4 Grace StreetSandy Bay TAS 7005
Property Details for 4 Grace St, Sandy Bay
4 Grace St, Sandy Bay is a 3 bedroom, 1 bathroom House with 1 parking spaces and was built in 1955. The property has a land size of 708m2 and floor size of 164m2. While the property is not currently for sale or for rent, it was last sold in November 2023.
Last Listing description (July 2013)
Under instruction from the University of Tasmania, Harcourts Hobart now bring the residential premises of 4 Grace Street Sandy Bay to the market for offers. Comprising a 3 bed 1 bathroom house on 2 levels with substantial basement storage - the rendered brick property is located within the University precinct, adjacent to Sandy Bay Road public transport and a short walk to the Derwent foreshore and Sandy Bay shopping centre.
Set on an approx 700M2 allotment, 4 Grace Street will suit those with a vision for a major redevelopment of the site. The house has suffered subsidence at the back of the property and is appropriately signed by UTas with barriers to prevent entry to potentially unsafe areas.
Visitors to the site enter at their own risk unless accompanied by a Harcourts representative. The house will be advertised for open home access and is safe to enter provided UTas signage is accepted and understood. There are no builders nor engineering reports provided, buyers will need to make their own assessment of the property on a 'where is as is' basis.
While ready for a major redevelopment - this listing offers the 3 essential elements for property investment. Location, location, location. Watch the press for open homes or call Jim Playsted 0437 222600 at Harcourts Hobart for an inspection appointment.
Property History for 4 Grace St, Sandy Bay, TAS 7005
- 14 Nov 2023Sold for $450,000
- 19 Jun 2013Sold for $426,000
- 19 Mar 2013Listed for Sale OFFERS OVER $450,000
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0About 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.
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