1/2 Kingsley AvenueSandy Bay TAS 7005
Property Details for 1/2 Kingsley Ave, Sandy Bay
1/2 Kingsley Ave, Sandy Bay is a 3 bedroom, 2 bathroom Unit with 2 parking spaces and was built in 1985. The property has a land size of 113m2 and floor size of 107m2. While the property is not currently for sale or for rent, it was last sold in April 2026. There are other 3 bedroom Unit sold in Sandy Bay in the last 12 months.
Last Listing description (April 2026)
Opportunities like this in Sandy Bay are tightly held and increasingly hard to secure. With space, views and a rare three-bedroom, two-bathroom layout all in a private two-residence setting this is the kind of property buyers wait for and act on quickly.
Set within one of Hobart's most sought-after and tightly held pockets, this private townhouse delivers a compelling combination of location, layout and long-term potential.
Positioned on an exclusive two-residence site, the home offers a level of privacy and independence rarely found in townhouse living. With only one neighbouring property, it feels far more like a standalone home a key point of difference in a suburb where higher-density developments are becoming more common.
The location speaks for itself. Just moments from the University of Tasmania, Sandy Bay's caf and shopping precinct, and the Hobart CBD and waterfront, this is a blue-chip position that continues to attract strong demand from both owner-occupiers and investors.
Internally, the home offers a highly sought-after three-bedroom, two-bathroom configuration, complemented by a lock-up garage and additional off-street parking a rare combination that significantly broadens its appeal.
For buyers looking to secure a foothold in Sandy Bay, opportunities like this are becoming increasingly difficult to find. For professionals and downsizers, it offers low-maintenance living in a premium location without compromising on space. For investors, the property is already delivering immediate return, currently leased at $600 per week, with ongoing demand underpinned by its proximity to the university and city.
There is also potential for short-term accommodation (STCA), further enhancing its versatility as a long-term hold or flexible investment.
The home remains in its current well-presented condition, with updated carpet approximately five years ago and a layout that continues to perform well. Increasingly, buyers recognise that in suburbs like Sandy Bay, it is the position, scarcity and long-term upside that drive value and properties offering this combination do not last long.
Heating: Reverse-cycle air conditioner, electric panel heater
Year built: 1985
Council rates: $2300.00 per annum approx.
Fixed water rates: $1200.00 per annum approx.
Rental estimate: Current Lease till Feb 2027- $600.00 per week.
Strata Insurance: $1100.00 per annum approx.
Property History for 1/2 Kingsley Ave, Sandy Bay, TAS 7005
- 10 Apr 2026Sold for $755,000
- 04 Apr 2026Listed for Sale Offers Over $645,000
- 16 Feb 2021Listed for Rent $525 / week
Recent sales nearby
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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 23.0% 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 5,857 properties. Over the last 5 years, Houses in Sandy Bay have seen a 7.64% increase in median value, while Units have seen a 20.48% increase. As at 31 March 2026:
- The median value for Houses in Sandy Bay is $1,268,405 while the median value for Units is $699,351.
- Houses have a median rent of $770 while Units have a median rent of $515.
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