SOLD
Sold on 01 May 2024 for $535,000

3/403 Sandy Bay Road
Sandy Bay TAS 7005

Bedrooms: 2
Bathrooms: 1
Car spaces: -
Floor area: 65m2
Land area: 79m2
Sold By
Lennard McLure Estate
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Property Details for 3/403 Sandy Bay Rd, Sandy Bay

3/403 Sandy Bay Rd, Sandy Bay is a 2 bedroom, 1 bathroom Unit and was built in 1964. The property has a land size of 79m2 and floor size of 65m2. While the property is not currently for sale or for rent, it was last sold in May 2024. There are other 2 bedroom Unit sold in Sandy Bay in the last 12 months.

Building Type
Unit
Year Built
1964
Floor Size
65m2
Land Size
79m2
Local Government
Hobart
Lot/Plan
3/60301

Last Listing description (May 2024)

Situated on the ground floor and occupying one of the very best positions within its highly sought complex, this blue chip property is an absolute stand-out. The location itself is within a short distance of its prestigious suburb's commercial hub, UTAS, land and sea sporting clubs, beach, a host of Hobart's finest private and public schools and so much more.

The property itself hosts close-up water views from the kitchen and living areas. Both bedrooms are extremely spacious and host tranquil garden views and light, the second would certainly be suitable for use as a sunroom with windows on each Northern and Western wall.

The floor plan layout is fabulous with the master bedroom and living areas benefitting from its well-located bathrooms with two-way access. The undercover parking space and locker are well located and so much council parking is also at hand, all within just a few metres of the front door.

This property is currently leased by outstanding tenants, the presentation here a testament to their exceptionally high standards.

Property History for 3/403 Sandy Bay Rd, Sandy Bay, TAS 7005

A timeline of how this property has performed in the market
Last Sold
$535,000
01 May 2024
  • 01 May 2024
    Sold for $535,000
  • 19 Feb 2024
    Listed for Sale Offers Over $550,000
  • 08 May 1992
    Sold for $101,000

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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 5,844 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 25 properties listed for sale, and 15 properties listed for rent in Sandy bay on OnTheHouse. According to CoreLogic's data, 198 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.