8 Restdown Drive, Otago, TAS 7017 | Property Value & History | OnTheHouse
OFF MARKET

8 Restdown Drive
Otago TAS 7017

Bedrooms: 4
Bathrooms: 3
Car spaces: 2
Floor area: 282m2
Land area: 12007m2
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Property Details for 8 Restdown Dr, Otago

8 Restdown Dr, Otago is a 4 bedroom, 3 bathroom House with 2 parking spaces and was built in 1976. The property has a land size of 12007m2 and floor size of 282m2. While the property is not currently for sale or for rent, it was last sold in October 2015.

Building Type
House
Year Built
1976
Floor Size
282m2
Land Size
12007m2
Local Government
Clarence
Lot/Plan
2/121633

Last Listing description (May 2017)

This gracious home of magnificent proportions is a showcase of what living in Tasmania should be! 'Alhambra', a charismatic home with a wealth of family space, is nestled upon approximately 1.2007 hectares. Surrounded by an exquisite combination of established gardens and multiple courtyards and well maintained lawned areas. This Spanish Mission designed home gives a sense of welcoming from the moment you enter. A grand entrance hall leads to separate accommodation wings, the large master which has its own outdoor area overlooking the water - a perfect setting for a summer night!
The parents' wing also has a sitting room and large walk in robe and ensuite. The childrens' wing has 2 large bedrooms and recently upgraded bathroom allowing privacy for all family members. This residence has a floorplan consisting of 4 bedrooms, 3 bathrooms, a capacious formal lounge with adjoining formal dining, in addition to informal dining, large study, entertainers' kitchen and laundry. There is also a covered entertaining and dining area in the loggia where 3 ponds provide a calming and tranquil atmosphere whilst taking in the water views.
In addition to the main accommodation there is a self contained one bedroom unit with large lounge, kitchen, full bathroom and its own courtyard - a perfect area for unexpected guests, extended family or interstate guests.

This property is an ideal setting for entertaining on a grand scale - a perfect setting for tennis gatherings all year round with a full size tennis court adjacent to the house and with water views in the background you will be the envy of all with a lifestyle only few can afford!
Wander around the gardens with paving - an avid gardeners delight and meander through the walled courtyards with herb gardens and roses.
For those wanting an organic lifestyle there is also plenty of space for vegetable gardens or chicken runs.
Ample off street parking (including a double lock up garage) provides more than 6 car spaces perfect for boats, trailers and ideal for the car enthusiast.
This country estate is located less than 15 minutes from the Hobart CBD and 10 minutes from Hobart International Airport. This property epitomises a family lifestyle of unquestionable quality and is truly for those who demand the best!

Property History for 8 Restdown Dr, Otago, TAS 7017

A timeline of how this property has performed in the market
Last Sold
$800,000
28 Oct 2015
  • 28 Oct 2015
    Sold for $800,000
  • 03 Dec 2013
    Listed for Sale $975,000
  • 03 Dec 2002
    Sold for $386,000
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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 85.30% increase in median value. As at 30 November 2025:

  • The median value for Houses in Otago is $978,677 while the median value for Units is $596,470.
There are currently 5 properties listed for sale, and no properties listed for rent in Otago on OnTheHouse. According to Cotality's data, 3 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.