511/1 Sandy Bay Road, Hobart, TAS 7000 | Property Value & History | OnTheHouse
 
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511/1 Sandy Bay Road
Hobart TAS 7000

Bedrooms: 1
Bathrooms: 1
Car spaces: 1
Floor area: 40m2
Land area: 79m2
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Property Details for 511/1 Sandy Bay Rd, Hobart

511/1 Sandy Bay Rd, Hobart is a 1 bedroom, 1 bathroom Unit with 1 parking spaces and was built in 1928. The property has a land size of 79m2 and floor size of 40m2. While the property is not currently for sale or for rent, it was last sold in August 2007.

Building Type
Unit
Year Built
1928
Floor Size
40m2
Land Size
79m2
Local Government
Hobart
Lot/Plan
511/151831

Last Listing description (March 2020)

Fully furnished, secure and perfectly placed to experience the best of what Hobart has to offer.

Occupying the prime North East corner position on the top floor, directly opposite St Davids Park and a stones throw to Salamanca Place, Sullivans Cove and Hobarts CDB, this little gem would make an ideal inner city pad or an investors dream.


Having been refurbished to executive standard and immaculately presented, you will find this property instantly inviting. Discover spectacular views across Hobart's city, waterfront precinct, Battery Point and River Derwent and an open plan living and dining area with a very functional adjoining kitchen.

The upgraded and well-maintained bathroom consists of a shower, toilet, vanity and laundry facilities. Nearby, is the generously sized bedroom, presenting comfort and style.

Currently managed by one of Australias leading accommodation chains, Mantra, enabling you a stress-free investment with consistently high net income returns and low outgoings. Occupancy rates in Hobart are at an all-time high with tourism soaring and the prediction for its continual growth.

There is an added possibility to be converted into a private residence (STCA) or sit back and relax and continue to enjoy the investment returns.

Please contact us for further details. Full financials available on request.

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Property History for 511/1 Sandy Bay Rd, Hobart, TAS 7000

A timeline of how this property has performed in the market
Last Sold
$190,000
18 Aug 2007
  • 04 Jul 2019
    Listed for Sale Buyers looking in the $385,000+ price range
  • 18 Aug 2007
    Sold for $190,000
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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 3,066 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.

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© Copyright 2025. RP Data Pty Ltd trading as Cotality (Cotality). All rights reserved. No reproduction, distribution, or transmission of the copyrighted materials is permitted. The information is deemed reliable but not guaranteed.

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