OFF MARKET

2/16 Ascot Avenue
Sandy Bay TAS 7005

Bedrooms: 2
Bathrooms: 1
Car spaces: 1
Floor area: 82m2
Land area: 128m2
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Property Details for 2/16 Ascot Ave, Sandy Bay

2/16 Ascot Ave, Sandy Bay is a 2 bedroom, 1 bathroom House with 1 parking spaces and was built in 1976. The property has a land size of 128m2 and floor size of 82m2. While the property is not currently for sale or for rent, it was last sold in April 2022.

Building Type
House
Year Built
1976
Floor Size
82m2
Land Size
128m2
Local Government
Hobart
Lot/Plan
2/58776

Last Listing description (May 2022)

This is an outstanding opportunity to purchase Unit 2/16 Ascot Avenue, Sandy Bay. This well presented unit would suit first home buyers or investors looking to buy in a blue chip suburb.

Thoughtfully enhanced, this unit offers a U-shaped kitchen with near new appliances, and an open-plan dining and living room that is bright and spacious with incredible Derwent river views.

Two spacious bedrooms feature built in wardrobes and views to the shared grounds, whilst the bathroom has been well maintained and comprises a shower over bath, toilet and vanity, with an additional laundry space.

Surrounded by low maintenance common grounds with off street undercover parking for 1 car, the astute purchaser can enter a sought after suburb to live, or invest whilst enjoying a high rental yield and low outgoings with no body corporate fees.

Within walking distance to the University and Hill Street Grocer, along with being just a short commute to the Sandy Bay shopping precinct, and the CBD, this investment property presents excellent value and future potential.

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Property History for 2/16 Ascot Ave, Sandy Bay, TAS 7005

A timeline of how this property has performed in the market
Last Sold
$683,000
14 Apr 2022
Listed for Rent
$310/w
04 Apr 2016
  • 14 Apr 2022
    Sold for $683,000
  • 07 Apr 2022
    Listed for Sale $525,000 + price range
  • 15 Feb 2016
    Listed for Rent $310 / 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 5,841 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 27 properties listed for sale, and 16 properties listed for rent in Sandy bay on OnTheHouse. According to CoreLogic's data, 184 properties were sold in the past 12 months in Sandy bay.

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