1 Lambert Avenue, Sandy Bay, TAS 7005 | Property Value & History | OnTheHouse
OFF MARKET

1 Lambert Avenue
Sandy Bay TAS 7005

Bedrooms: 6
Bathrooms: 4
Car spaces: 3
Floor area: 227m2
Land area: 673m2
Estimated Value & Rent
Estimated Value
Estimated Rent
Confidence
Last updated 1 Jun 2026
Low

High
Save

Property Details for 1 Lambert Ave, Sandy Bay

1 Lambert Ave, Sandy Bay is a 6 bedroom, 4 bathroom Unit with 3 parking spaces and was built in 1915. The property has a land size of 673m2 and floor size of 227m2. While the property is not currently for sale or for rent, it was last sold in September 2024.

Building Type
Unit
Year Built
1915
Floor Size
227m2
Land Size
673m2
Local Government
Hobart
Lot/Plan
1/61371

Last Listing description (October 2024)

Nestled in an elegant and peaceful cul-de-sac is a unique opportunity to obtain a gorgeous period home in the ever popular suburb of Sandy Bay. Offering an extremely versatile floor plan this property already has a solid 3 way income and potential for so much more depending only on your design inspiration!

Original character features enhance the overall appeal of 1 Lambert Ave with high ceilings, leadlight feature windows and doors, beautiful bay windows and elaborate fretwork inside & out. The property also offers dual driveways, carport, new roofing, plenty of off street parking and all only 1 km from the heart of Sandy Bay.

Unit 1

- Newly renovated modern kitchen
- 1 large bedroom with leafy views
- Living room could double as second bedroom
- Bathroom with separate toilet
- Rental income is $320 per week
- Tenanted until 1st September 2024

Unit 2
- Ample full kitchen
- 1 very large bedroom with bay window
- Bathroom with separate toilet
- Rental income of $330 per week
- Tenanted until Novermber 2024

Main house or Unit 3 (Upstairs)
- Modern full kitchen with laundry fittings
- Beautifully polished wooden floors in dining room with plenty of storage
- Sunny and spacious loungeroom
- 3 extremely generous bedrooms the main offering ensuite and beautiful bay windows with lovely leafy views
- Newly renovated main bathroom
- Rental income $500 p/w
- Tenanted until May 2025

This fantastic property gives you so much versatility. Whether it's a home with extended family, a home with extra income avenues or an investment this is guaranteed to tick a few boxes.

Potential for a strata dwelling to be constructed at the rear of the property STCA.

For more information please call us at any time as we are more than happy to assist in any way we can!

*The information contained herein has been supplied to us and we have no reason to doubt its accuracy, however, cannot guarantee it. Accordingly, all interested parties should make their own enquiries to verify this information.

Property History for 1 Lambert Ave, Sandy Bay, TAS 7005

A timeline of how this property has performed in the market
Last Sold
$1,350,000
13 Sep 2024
Listed for Rent
$320/w
24 Aug 2023
  • 13 Sep 2024
    Sold for $1,350,000
  • 31 Jan 2024
    Listed for Sale Offers over $1.45 Million
  • 19 Jul 2023
    Listed for Rent $320 / week
Sign in to see more transactions
Commute Calculator

About Sandy Bay 7005

The size of Sandy Bay is approximately 6.9 square kilometres. There are 14 parks, covering nearly 23.0% of the 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 5,858 properties. Over the last 5 years, Houses in Sandy Bay have seen a 7.09% increase in median value, while Units have seen a 13.27% increase. As at 30 April 2026:

  • The median value for Houses in Sandy Bay is $1,267,762 while the median value for Units is $683,008.
  • Houses have a median rent of $755 while Units have a median rent of $520.
There are currently 15 properties listed for sale, and 9 properties listed for rent in Sandy bay on OnTheHouse. According to Cotality's data, 217 properties were sold in the past 12 months in Sandy bay.

Suburb Insights for Sandy Bay 7005

Market Insights
Sandy Bay Trends for Houses
Median Value

N/A

-
View Trend
Median Growth

N/A

View Trend
Median Rent

N/A

-
View Trend
Rental Yield

N/A

-
View Trend
Median Value: The middle value of all properties across the geography based on the Automated Valuation Model.


Median Value over 1 year
Sandy Bay Trends for Units
Median Value

N/A

-
View Trend
Median Growth

N/A

View Trend
Median Rent

N/A

-
View Trend
Rental Yield

N/A

-
View Trend
Median Value: The middle value of all properties across the geography based on the Automated Valuation Model.


Median Value over 1 year
Neighbourhood Insights
Age
Household
Occupancy
No data to show
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.