506/1 Sandy Bay Road, Hobart, TAS 7000 | Property Value & History | OnTheHouse
OFF MARKET

506/1 Sandy Bay Road
Hobart TAS 7000

Bedrooms: 1
Bathrooms: 1
Car spaces: 2
Floor area: 48m2
Land area: 48m2
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Property Details for 506/1 Sandy Bay Rd, Hobart

506/1 Sandy Bay Rd, Hobart is a 1 bedroom, 1 bathroom Unit with 2 parking spaces and was built in 1928. The property has a land size of 48m2 and floor size of 48m2. While the property is not currently for sale or for rent, it was last sold in March 2020.

Building Type
Unit
Year Built
1928
Floor Size
48m2
Land Size
48m2
Local Government
Hobart
Lot/Plan
506/151831

Last Listing description (March 2014)

Net Income of $24,010 for 2012 -2013
A lifestyle rather than merely a location, this inviting, fully furnished top floor apartment is distinguished by its abundance of natural light, exceptional views and blue chip address.
An inviting open plan living / dinning room is set against the dramatic back drop of St David Park and boasts panoramic views of Constitution dock, Salamanca, Hobart's city skyline and the ever changing vista of Mount Wellington.

A bright and inviting double bedroom with built-in's, are serviced by a modern central bathroom, all which reflect the success of this contemporary conversion. This is how an investment property should be.... sit back and watch your bank balance grow every month.
The unit is managed by Mantra which means no headaches, no advertising and no disagreeable tenants. Alternatively, this unit can be used as a residence (STCA).
- Stunning top floor apartment
- Fully furnished
- Level access / can be zoned residential
- Fabulous entertaining area
- Spacious, light and open
Year Built: 1928
Construction Type: Brick Veneer
Heating: R/C

Property History for 506/1 Sandy Bay Rd, Hobart, TAS 7000

A timeline of how this property has performed in the market
Last Sold
$375,000
02 Mar 2020
  • 02 Mar 2020
    Sold for $375,000
  • 30 Aug 2018
    Sold for $300,000
  • 18 Jun 2013
    Listed for Sale OFFERS OVER $280,000
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About Hobart 7000

The size of Hobart is approximately 2.1 square kilometres. There are 10 parks, covering nearly 4.8% of the 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 3,094 properties. Over the last 5 years, Houses in Hobart have seen a -0.28% decrease in median value, while Units have seen a -2.34% decrease. As at 30 June 2026:

  • The median value for Houses in Hobart is $1,042,791 while the median value for Units is $768,476.
  • Houses have a median rent of $690 while Units have a median rent of $650.
There are currently 33 properties listed for sale, and 56 properties listed for rent in Hobart on OnTheHouse. According to Cotality's data, 93 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.