Back 15 Derwent Avenue
Off Market

15 Derwent Avenue

Margate TAS 7054

4
2
6
249 m²
4282 m²
House
Susan KaySusan Kay, last sold this property on 24 February 2026 after 36 days on market.

Overview

A Once-in-a-Generation Waterside Sanctuary

Tucked away in a secluded cove on the pristine shores of North West Bay, just south of Hobart, this extraordinary property is being offered to the market for the very first time. Opportunities like this are exceptionally rare, and once it's gone, it's gone. Set on a level and expansive 4,282m² virtual waterfront allotment beside a protected nature reserve, this is a home where privacy, serenity and natural beauty converge. A foreshore walking trail is literally at your doorstep, while the gentle lapping of the bay invites spontaneous kayaking, paddle boarding or peaceful sunset strolls. The variety of landscaping on the property includes an established veggie garden, a small mixed orchard as well as a large lawned area perfect for family outdoor activities or enlarging the veggie garden and orchard. This is coastal living at its purest; immersive, calming and utterly captivating. The residence itself delivers modern, low-maintenance luxury with generous proportions and elegant finishes throughout. Featuring a contemporary kitchen with walk-in pantry, two spacious living areas, three bedrooms plus study/4th bedroom, two bathrooms, large double garage, substantial workshop and productive vegetable garden, the versatility here is exceptional. Three-phase mains power, solar panels and a host of additional quality inclusions further elevate the offering. But it's the setting that truly steals your heart. Wake to birdsong. Watch native wildlife pass quietly through your grounds. Enjoy absolute peace, privacy and a sense of connection to nature that is increasingly hard to find. It's almost as though the location was the dream, and the beautiful home simply the bonus. Captivating water views from the home take in Coningham, North West Bay and beyond to Bruny Island. Margate is a thriving, tightly held coastal community renowned for its semi-rural lifestyle and welcoming atmosphere. Local schools, cafés, shops, walking tracks, playgrounds, well appointed marina and boat launching facilities are all close at hand, while Kingston and Hobart are easily accessible, with the Hobart CBD only 25 minutes away. Positioned in a quiet enclave of larger properties, Derwent Avenue is highly sought after and tightly held. Homes in this pocket seldom reach the open market, making this an exceptional opportunity for discerning buyers seeking something truly special. This is more than a home; it's a lifestyle, a retreat, and an investment in wellbeing. Inspections are strongly encouraged - properties of this calibre and rarity do not last. Contact me today for a full list of features and to secure your private viewing. Be warned: you may fall in love the moment you arrive.

Features

4 bedrooms
2 bathrooms
6 carspaces
4 open car spaces
2 garage spaces
249 m² floor area
4282 m² lot size
House

Estimated Value

Based on this property and similar 4 bedroom houses sold in Margate over the last 12 months, the estimated median property value of 15 Derwent Avenue is $1.17m.

Median value
$1.17m
Estimated value range
$782.5k - $1.75m
Median days on market
16
Estimated value trend
37%
increase over the last 12 months
Average days on market is based on recent, comparable sales in Margate. It is only an indication of the time a property is actively listed and should not be relied upon as an accurate representation of how soon a property will be sold.

Property history for 15 Derwent Avenue

2026
Sold
Undisclosed
24 Feb 2026 by Susan Kay, of Raine & Horne Kingston

Happy sellers in Margate

92%
92% of sellers in Margate reported that their sale price either exceeded or met their price expectations.

Margate stands out for consistently delivering exceptional satisfaction and strong market results for homeowners.

This is based on voluntary sentiment collected from 10 reviews in Margate over the last 12 months.

Local market activity for 4 bedroom houses in Margate

In the last 12 months, 23 four-bedroom houses similar to 15 Derwent Avenue, have been sold.

This represents a 21% decrease in four-bedroom houses sales when compared to the previous 12 months.

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