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TAS › Geilston Bay › Derwent Ave

29 Derwent Ave, Geilston Bay TAS 7015

House

$835,000

Last sold

7 May 2024

5

Bedrooms

2

Bathrooms

2

Car spaces

724 m²

Land

197 m²

Building

Districts ViewPrice evidencePlanningSite constraintsHistoryListing

Districts View

What should you know about this lot before spending serious money?

Why this property?

  • FactLast recorded sale $835,000 (7 May 2024).(Recorded sale)
  • CalculationRecorded House sales in Geilston Bay (last 5 years) with land size: median $1,043/m² of land (n=78). Districts calculation from recorded sales — not a valuation.(Districts recorded sales)

What could make it worth more?

No upside evidence detected in the data Districts holds for this lot.

What could make it worth less?

No detected risks — but see the checklist: absence of evidence is not an all-clear.

What should you verify next?

  1. 1Official planning layers are still retrieving for this parcel — check back before relying on zoning or overlay absence.
  2. 2No hazard layer has been retrieved — confirm flood, bushfire and heritage exposure from council mapping before an offer.

Each line above is labelled. A fact is quoted from the named source, with its date. A calculation is worked out by Districts from those facts — you can check the arithmetic. An interpretation is Districts' opinion of what the evidence means, not a fact, a valuation, or advice. Anything we haven't retrieved yet is marked as missing rather than treated as a pass.

Price evidence

What this lot has actually traded at

Last sold

$835,000

7 May 2024 · derived via latest_sale

Local land rate: recorded House sales in Geilston Bay (last 5 years) with land size have a median of $1,043/m² of land (n=78). Districts calculation from recorded sales — not a valuation.

Geilston Bay at a glance

3,654

People

$820,000

Median sale

$563/wk

Median rent

3.57%

Suburb gross yield

Median sale from 15 recorded sales (last 12 months) — a Districts calculation.

See the full Geilston Bay report →

Vs Geilston Bay

+1.8%

Median sale

Suburb $820,000

-0.06 pp

Gross yield

Suburb 3.57%

Suburb median $820,000 from 15 recorded sales (last 12 months) — a Districts calculation, not a portal figure.

Planning

Planning and development

Planning data is being calculated

Development activity

Data unavailable

Source

  • Provider: unavailable
  • Dataset: unavailable
  • Retrieved: not yet retrieved
  • Version: planning-v1

Planning facts are copied from official government GIS where available. Where an official property PDF exists (VicPlan, PlanBuild), Districts stores and serves that original document. Neither is a planning certificate, survey, or advice.

Site

Terrain

Terrain has not been calculated for this property yet.

Slope is calculated on a projected metric grid from a public DEM clip of the official parcel. This is not a survey, engineering, or insurance assessment.

Flood, bushfire and heritage

i

Flood

Not retrieved

Flood exposure has not been retrieved from any source for this property yet. Unknown is not the same as clear.

Bushfire

Not retrieved

Bushfire exposure has not been retrieved from any source for this property yet. Unknown is not the same as clear.

Heritage

Not retrieved

Heritage listing has not been retrieved from any source for this property yet. Unknown is not the same as clear.

Records

Property history

  1. Sold$835,0007 May 2024
  2. Listedprice unknowncompleted12 Mar 2024

Events are recorded observations from public listings, kept with their source and date. Missing values are shown as unknown, never estimated.

Capital growth

TAS

Why this lot, not just this suburb

Why could this property outperform?

Planning layers have not been retrieved for this property yet. A suburb median or growth rate is not a reason this particular lot would outperform. Funded catalyst catchments are not loaded. A TOD badge is not this product.

What could kill that thesis?

Confidence: low

Official flood overlay has not been retrieved (pending). Missing layer is unknown, not “no.” Nearby development applications are not loaded for this property.

Rental

Income, competition, and yield

What will it realistically rent for?

Confidence: low

No advertised rent is recorded. Suburb median rent $563/week — not this address. An inferred likely-rent range is not shown until official bond series are loaded for this dwelling type and bedrooms.

What competition will it face?

Current comparable rental listings within 400 m of this lot are not loaded. Nearby development applications are not loaded for this property. Supply pressure needs comparable listings near this lot plus a nearby DA pipeline. Neither is loaded. Suburb vacancy or leased-tape days are not this property’s competition.

What does the yield actually look like?

Confidence: low

Yield cannot be shown without both a price and a rent figure. Net yield is not estimated from gross advertising copy. Net yield / holding costs are not estimated outside NSW without inventing land tax.

Verdict

What this means for this property

Districts view

Not enough official evidence yet to underwrite this as an investment.

Detail

The same ten questions apply to every property. Missing flood, nearby DAs, achieved rents, or lot geometry is unknown — not “no.”

