SOLD
Sold on 03 Jan 2024 for $420,000

409/1 Sandy Bay Road
Hobart TAS 7000

Bedrooms: 2
Bathrooms: 1
Car spaces: 1
Floor area: 69m2
Land area: 69m2
Sold By
Edwards Windsor Hobart
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Property Details for 409/1 Sandy Bay Rd, Hobart

Building Type
Commercial
Year Built
1928
Floor Size
69m2
Land Size
69m2
Local Government
Hobart
Lot/Plan
409/151831

Last Listing description (November 2012)

Serviced Apartment ??? Hobart
Set and Forget or Live In (STCA)
Edwards Windsor has been appointed to offer for sale a one-bedroom Serviced apartment, located on the fourth level of 1 Sandy Bay Road.

The property is located on the fringe of the Hobart CBD, opposite St Davids Parks, and within walking distance to Sullivans Cove.
The spacious apartment is fully furnished, with water views, and an area of 70 sqm.
The apartment is available for sale subject to an existing letting agreement, with management by the Mantra Group.
The property provides an excellent opportunity for an astute investor or alternatively an owner-occupier (STCA) to acquire a well-located and spacious apartment.
Call now for more information.

Property History for 409/1 Sandy Bay Rd, Hobart, TAS 7000

A timeline of how this property has performed in the market
Last Sold
$420,000
03 Jan 2024
  • 03 Jan 2024
    Sold for $420,000
  • 07 Sep 2012
    Listed for Sale 265000
  • 19 Sep 2007
    Sold for $260,000

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About Hobart 7000

The size of Hobart is approximately 2.1 square kilometres. It has 10 parks covering nearly 4.8% of total area. The population of Hobart in 2011 was 2,102 people. By 2016 the population was 2,298 showing a population growth of 9.3% in the area during that time. The predominant age group in Hobart is 20-29 years. Households in Hobart are primarily childless couples and are likely to be repaying $1800 - $2399 per month on mortgage repayments. In general, people in Hobart work in a professional occupation. In 2011, 31.3% of the homes in Hobart were owner-occupied compared with 26.4% in 2016.

Hobart has 3,028 properties. Over the last 5 years, Houses in Hobart have seen a 27.83% increase in median value, while Units have seen a 34.77% increase. As at 31 October 2024:

  • The median value for Houses in Hobart is $1,051,039 while the median value for Units is $818,558.
  • Houses have a median rent of $560 while Units have a median rent of $575.
There are currently 15 properties listed for sale, and 29 properties listed for rent in Hobart on OnTheHouse. According to CoreLogic's data, 67 properties were sold in the past 12 months in Hobart.

Suburb Insights for Hobart 7000

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Disclaimer
Whilst all reasonable effort is made to ensure the information in this publication is current, CoreLogic does not warrant the accuracy or completeness of the data and information contained in this publication and to the full extent not prohibited by law excludes all for any loss or damage arising in connection with the data and information contained in this publication.