301/1 Sandy Bay Road, Hobart, TAS 7000 | Property Value & History | OnTheHouse
OFF MARKET

301/1 Sandy Bay Road
Hobart TAS 7000

Bedrooms: 2
Bathrooms: 2
Car spaces: 1
Floor area: 58m2
Land area: 58m2
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Property Details for 301/1 Sandy Bay Rd, Hobart

301/1 Sandy Bay Rd, Hobart is a 2 bedroom, 2 bathroom Unit with 1 parking spaces and was built in 1928. The property has a land size of 58m2 and floor size of 58m2. While the property is not currently for sale or for rent, it was last sold in January 2021.

Building Type
Unit
Year Built
1928
Floor Size
58m2
Land Size
58m2
Local Government
Hobart
Lot/Plan
301/151831

Last Listing description (May 2011)

Apartment Residence in the Heart of the City (STCA)
An interconnecting door opens the possibility of making these two apartments into a stunning 126sqm inner-city residence. Currently part of the Mantra group's ''One Sandy Bay Road'' apartment hotel, recent approvals by the Hobart City Council have paved the way for the owners of these apartments to create a generous permanent residence with 2 plus bedrooms, 2 bathrooms and flexible lifestyle spaces. Minor modifications could result in a 3 bedroom, two living area apartment. These two apartments are the only ones in this building with an existing interconnecting door, thus, exclusively facilitating the possible conversion into such a spacious and airy St David's Park precinct residence.
Soaring ceilings add to the spacious ambience and you could add your own individual touches to the modern neutral palette. Inner city luxury, with cityscape and mountain views; these units also offer a very secure lifestyle.

Currently fully furnished and with a high occupancy rate offering a fantastic investment return of near 7%, you might choose to reap the returns before you decide to move in!
Across the road from beautiful St David's Park, you will live on the doorstep of Hobart's CBD and Salamanca - with its stunning restaurants and cafes. You have only a short walk to the Sandy Bay shopping precinct or the myriad attractions of the waterfront. Secure car parking could be procured within the complex.
Additional feature/s - Built-In Wardrobes.

Property History for 301/1 Sandy Bay Rd, Hobart, TAS 7000

A timeline of how this property has performed in the market
Last Sold
$735,000
08 Jan 2021
  • 08 Jan 2021
    Sold for $735,000
  • 10 Apr 2011
    Listed for Sale PRICE UPON APPLICATION
  • 19 Nov 2009
    Listed for Sale $300,000+
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About Hobart 7000

The size of Hobart is approximately 2.1 square kilometres. It has 10 parks covering nearly 4.8% of total area. The population of Hobart in 2016 was 2296 people. By 2021 the population was 3390 showing a population growth of 47.6% in the area during that time. The predominant age group in Hobart is 20-29 years. Households in Hobart are primarily childless couples and are likely to be repaying $1800 - $2399 per month on mortgage repayments. In general, people in Hobart work in a professional occupation.In 2021, 27.40% of the homes in Hobart were owner-occupied compared with 26.40% in 2016.

Hobart has 3,067 properties. Over the last 5 years, Houses in Hobart have seen a 10.69% increase in median value, while Units have seen a 8.33% increase. As at 30 November 2025:

  • The median value for Houses in Hobart is $990,740 while the median value for Units is $806,999.
  • Houses have a median rent of $620 while Units have a median rent of $630.
There are currently 21 properties listed for sale, and 50 properties listed for rent in Hobart on OnTheHouse. According to Cotality's data, 72 properties were sold in the past 12 months in Hobart.

Suburb Insights for Hobart 7000

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Cotality Copyright and Legal Disclaimers about Property Data
Disclaimer
The Cotality Data provided in this publication is of a general nature and should not be construed as specific advice or relied upon in lieu of appropriate professional advice.

While Cotality uses commercially reasonable efforts to ensure the Cotality Data is current, Cotality does not warrant the accuracy, currency or completeness of the Cotality Data and to the full extent permitted by law excludes all loss or damage howsoever arising (including through negligence) in connection with the Cotality Data.