OFF MARKET

42 Parliament Street
Sandy Bay TAS 7005

Bedrooms: 4
Bathrooms: 1
Car spaces: 2
Floor area: 209m2
Land area: 378m2
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Property Details for 42 Parliament St, Sandy Bay

42 Parliament St, Sandy Bay is a 4 bedroom, 1 bathroom House with 2 parking spaces. The property has a land size of 378m2 and floor size of 209m2. While the property is not currently for sale or for rent, it was last sold in April 2019.

Building Type
House
Floor Size
209m2
Land Size
378m2
Local Government
Hobart
Lot/Plan
1/123866

Last Listing description (April 2019)

Desirably located in a quiet enclave of old Sandy Bay, this prominent circa 1940s brick art deco building was first constructed for Braithwaite's Bakery, once a thriving business and now a solidly built four-bedroom home. With elements preserved like a time capsule, this property will appeal to those with a love of Art Deco architecture, with many exceptional original features retained throughout the home.

Set across two storeys, the lower level is dedicated to living, with an expansive formal dining and living room and generously proportioned kitchen with space for casual dining. The living room has an original brick fireplace and ornate windows feature in this room.


The timber staircase to the upper level reveals four double bedrooms and a central bathroom. Like the lower level, these rooms have an array of original features including picture rails and ornate ceiling panels, demonstrating a level of decorative craftsmanship that is rarely displayed in contemporary builds.

Positioned on an allotment of 307 sqm and largely sheltered by a substantial brick fence, the sun catching rear garden has a covered courtyard and patio with plenty of scope for a green thumb to further develop this outdoor living space. The large workshop and storeroom could be renovated into a fabulous studio apartment(STCA) with separate access from the street. A garage and driveway provide off street parking for two vehicles.

Nearby to excellent local schools, parks, cafes and the shops and amenities of Sandy Bay, this is a flexible property that will appeal to a range of purchasers from small families to professional couples and retirees. Offering a vibrant lifestyle in a great location and with enormous potential, this is a truly special opportunity to acquire a piece of Tasmania's history.

Property History for 42 Parliament St, Sandy Bay, TAS 7005

A timeline of how this property has performed in the market
Last Sold
$913,000
30 Apr 2019
  • 30 Apr 2019
    Sold for $913,000
  • 14 Mar 2019
    Listed for Sale Offers over $880,000

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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 16 properties listed for rent in Sandy bay on OnTheHouse. According to CoreLogic's data, 183 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.