1/29 Red Chapel Ave, Sandy Bay is a 3 bedroom, 2 bathroom Unit with 4 parking spaces and was built in 1993. The property has a land size of 450m2 and floor size of 185m2. While the property is not currently for sale or for rent, it was last sold in November 2023.
This property occupies a commanding position within a well-structured group of quality villas, so well situated within one of Sandy Bays most prestigious and highly sought streets.
The sheer size of this home is exceptional with two generous living areas, plus such a beautiful, recently upgraded and expansive eat in kitchen, all benefiting from wide ranging Derwent Estuary vista.
All three bedrooms are exceptionally spacious and well located, with the master benefitting from an ensuite bathroom. On this level the fabulous Juliette balcony captures the best and most diverse vista of all, including views over Battery Point, Hobart City, Marina and Derwent Estuary.
Adding to all the positive attributes this home offers, the private courtyard, second bathroom plus powder room, well maintained exquisite structured gardens, double garage and two additional car parks, all of which sets this exceptional home apart from the competition.
This area of Sandy Bay certainly exudes an air of class with the waterfront, beaches, delicatessens, supermarkets, UTas and our finest private and public schools all very close at hand. To replace a home of this calibre in this prestigious Sandy Bay enclave would require deep pockets indeed.
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 13.78% increase in median value, while Units have seen a 27.45% increase. As at 31 January 2026:
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