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.
TAS › Geilston Bay › Derwent Ave
$837,000
Last sold
4 Mar 2026
3
Bedrooms
2
Bathrooms
3
Car spaces
857 m²
Land
147 m²
Building
Districts View
No detected risks — but see the checklist: absence of evidence is not an all-clear.
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
Last sold
$837,000
4 Mar 2026 · derived via latest_sale
Local land rate: recorded House sales in Geilston Bay (last 5 years) with land size have a median of $1,049/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.
Vs Geilston Bay
+2.1%
Median sale
Suburb $820,000
-0.07 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 data is being calculated
Data unavailable
Source
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 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 exposure has not been retrieved from any source for this property yet. Unknown is not the same as clear.
Bushfire exposure has not been retrieved from any source for this property yet. Unknown is not the same as clear.
Heritage listing has not been retrieved from any source for this property yet. Unknown is not the same as clear.
Records
Events are recorded observations from public listings, kept with their source and date. Missing values are shown as unknown, never estimated.
Capital growth
TASPlanning 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.
Official flood overlay has not been retrieved (pending). Missing layer is unknown, not “no.” Nearby development applications are not loaded for this property.
Rental
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.
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.
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
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.”
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
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
UnknownPlanning layers have not been retrieved for this property yet.
Nearby development pipeline
UnknownNearby development applications are not loaded for this property.
Honest achievable rent
KnownlowThis 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
UnknownSupply pressure needs comparable listings near this lot plus a nearby DA pipeline. Neither is loaded.
Why is this cheap?
UnknownThe constraint stack has not been retrieved for this lot, so Districts cannot explain a discount versus land size.
Lot-level flood
UnknownOfficial flood overlay has not been retrieved (pending). Missing layer is unknown, not “no.”
Catalyst exposure
UnknownFunded catalyst catchments are not loaded. A TOD badge is not this product.
This lot's DA history
UnknownDevelopment applications have not been queried for this parcel.
Statutory land value versus ask
UnknownStatutory land value is not available as free bulk data in this jurisdiction. Do not fake it with a suburb median.
Net yield / holding costs
UnknownNet yield / holding costs are not estimated outside NSW without inventing land tax.
Area
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.
Listing material
Listed by Arkley & CoSet high above the water in tightly held Geilston Bay, 88 Derwent Avenue captures breathtaking views across the River Derwent, rolling hills and beyond. This is a home where the outlook truly takes centre stage, framed beautifully from multiple rooms and the expansive entertaining deck.
The upper level has been designed to maximise light and scenery, with an open plan kitchen, dining and living area flowing seamlessly to the timber deck via large sliding doors. Whether hosting friends or enjoying a quiet morning coffee, the ever-changing river backdrop creates a remarkable sense of space and tranquillity.
The kitchen is generous and highly functional, offering ample bench space, quality appliances and a long breakfast bar perfect for casual meals. Wide windows above the sink ensure the view remains a constant feature. Warm timber flooring and exposed beams introduce character while maintaining a clean, modern aesthetic.
Also on this level, the main bedroom is a true retreat, showcasing expansive glazing with stunning water views, a substantial walk-in robe and an adjacent dressing room. If desired this space can also be used for separate home office or study providing flexibility for those working remotely or needing a quiet space away from the main living areas.
Downstairs, the layout continues to impress with a separate rumpus or second living area, ideal for growing families seeking additional room to spread out. Adjacent to this space is a bedroom complete with built-in robes and its own ensuite, creating a perfect zone for visiting guests, teenagers or extended family who appreciate privacy and independence.
The family bathroom is sleek and contemporary, featuring a glass walk-in shower and crisp finishes, while the remaining bedrooms are well proportioned and filled with natural light.
Outdoors, the property offers more than just views. The rear garden provides a generous, level lawn area ideal for children and pets, as well as space for entertaining. With direct and easy access to the Natone Hill walking tracks, this setting will appeal to those who value an active lifestyle and connection to nature.
Secure parking and additional storage add further practicality, while the overall position ensures convenient access to local parks, schools, shopping amenities and a straightforward commute into Hobart's CBD.
88 Derwent Avenue presents an exceptional opportunity to secure a versatile family home with spectacular river views in one of the Eastern Shore's most desirable locations.
Disclaimer:
We have obtained this property information from sources we believe to be reliable; however, we cannot guarantee its accuracy. Prospective buyers are advised to carry out their own investigations.
Listing description written by Katrina Arkley, Arkley & Co — reproduced as published, not verified by Districts.