SOLD
RECENT ADVICE
Sold on 30 Aug 2024 for $680,000

23 Duke Street
Sandy Bay TAS 7005

Bedrooms: -
Bathrooms: -
Car spaces: -
Land area: 450m2
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Property Details for 23 Duke St, Sandy Bay

Building Type
Land
Land Size
450m2
Local Government
Hobart
Lot/Plan
1/89647

Last Listing description (August 2024)

This exceptional residential land offers a once in a lifetime opportunity to build your dream home in one of the most sought-after areas not just in Sandy Bay but Hobart as well. Boasting a generous land area of 450 sqm, this near level block provides ample space for you to create a haven tailored to your unique taste and lifestyle.

Situated in the heart of Sandy Bay and with a view of Mount Wellington, this prime location offers the perfect balance between tranquility and convenience. Enjoy the peaceful surroundings while being just moments away from a plethora of amenities, including schools, parks, shops, public transport, medical facilities, 2 major supermarkets, Wrest Point Casino, bottle shop, cafes, restaurants…the list goes on.

The possibilities are endless with this blank canvas. Design and construct your ideal residence (STCA), taking advantage of the ample space to create an outdoor oasis, a spacious family home, or a contemporary masterpiece. Or, if you wish, use the plans which the current owner had approved (now lapsed). Whatever your vision may be, this property provides the perfect foundation to bring it to life. A soil test is available on request.

Don't miss out on this incredible and rare opportunity to secure your slice of Sandy Bay paradise. Properties like this are in high demand, extremely low in supply.

Property History for 23 Duke St, Sandy Bay, TAS 7005

A timeline of how this property has performed in the market
Last Sold
$680,000
30 Aug 2024
  • 30 Aug 2024
    Sold for $680,000
  • 15 Jan 2024
    Listed for Sale Offers Over $749,000
  • 15 Jan 2014
    Sold for $267,500
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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, 193 properties were sold in the past 12 months in Sandy bay.

Suburb Insights for Sandy Bay 7005

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Contact agent
Julian Stepik
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PRDnationwide Hobart
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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.