SOLD
Sold on 12 Jan 2024 for $860,000

17 Nile Avenue
Sandy Bay TAS 7005

Bedrooms: -
Bathrooms: -
Car spaces: -
Land area: 622m2
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Property Details for 17 Nile Ave, Sandy Bay

Building Type
Land
Land Size
622m2
Local Government
Hobart
Lot/Plan
1/63793

Last Listing description (March 2024)

Set in quiet street with magnificent views and within minutes' drive of Hobart's CBD, this vacant, north facing, gently sloping residential building allotment, offers you the opportunity to build your dream home. This parcel of land is set amongst some of Sandy Bay's best properties and is the only available block in the street. The premium location lends itself to incredible vistas whilst only being a 2-3 minute walk from the shops and the beach.

With various elite schools, the University of Tasmania, and all major services just moments from the allotment, this property is certainly a rare find. With water views and all-day sun, this is the ideal place to create lasting memories with your family in your new architecturally designed home (STCA).

Land size approx: 622m2

Council rates: $3,500 pa approx
Zoning: General residential

Property History for 17 Nile Ave, Sandy Bay, TAS 7005

A timeline of how this property has performed in the market
Last Sold
$860,000
12 Jan 2024
  • 12 Jan 2024
    Sold for $860,000
  • 14 Nov 2023
    Listed for Sale $895,000+ price range
  • 11 Feb 2015
    Sold for $515,000
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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 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 24 properties listed for sale, and 17 properties listed for rent in Sandy bay on OnTheHouse. According to CoreLogic's data, 196 properties were sold in the past 12 months in Sandy bay.

Suburb Insights for Sandy Bay 7005

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Nick Morgan
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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.