SOLD
Sold on 07 Mar 2024 for $335,000

1/8 Woolton Place
Sandy Bay TAS 7005

Bedrooms: 1
Bathrooms: 1
Car spaces: 1
Floor area: 37m2
Land area: 122m2
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Property Details for 1/8 Woolton Pl, Sandy Bay

1/8 Woolton Pl, Sandy Bay is a 1 bedroom, 1 bathroom Unit with 1 parking spaces and was built in 1977. The property has a land size of 122m2 and floor size of 37m2. While the property is not currently for sale or for rent, it was last sold in March 2024. There are other 1 bedroom Unit sold in Sandy Bay in the last 12 months.

Building Type
Unit
Year Built
1977
Floor Size
37m2
Land Size
122m2
Local Government
Hobart
Lot/Plan
1/59241

Last Listing description (May 2024)

Nestled within a friendly neighbourhood and positioned at the end of a quiet cul de sac, yet only a short stroll to Hill Street Grocer and within minutes to the bustling Sandy Bay shopping precinct, 1/8 Woolton Place makes for an ideal home, investment or inner-city bolthole.

Recently updated with new floor coverings and freshly painted throughout the functional layout is perfectly tailored for those seeking low-maintenance living or astute investors scouting their next opportunity.

Included with the unit is an undercover carport, outdoor storage, and a rear outhouse laundry. The strata shares a wonderful 682 sqm garden with a BBQ area providing a peaceful escape in the warmer months which overlooks the adjoining Bicentennial Park and Lambert Rivulet Track.

Within minutes to the University of Tasmania, and only a 5-minute drive to Hobart CBD, this unit offers an exciting opportunity to secure prime real estate in a sought-after locale.

? Annual council rates: $1700 approx.
? Annual water rates: $1000 approx.

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Property History for 1/8 Woolton Pl, Sandy Bay, TAS 7005

A timeline of how this property has performed in the market
Last Sold
$335,000
07 Mar 2024
Listed for Rent
$180/w
27 Mar 2013
  • 07 Mar 2024
    Sold for $335,000
  • 28 Jan 2024
    Listed for Sale Offers over $325,000
  • 26 Nov 2013
    Sold for $151,000
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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 5,853 properties. Over the last 5 years, Houses in Sandy Bay have seen a 28.55% increase in median value, while Units have seen a 30.69% increase. As at 31 August 2024:

  • The median value for Houses in Sandy Bay is $1,249,419 while the median value for Units is $694,212.
  • Houses have a median rent of $600 while Units have a median rent of $478.
There are currently 23 properties listed for sale, and 20 properties listed for rent in Sandy bay on OnTheHouse. According to CoreLogic's data, 204 properties were sold in the past 12 months in Sandy bay.

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