676 Sandy Bay RoadSandy Bay TAS 7005
Property Details for 676 Sandy Bay Rd, Sandy Bay
676 Sandy Bay Rd, Sandy Bay is a 4 bedroom, 3 bathroom House with 2 parking spaces and was built in 1950. The property has a land size of 643m2 and floor size of 209m2. While the property is not currently for sale or for rent, it was last sold in September 2023.
Last Listing description (May 2024)
Desirably positioned on the water side of Sandy Bay Road, this substantial brick dwelling has been converted into three spacious apartments. The property currently generates an impressive combined weekly rental income of $1,205.00. Two of the apartments have stunning views of the River Derwent. Combined with contemporary updates and electric heating, these apartments offer comfortable and convenient living.
Apartment one ? 2 bedrooms, 1 bathroom. Currently leased until 30/1/24 for $500 per week.
Apartment two ? 1 bedroom, 1 bathroom. Currently leased until 13/8/24 for $395 per week.
For those with a keen eye for renovation, these dwellings could be converted back into one substantial family home. Positioned on a generous allotment of 647 sqm, this property also offers an outstanding opportunity to build your dream home (STCA), with the benefit of receiving rental income whilst planning is underway.
Whatever you decide, you cannot go wrong with this quality property in an unrivalled location with a short walk to Long Beach, restaurants, cafes, shops and the Twighlight Markets. The location is also in the nearby vicinity of Nutgrove Beach, UTAS and just a short drive to Hobart's CBD.
Property History for 676 Sandy Bay Rd, Sandy Bay, TAS 7005
- 04 Sep 2023Sold for $1,375,000
- 30 Aug 2023Listed for Sale Offers over $1,295,000
- 04 Nov 2022Listed for Sale Offers over $1.5 million
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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 5,842 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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