OFF MARKET

692 Sandy Bay Road
Sandy Bay TAS 7005

Bedrooms: 3
Bathrooms: 3
Car spaces: 4
Floor area: 228m2
Land area: 1385m2
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Property Details for 692 Sandy Bay Rd, Sandy Bay

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.

Building Type
House
Year Built
1958
Floor Size
228m2
Land Size
1385m2
Local Government
Hobart
Lot/Plan
1/104348

Last Listing description (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.

Property History for 692 Sandy Bay Rd, Sandy Bay, TAS 7005

A timeline of how this property has performed in the market
Last Sold
$2,000,000
13 Aug 2020
  • 13 Aug 2020
    Sold for $2,000,000
  • 18 Mar 2020
    Listed for Sale Offers over $1.85 million
  • 24 Jul 1984
    Sold for $102,010

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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 5,842 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.
There are currently 27 properties listed for sale, and 16 properties listed for rent in Sandy bay on OnTheHouse. According to CoreLogic's data, 185 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.