SOLD
Sold on 05 Jun 2024 for $480,000

3/2-4 Flinders Lane
Sandy Bay TAS 7005

Bedrooms: 1
Bathrooms: 1
Car spaces: 1
Floor area: 45m2
Land area: 104m2
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Property Details for 3/2-4 Flinders Lane, Sandy Bay

3/2-4 Flinders Lane, Sandy Bay is a 1 bedroom, 1 bathroom Unit with 1 parking spaces and was built in 1978. The property has a land size of 104m2 and floor size of 45m2. While the property is not currently for sale or for rent, it was last sold in June 2024. There are other 1 bedroom Unit sold in Sandy Bay in the last 12 months.

Building Type
Unit
Year Built
1978
Floor Size
45m2
Land Size
104m2
Local Government
Hobart
Lot/Plan
3/58387

Last Listing description (April 2023)

In a quiet laneway less than a block from Sandy Bay's shopping/restaurant precinct, this bright, one-bedroom apartment is designed for relaxed living. The kitchen-living captures the morning sun and opens to a balcony with a charming view. A perfect retreat!

- Sought-after residential and tourist location
- Excellent investment, short or long-term rental

- Spacious living-dining with reverse cycle heat pump
- Compact galley kitchen with quality appliances
- One-bedroom with stylish ensuite and BIR
- Allocated space for washing machine and dryer
- Lock-up garage, ample storage and small garden
- Walking distance to Hobart CBD, UTAS and foreshore
- Handy location to all amenities and bus routes
- Body Corporate approved for Short Term Accommodation

Property History for 3/2-4 Flinders Lane, Sandy Bay, TAS 7005

A timeline of how this property has performed in the market
Last Sold
$480,000
05 Jun 2024
Listed for Rent
$410/w
25 Feb 2020
  • 05 Jun 2024
    Sold for $480,000
  • 29 Jan 2023
    Listed for Sale Offers $495,000+
  • 02 May 2020
    Sold for $405,000
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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 5,853 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.