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Sold on 10 Oct 2024 for $975,000

6/5 Balfour Court
Sandy Bay TAS 7005

Bedrooms: 4
Bathrooms: 2
Car spaces: 2
Floor area: 217m2
Land area: 460m2
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Property Details for 6/5 Balfour Ct, Sandy Bay

6/5 Balfour Ct, Sandy Bay is a 4 bedroom, 2 bathroom Unit with 2 parking spaces. The property has a land size of 460m2 and floor size of 217m2. While the property is not currently for sale or for rent, it was last sold in October 2024. There are other 4 bedroom Unit sold in Sandy Bay in the last 12 months.

Building Type
Unit
Floor Size
217m2
Land Size
460m2

Last Listing description (October 2024)

Ideally positioned in a lovely established neighbourhood, this well-presented home has two lounge areas, elevated river and mountain views, and a private courtyard, all within walking distance from the riverfront and just 3.8 km from Hobart's CBD.

As you enter the home, you will be welcomed in to a large loungeroom with a cathedral ceiling, views of kunanyi, and plenty of room for the whole family making it an inviting space to gather. Across the hallway, the kitchen and dining area are filled with natural light thanks to the north facing corner aspect.

Sliding glass doors open up the dining area straight onto the balcony where you can truly appreciate stunning mountain and river views across the treetops. This is the perfect place to unwind with your favourite drink at the end of the day while you watch little boats glide by and the twinkling lights come on at night.

Offering ample space for everyone, there are two bedrooms and a bathroom upstairs and a further bedroom and bathroom downstairs. The second lounge or rumpus room could alternatively be utilised as a fourth bedroom according to your needs.

From the lower level, there is access to a private courtyard and established gardens where you can relax and take in the sunshine. Parking is not a problem as the garage provides space for two vehicles plus there is a third parking space at the front of the property. The garage also has extra room for storage or a workshop.

Located in sought after Sandy Bay, transport is just 400 metres away, Lords Beach is 800 metres down the road, the University of Tasmania is 1.3 km away, and you can cycle into the city within 20 minutes. Views, private outdoor space, and room to grow so close to the city; interest in this property is anticipated to be high.

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Property History for 6/5 Balfour Ct, Sandy Bay, TAS 7005

A timeline of how this property has performed in the market
Last Sold
$975,000
10 Oct 2024
Listed for Rent
$694/w
10 May 2021
  • 10 Oct 2024
    Sold for $975,000
  • 11 Sep 2024
    Listed for Sale Offers Over $995,000
  • 22 Feb 2021
    Listed for Rent $700 / 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 23 properties listed for sale, and 15 properties listed for rent in Sandy bay on OnTheHouse. According to CoreLogic's data, 179 properties were sold in the past 12 months in Sandy bay.

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Georgie Rayner
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