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1-3/36-40 Morrisby Road, Old Beach$375,000
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1-3/36-40 Morrisby Road

Old Beach, TAS 7017, Australia
$375,000
650 m²

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About this property

Representing a genuinely rare release in the tightly held Old Beach market, these three allotments offer an increasingly hard-to-find combination of waterfront and waterside positioning, generous proportions and sweeping views across the River Derwent and beyond. Set within an established neighbourhood of quality homes, the scarcity of land of this calibre immediately sets these sites apart and positions them to attract strong buyer interest. Each allotment spans 650m², providing an ideal balance between lifestyle space and design flexibility. The proportions will appeal equally to those dreaming of building a bespoke home in a peaceful waterside setting and to buyers seeking well-shaped parcels with excellent outlook and enduring long-term value. Importantly, key groundwork has already been addressed, with the stormwater easement over Crown land in place. This removes a significant development hurdle and provides valuable certainty for purchasersan uncommon advantage when securing vacant land. Surrounded by established residential amenity and within easy reach of shopping, services, public transport and Hobart's CBD, the setting delivers everyday convenience while preserving the lifestyle appeal that makes Old Beach so consistently sought after. The three allotments are being offered for sale individually, while marketed together to showcase the full scope of opportunity available. Whether securing a single premium homesite or considering future flexibility across multiple blocks, opportunities of this calibre are rarely presented to the market.

Property Details

Property Type
land
Listing Type
For Sale
Land Area
650 m²
Listed
3 months ago

Repayment calculator

$1,818/month
$909 /fortnight
Loan $300,000 at 6.10% over 30 years

Upfront costs

Deposit$75,000
Stamp duty$12,935
Conveyancing (est.)$2,000
Total upfront$89,935
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Indicative figures only — not a quote. Real loan offers depend on the lender; duty depends on contract terms and applicable concessions.

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Neighbourhood

Living in Old Beach

This land in Old Beach, TAS 7017 sits within reach of public transport, local amenities. It is listed 40% below the $625,000 median of 67 comparable landswithin 5 km.

What's nearby

  • Gage Rd (Tivoli) In (bus)2.4 km away

Old Beach at a glance

Full suburb profile
Population
4,394
Median age
40
Household income
$1,865/wk
Median rent
$400/wk
Median mortgage
$1,517/mo

Source: ABS Census.

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Suburb market

Suburb price trend

Old Beach price trend

Median sold · House 3 bed

Compound growth -1.4% / yr over 4 yrs

$695kcurrent median

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Price history

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