents exceptional value to enter the tightly held and popular riverside suburb of Otago.
Sitting on a large elevated block of 1012m2 the home enjoys stunning water views over the River Derwent that take in Mt Wellington and the Bowen Bridge.
Inside the home stairs lead to the main living space elevated to enjoy the beautiful views. Timber floorboards run throughout the home. The living space and main bedrooms both have glass sliding doors that lead out to the front verandah running the length of the home.
The updated kitchen is a great space with loads of storage and positioned at the front of the home so that you can prepare meals while enjoying your position overlooking the water.
The two bedrooms on this level both include built-in-storage. There is a separate laundry and the family bathroom includes a bath and separate shower.
Outside there is a large undercover entertaining area that opens out from the living room.
The large backyard is fully fenced with a garden shed and there is plenty of room for an extension to the existing home.
On the lower level there is a separate room with private access that would make a great studio or study space.
With only 5 sales in the last 12 months this suburb is tightly held and with good reason, being just 15 minutes to the city and 5 minutes to Glenorchy yet you can enjoy the peace and tranquillity of country living.
Don't miss your chance to secure this property, we look forward to showing you through.
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 88.90% increase in median value. As at 30 April 2026:
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