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Sold on 19 Nov 2024 for $480,000

4/59-61 York Street
Sandy Bay TAS 7005

Bedrooms: 1
Bathrooms: 1
Car spaces: -
Floor area: 60m2
Land area: 248m2
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lennard mclure
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Property Details for 4/59-61 York St, Sandy Bay

4/59-61 York St, Sandy Bay is a 1 bedroom, 1 bathroom Unit and was built in 1935. The property has a land size of 248m2 and floor size of 60m2. While the property is not currently for sale or for rent, it was last sold in November 2024. There are other 1 bedroom Unit sold in Sandy Bay in the last 12 months.

Building Type
Unit
Year Built
1935
Floor Size
60m2
Land Size
248m2
Local Government
Hobart
Lot/Plan
4/59116

Last Listing description (November 2024)

Situated in a prime quarter of Sandy Bay, so close to all this exclusive suburb offers, including UTAS, vogue eateries, cafes, delicatessens and supermarkets. This is certainly a studio with class, its sheer space, light filled living areas, laid back ambience and peaceful country aura are all qualities we don't expect to find in this category of property.

The garden is included and solely titled to this unit. Two pets are allowed under body corporate rules. A radiant Walnut tree and stand-alone outdoor studio/gazebo are prominent within the grounds, an expansive garden shed completes the property.

This property would seem ideal for first home buyers, singles, couples or retirees wishing to live in such a relaxed tranquil environment so close to so much, all with a bargain basement price tag and a 7005 postcode.

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Property History for 4/59-61 York St, Sandy Bay, TAS 7005

A timeline of how this property has performed in the market
Last Sold
$480,000
19 Nov 2024
Listed for Rent
$400/w
10 Apr 2019
  • 19 Nov 2024
    Sold for $480,000
  • 12 Nov 2024
    Listed for Sale Offers Over $430,000
  • 03 Apr 2019
    Listed for Rent $400 / 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 5,856 properties. Over the last 5 years, Houses in Sandy Bay have seen a 28.24% increase in median value, while Units have seen a 12.81% increase. As at 30 November 2024:

  • The median value for Houses in Sandy Bay is $1,266,850 while the median value for Units is $629,368.
  • Houses have a median rent of $620 while Units have a median rent of $500.
There are currently 25 properties listed for sale, and 13 properties listed for rent in Sandy bay on OnTheHouse. According to CoreLogic's data, 180 properties were sold in the past 12 months in Sandy bay.

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