692 Sandy Bay Rd, Sandy Bay is a 3 bedroom, 3 bathroom House with 4 parking spaces and was built in 1958. The property has a land size of 1385m2 and floor size of 228m2. While the property is not currently for sale or for rent, it was last sold in August 2020.
Extensive waterfront property with beach access offering panoramic views of the River Derwent, this property is brimming with potential and is an exceptional opportunity to acquire a substantial holding in one of Hobart's most sought after waterside locations. Built in 1945, the solid brick construction provides an excellent canvas, typical of the home's era. Contemporary updates throughout offer modern convenience and the flexible floorplan accommodates multiple living areas and many vantage points from which to admire the picturesque views of the established gardens and River Derwent. The generously proportioned kitchen has plenty of storage and the formal dining, living and sitting rooms create seamless indoor/outdoor living with access to the sunny deck overlooking the water, ensuring ample space for entertaining family and friends.The master suite is a private retreat with walk-in wardrobe, mesmerising water views and access to the deck. Three further double bedrooms are serviced by the central family bathroom and second shower combined with the laundry and separate WC. The lower level contains a rumpus and storage and workshop space. Original 1940s features are peppered throughout the home and a secure double garage, gas heater, heatpump, panel heaters, NBN and natural gas connection adds amenity. Close to excellent local schools, UTAS, the recreational facilities of the Nutgrove precinct and the restaurants and cafes of Lower Sandy Bay, everything a family could want or need is on the doorstep. Offering beach access, astute purchasers will realise the immense potential of this large parcel of waterfront property, an almost unheard of proposition in this established suburb.
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:
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