SOLD
Sold on 16 Jan 2024 for $440,000

2/4 Capri Drive
Sandy Bay TAS 7005

Bedrooms: 1
Bathrooms: 1
Car spaces: -
Floor area: 57m2
Land area: 57m2
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Property Details for 2/4 Capri Dr, Sandy Bay

2/4 Capri Dr, Sandy Bay is a 1 bedroom, 1 bathroom House and was built in 1973. The property has a land size of 57m2 and floor size of 57m2. While the property is not currently for sale or for rent, it was last sold in January 2024. There are other 1 bedroom House sold in Sandy Bay in the last 12 months.

Building Type
House
Year Built
1973
Floor Size
57m2
Land Size
57m2
Local Government
Hobart
Lot/Plan
2/59236

Last Listing description (March 2024)

Here lies a great opportunity for savvy investors and home hunters to acquire an affordable unit in Hobart's premium blue-ribbon suburb of Sandy Bay.
Filled with natural light and capturing glorious River Derwent views, the accommodation comprises an updated kitchen, living area with large window framing the view, double bedroom (with built-in wardrobe) and bathroom with shower over bath incorporating laundry facilities.
Currently tenanted at $390 per week until mid January 2024 and situated in a prime location providing easy access to Sandy Bay shopping, the University of Tasmania and popular Hill Street Grocer, this fantastic unit is a great addition to your investment portfolio or wonderful home to settle into.

Property History for 2/4 Capri Dr, Sandy Bay, TAS 7005

A timeline of how this property has performed in the market
Last Sold
$440,000
16 Jan 2024
Listed for Rent
$380/w
23 Jun 2022
  • 16 Jan 2024
    Sold for $440,000
  • 30 Nov 2023
    Listed for Sale Offers Over $420,000
  • 28 May 2021
    Listed for Rent $380 / 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 5,853 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 21 properties listed for rent in Sandy bay on OnTheHouse. According to CoreLogic's data, 203 properties were sold in the past 12 months in Sandy bay.

Suburb Insights for Sandy Bay 7005

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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.