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Sold on 10 Sep 2024 for $680,000

1/4 Jersey Street
Sandy Bay TAS 7005

Bedrooms: 3
Bathrooms: 1
Car spaces: 1
Floor area: 103m2
Land area: 146m2
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Insitu Property Hobart
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Property Details for 1/4 Jersey St, Sandy Bay

1/4 Jersey St, Sandy Bay is a 3 bedroom, 1 bathroom Unit with 1 parking spaces and was built in 1961. The property has a land size of 146m2 and floor size of 103m2. While the property is not currently for sale or for rent, it was last sold in September 2024. There are other 3 bedroom Unit sold in Sandy Bay in the last 12 months.

Building Type
Unit
Year Built
1961
Floor Size
103m2
Land Size
146m2
Local Government
Hobart
Lot/Plan
1/58550

Last Listing description (September 2024)

Nestled in a serene enclave just moments from the vibrant heart of Sandy Bay, 1/4 Jersey Street offers an alluring blend of midcentury charm and modern convenience. This expansive apartment, the largest in its complex, is a hidden gem, offering a stylish abode in one of Hobart's most sought-after neighbourhoods.

Privately positioned and occupying the entire level of the complex, the front door opens into an entry hall, leading you to the open plan living, dining and kitchen boasting expansive picture windows looking out to district views, and a balcony which you can enjoy afternoon sun in summer - the perfect spot to sit and sip a Tasmanian gin & tonic.

The well-appointed and stylishly upgraded kitchen is conveniently situated adjacent to the dining area, so you can cook for friends and family without missing out on socialising! Features include a stylish light box above cabinetry, Westinghouse oven and 4 hob induction cooktop, Bosch dishwasher, pantry, ample bench space and a breakfast bar.

The cosy lounge extends the invitation to relax and unwind and also takes in the view over Sandy Bay. You can hear the soothing sounds of the Sandy Bay rivulet, which is home to a variety of wildlife. Occasionally a wallaby may bound up the street, as a nice reminder of how close even inner-city suburbs are to nature in Hobart.

The apartment features three bedrooms, all with built-in wardrobes - two generous double bedrooms and a smaller third room suitable for children or a home office, each benefitting from district or water views. The beautifully upgraded combined bathroom and laundry features a large walk-in shower and double basin vanity with waterfall taps.

Adding to its allure, the apartment is one of only four in the complex featuring a lock up, remote access garage, providing both convenience and peace of mind. Residents also benefit from a large communal space located at the top of the main driveway. It has the potential to become an amazing place for BBQs, or a communal garden with raised beds. The space captures amazing views - think watching the Sydney to Hobart yachts or New Years fireworks.

Situated just moments from Hobart's CBD and the bustling cafes and shops of Sandy Bay, yet positioned privately in a quiet street, this home is a perfect option for singles or couples, retirees, savvy investors, or those looking to downsize without compromising. With a solid concrete construction, 1/4 Jersey Street is peaceful and feels separate from neighbouring apartments. Freshly painted throughout, there is nothing to do except move in and enjoy everything this tidy property has to offer.

For more information or to arrange a private viewing, contact us today!

Heating: 1 x reverse cycle air conditioner
Year built: 1961
Council rates: $2,374 p.a. approx.
Water rates: $896 p.a. approx.
Strata rates: $5,002 p.a. approx. (has established Body Corporate with sinking fund)

Property History for 1/4 Jersey St, Sandy Bay, TAS 7005

A timeline of how this property has performed in the market
Last Sold
$680,000
10 Sep 2024
Listed for Rent
$580/w
23 Aug 2022
  • 10 Sep 2024
    Sold for $680,000
  • 27 Jul 2024
    Listed for Sale Not Disclosed
  • 04 Aug 2022
    Listed for Rent $580 / week
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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 35.40% increase in median value, while Units have seen a 26.32% increase. As at 30 September 2024:

  • The median value for Houses in Sandy Bay is $1,289,506 while the median value for Units is $671,744.
  • Houses have a median rent of $605 while Units have a median rent of $480.
There are currently 25 properties listed for sale, and 16 properties listed for rent in Sandy bay on OnTheHouse. According to CoreLogic's data, 192 properties were sold in the past 12 months in Sandy bay.

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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.