Read more

Do not treat a suburb median, an advertised yield, or a listing score as the case for this lot.

The evidence loaded so far isn't enough on its own to change a buy, offer, or walk-away decision for this property.

Evidence

What is known for this property

Districts asks the same ten questions of every property. If one shows as unknown, that data isn't published for this state or hasn't been loaded yet — the question stays visible so you can see exactly what's missing.

1 of 10 questions answered so far

  • Development optionality of this lot

    Unknown

    Planning layers have not been retrieved for this property yet.

  • Nearby development pipeline

    Unknown

    Nearby development applications are not loaded for this property.

  • Honest achievable rent

    Knownlow

    This is not “bond data says this address leases for $X.” The comparable figure is a suburb advertised/median rent, not this property. Official bond files (postcode or suburb × type × bedrooms) are not loaded yet.

  • Rental supply pressure

    Unknown

    Supply pressure needs comparable listings near this lot plus a nearby DA pipeline. Neither is loaded.

  • Why is this cheap?

    Unknown

    The constraint stack has not been retrieved for this lot, so Districts cannot explain a discount versus land size.

  • Lot-level flood

    Unknown

    Official flood overlay has not been retrieved (pending). Missing layer is unknown, not “no.”

  • Catalyst exposure

    Unknown

    Funded catalyst catchments are not loaded. A TOD badge is not this product.

  • This lot's DA history

    Unknown

    Development applications have not been queried for this parcel.

  • Statutory land value versus ask

    Unknown

    Statutory land value is not available as free bulk data in this jurisdiction. Do not fake it with a suburb median.

  • Net yield / holding costs

    Unknown

    Net yield / holding costs are not estimated outside NSW without inventing land tax.

Area

Geilston Bay in one glance

Geilston Bay at a glance

3,654

People

$820,000

Median sale

$563/wk

Median rent

3.57%

Suburb gross yield

Median sale from 15 recorded sales (last 12 months) — a Districts calculation.

See the full Geilston Bay report →

Keep researching

  • Why Geilston Bay? Read the area thesis →
  • What else is on the market in Geilston Bay →
  • Other records on Derwent Ave →

Listing material

Listed by Petrusma Property Sandy Bay

fantastic family home, great location

Ideally positioned near walking trails, amenities, and neighbourhood schools, this expansive family residence surpasses expectations with its five spacious bedrooms, two contemporary bathrooms, and ample kitchen and dual living areas. Oriented facing the north, the home enjoys protection from sea breeze and privacy from the street, ensuring a peaceful place to relax and unwind.

The large formal living and dining space features a welcoming fireplace, perfect for chilly evenings, complemented by high ceilings adorned with original picture rails. The home offers under floor ducted reverse cycle heating and cooling throughout. Adjacent, the second living area seamlessly connects to the spacious timber kitchen, flooded with natural light and offering abundant workspace and storage, including a sizable pantry.

Accommodation is provided by five generous bedrooms, four of which boast built-in wardrobes. Servicing the home are two updated bathrooms, with the main bath featuring a corner spa, shower, vanity, and separate WC. The laundry, also separate and spacious, provides access to the yard.

Read the full description

Outside, the low-maintenance yard gently slopes and includes two off-street parking spaces, a secluded rear deck ideal for barbecues, and boasting glimpses of water through the trees. Additionally, a substantial workshop offers ample space for storage, a personal retreat, or creative pursuits.

Conveniently situated near schools, local parks, reserves, and walking trails as well as Lindisfarne Village, with a short commute to Rosny Park and Hobart CBD. Located along a bus route with stops close to home this property promises convenience and comfort at your fingertips.

• Prime location near trails, amenities, and schools

• Spacious family home with 5 bedrooms and 2 modern bathrooms

• North-facing orientation offers shelter and privacy

• Large living and dining area with fireplace

• Second living area adjacent to timber kitchen

• Under floor reverse cycle ducted heat pump

• Five generous bedrooms, four with built-in wardrobes

• Two updated bathrooms, main with corner spa

• Separate laundry with yard access

• Low-maintenance yard with 2 parking spaces

• Private deck with glimpses of water views

• Substantial workshop for storage or creative pursuits

• Close to schools, parks, and trails

• Short commute to Lindisfarne Village, Rosny Park, and Hobart CBD

• Council rates approx. $2,283pa

• Water rates approx. $1,870pa

Listing description written by David McLeod, Petrusma Property Sandy Bay — reproduced as published, not verified by Districts.

Districts

Australian property research from recorded sales, listings, and official layers. Missing data is shown as unavailable, never filled in.

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Research purposes only. Not personal financial advice, a valuation, or a planning certificate. Always speak to a licensed financial adviser before you act.