OFF MARKET

24 Aotea Road
Sandy Bay TAS 7005

Bedrooms: -
Bathrooms: -
Car spaces: -
Land area: 1082m2
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Property Details for 24 Aotea Rd, Sandy Bay

Building Type
Land
Land Size
1082m2
Local Government
Hobart
Lot/Plan
7/150305

Last Listing description (November 2021)

Presented to the market is this 1,082m2 parcel of premium land with unlimited potential to design your dream home or develop two townhouses (STCA) in one of Hobart's most prestigious addresses.

Enjoying panoramic views of greater Hobart and the ever changing vistas of the River Derwent, whilst being in a very private setting at the end of an executive cul-de-sac, this large north facing block enjoys all-day sunshine and is surrounded by distinctive cutting edge architecturally designed homes.

Land of this quality and in this coveted precinct is a rare commodity and offers enviable options to savvy investors or those seeking to create an extremely desirable lifestyle residence.

Property History for 24 Aotea Rd, Sandy Bay, TAS 7005

A timeline of how this property has performed in the market
Last Sold
$655,000
28 Sep 2021
  • 28 Sep 2021
    Sold for $655,000
  • 27 Sep 2021
    Listed for Sale $595,000+ price range
  • 08 Apr 2019
    Sold for $468,000
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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 5,841 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 17 properties listed for rent in Sandy bay on OnTheHouse. According to CoreLogic's data, 185 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.