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.
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.
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:
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