OFF MARKET

55 Derwentwater Avenue
Sandy Bay TAS 7005

Bedrooms: 3
Bathrooms: 1
Car spaces: 3
Floor area: 135m2
Land area: 826m2
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Property Details for 55 Derwentwater Ave, Sandy Bay

55 Derwentwater Ave, Sandy Bay is a 3 bedroom, 1 bathroom House with 3 parking spaces and was built in 1961. The property has a land size of 826m2 and floor size of 135m2. While the property is not currently for sale or for rent, it was last sold in June 2022.

Building Type
House
Year Built
1961
Floor Size
135m2
Land Size
826m2
Local Government
Hobart
Lot/Plan
3/91772

Last Listing description (July 2022)

Desirably located in a sought after pocket of Sandy Bay, nestled amongst verdant surrounds on the border of Lambert Park, a recent renovation has sensitively implemented tasteful contemporary updates culminating in a stunning family home.

Set across one level with light-filled and inviting interiors, generously proportioned open plan living forms the heart of the home. The modern kitchen is spacious and highly functional with Caesar stone benchtops and integrated appliances. It also provides seamless access to the sun-drenched entertaining deck.

The spacious living and dining room enjoys the beautiful ambience of a warm fire for comfort in the cooler months. Three double bedrooms each have built in robes and are serviced by the fully renovated bathroom with chic monochromatic design, under tile heating and luxuriously deep freestanding bathtub.

With capacious storage, quality fixtures and fittings have been implemented throughout. Weathered Spotted Gum flooring adds warmth and depth and designer double glazed windows bolster the home's energy efficiency and capture the contrast of city and bushland views. A combination of wood and electric heating, a workshop/utility room and off street parking for up to three vehicles enhance the amenity of the home.

Surrounded by easy care landscaped gardens, bushwalking is available right on the doorstep with nature trails close by. Close to excellent schools, UTAS, the gourmet Hill Street grocer, public transport and local parks and cafes, this home is also within walking or cycling distance to the beaches of Lower Sandy Bay and all the facilities of Sandy Bay Village. Exceptional in every way, this is an outstanding opportunity to acquire a quality residence and enviable lifestyle and address.

Property History for 55 Derwentwater Ave, Sandy Bay, TAS 7005

A timeline of how this property has performed in the market
Last Sold
$1,350,000
27 Jun 2022
  • 27 Jun 2022
    Sold for $1,350,000
  • 03 May 2022
    Listed for Sale Offers over $1.35 million
  • 27 Jan 2018
    Sold for $785,000
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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 18 properties listed for rent in Sandy bay on OnTheHouse. According to CoreLogic's data, 184 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.