Back 199 Derwent Avenue
Off Market

199 Derwent Avenue

Lindisfarne TAS 7015

3
1
3
94 m²
769 m²
House
Last sold for $730,000
Jake TownsJake Towns, last sold this property on 28 April 2026 after 64 days on market.

Overview

Unlock the Potential

Set on a generous parcel of land in a well-established neighbourhood, this solid and much-loved home presents an exciting opportunity for homeowners, investors, and developers alike. Comfortable as it stands, the residence offers warm living spaces, classic character features, and a practical layout that provides immediate liveability while leaving plenty of scope to update and add value over time. What truly sets this property apart is the size and potential of the landholding. Rarely do opportunities like this arise where future development, including the possibility of multiple units (subject to council approval), can be considered. Whether you are looking to renovate, extend, or explore development potential, this is a versatile offering with outstanding long-term upside in a consistently sought-after location. • Generous land size with wide frontage and excellent access • Rare development potential for multiple units, subject to council approval • Solid, well-maintained home with immediate liveability • Spacious living area with heating and classic charm • Functional kitchen and bathroom ready for future enhancement • Level backyard with ample room for expansion or redevelopment • Garage, shedding, and off-street parking options • Ideal for investors, renovators, or developers seeking upside • Positioned in an established and convenient residential setting • Exceptional long-term potential in a tightly held area Year Built: 1953 Construction: Weatherboard Annual Water Rates: $1,208 approx. Annual Council Rates: $2,060 approx.

Features

3 bedrooms
1 bathroom
3 carspaces
1 carport space
2 open car spaces
94 m² floor area
769 m² lot size
House

Estimated Value

Based on this property and similar 3 bedroom houses sold in Lindisfarne over the last 12 months, the estimated median property value of 199 Derwent Avenue is $752.5k.

Median value
$752.5k
Estimated value range
$555k - $1.5m
Median days on market
21
Estimated value trend
4%
increase over the last 12 months
Average days on market is based on recent, comparable sales in Lindisfarne. 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 199 Derwent Avenue

2026
Sold
$730,000
28 Apr 2026 by Jake Towns, of Petrusma Property - Hobart/ Sandy Bay

Happy sellers in Lindisfarne

79%
79% of sellers in Lindisfarne reported that their sale price either exceeded or met their price expectations.

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

This is based on voluntary sentiment collected from 33 reviews in Lindisfarne over the last 12 months.

Local market activity for 3 bedroom houses in Lindisfarne

In the last 12 months, 55 three-bedroom houses similar to 199 Derwent Avenue, have been sold.

This represents a 22% decrease in three-bedroom houses sales when compared to the previous 12 months.

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