Property Details for 1/16 Ascot Ave, Sandy Bay
1/16 Ascot Ave, Sandy Bay is a 2 bedroom, 1 bathroom Unit with 1 parking spaces and was built in 1976. While the property is not currently for sale or for rent, it was last sold in April 2022.
Last Listing description (May 2022)
Low maintenance Sandy Bay investment
This is an outstanding opportunity to purchase Unit 1/16 Ascot Avenue, Sandy Bay. This well presented unit would suit first home buyers or investors looking to buy in a blue chip suburb.
Thoughtfully enhanced, this unit offers a U-shaped kitchen with near new appliances, and an open-plan dining room that is bright and spacious with incredible Derwent river views.
The family room/rumpus room is situated at the rear of the property allowing further amenity of an already generous floorplan.
Both spacious bedrooms feature built in wardrobes and views to the shared grounds, whilst the bathroom has been well maintained and comprises a shower over bath, toilet and vanity, with an additional laundry space.
Surrounded by low maintenance common grounds with off-street undercover parking for 1 car, the astute purchaser can enter a sought after suburb to live, or invest whilst enjoying a high rental yield and low outgoings with no body corporate fees.
Within walking distance to the University and Hill St Grocer, along with being just a short commute to the Sandy Bay shopping precinct, and the CBD, this investment property presents excellent value and future potential.
Property History for 1/16 Ascot Ave, Sandy Bay, TAS 7005
- 14 Apr 2022Sold - Price Undisclosed
- 07 Apr 2022Listed for Sale $575,000 + price range
- 22 Nov 2021Listed for Rent $370 per week
Recent sales nearby
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0About Sandy Bay 7005
The size of Sandy Bay is approximately 6.9 square kilometres. It has 14 parks covering nearly 23.0% of total area. The population of Sandy Bay in 2016 was 11927 people. By 2021 the population was 12315 showing a population growth of 3.2% 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 2021, 62.10% of the homes in Sandy Bay were owner-occupied compared with 61.50% in 2016.
Sandy Bay has 5,853 properties. Over the last 5 years, Houses in Sandy Bay have seen a 6.86% increase in median value, while Units have seen a 20.72% increase. As at 28 February 2026:
- The median value for Houses in Sandy Bay is $1,252,683 while the median value for Units is $704,581.
- Houses have a median rent of $633 while Units have a median rent of $520.
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