SOLD
RECENT ADVICE
Sold on 06 Mar 2024 for $720,000

1/12 Star Street
Sandy Bay TAS 7005

Bedrooms: 2
Bathrooms: 1
Car spaces: 1
Floor area: 77m2
Land area: 94m2
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Property Details for 1/12 Star St, Sandy Bay

1/12 Star St, Sandy Bay is a 2 bedroom, 1 bathroom Apartment with 1 parking spaces and was built in 1978. The property has a land size of 94m2 and floor size of 77m2. While the property is not currently for sale or for rent, it was last sold in March 2024. There are other 2 bedroom Apartment sold in Sandy Bay in the last 12 months.

Building Type
Apartment
Year Built
1978
Floor Size
77m2
Land Size
94m2
Local Government
Hobart
Lot/Plan
1/60234

Last Listing description (March 2024)

If location, level access and capital growth matter to you – then this c1978 Sandy Bay apartment on the cusp of Battery Point should be on your shopping list.

1/12 Star Street just off prestigious Fitzroy Place, is a beautifully presented ground floor 2 bedroom property, one of nine in the tightly held 'Galaxy Apartments' building nestled quietly into the landscape in a garden setting with most of the apartments owner occupied.

The accommodation comprises 2 good sized bedrooms, a tastefully modernised kitchen with pantry, a large lounge / dining area and a recently renovated bathroom with laundry facilities. The level access and weather protected entrance opens to a foyer lined with storage cupboards before leading to the living room, bedrooms and bathroom. A sunny North facing balcony provides a peaceful and private alcove for morning coffee with loads of natural light entering both the apartment and master bedroom on that side of the well maintained building. A Fujitsu heat pump A/C and 2 x panel heaters ensure an even temperature all year round.

External storage lockers are part of the title as is a 1 car undercover parking space. An affordable body corporate maintains the grounds and ensures no sublet tenancy of less than 6 months can occur in the building.

Wonderfully located, this desirable property will appeal to owner occupiers seeking an enviable inner city lifestyle or astute investors waiting for a quality investment with guaranteed capital growth.

Property History for 1/12 Star St, Sandy Bay, TAS 7005

A timeline of how this property has performed in the market
Last Sold
$720,000
06 Mar 2024
Listed for Rent
$345/w
14 Nov 2010
  • 06 Mar 2024
    Sold for $720,000
  • 07 Feb 2024
    Listed for Sale Offers around $750,000
  • 01 Oct 2014
    Sold for $385,000
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About Sandy Bay 7005

The size of Sandy Bay is approximately 6.9 square kilometres. It has 14 parks covering nearly 23% of total area. The population of Sandy Bay in 2011 was 11,156 people. By 2016 the population was 11,925 showing a population growth of 6.9% in the area during that time. The predominant age group in Sandy Bay is 20-29 years. Households in Sandy Bay are primarily childless couples and are likely to be repaying $1800 - $2399 per month on mortgage repayments. In general, people in Sandy Bay work in a professional occupation. In 2011, 63.1% of the homes in Sandy Bay were owner-occupied compared with 61.5% in 2016.

Sandy Bay has 5,844 properties. Over the last 5 years, Houses in Sandy Bay have seen a 37.00% increase in median value, while Units have seen a 19.52% increase. As at 31 October 2024:

  • The median value for Houses in Sandy Bay is $1,320,252 while the median value for Units is $648,147.
  • Houses have a median rent of $620 while Units have a median rent of $495.
There are currently 25 properties listed for sale, and 15 properties listed for rent in Sandy bay on OnTheHouse. According to CoreLogic's data, 198 properties were sold in the past 12 months in Sandy bay.

Suburb Insights for Sandy Bay 7005

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Hugh Balcombe
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Elders Tasmania
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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.