1 Russell Crescent, Sandy Bay, TAS 7005 | Property Value & History | OnTheHouse
OFF MARKET

1 Russell Crescent
Sandy Bay TAS 7005

Bedrooms: 4
Bathrooms: 2
Car spaces: 4
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Property Details for 1 Russell Cres, Sandy Bay

1 Russell Cres, Sandy Bay is a 4 bedroom, 2 bathroom Unit with 4 parking spaces and was built in 1958. While the property is not currently for sale or for rent, it was last sold in August 2002.

Building Type
Unit
Year Built
1958
Local Government
Hobart
Lot/Plan
1/139190

Last Listing description (June 2016)

Opportunity Knocks in Ultra Convenient Location!

A great opportunity exists to purchase this substantial property with many options available. First time offered for sale and in the most convenient of Sandy Bay locations, this unique property would suit a large family with ample room for the teenagers to have their own space or an extended family member to be very much part of the family s activities but still have their own separate living quarters. Alternatively, and as currently configured, the house can be divided into two separate upper and lower floor apartments. Each apartment can be sold separately or buy the property as a whole and consider the following options; live in one apartment and lease out or sell the other or invest and reap the lucrative rewards of owning two spacious, centrally located, Sandy Bay apartments.
The overall floor plan consists of up to 7 bedrooms, 4 bathrooms, two of which are ensuite bathrooms, a sauna room, two very spacious open plan living kitchen and dining areas and substantial entertaining terrace areas.
There are water views from the upper level living and entertaining deck area and the double remote garage has internal access and extra off street parking is also available. The property has an abundance of storage throughout including a large workshop area and the family will love the sauna and spa bathroom and the superb convenience of Sandy Bay shopping, services, transport, cafes/restaurants and bars all on your door step. A number of both private and public schools are located nearby with UTAS a short walk away.

This is a rare opportunity in this ultra-convenient location with so many options available for the astute investor or owner/occupier all within walking distance to the CBD, the Docks precinct and Salamanca Place.

Property History for 1 Russell Cres, Sandy Bay, TAS 7005

A timeline of how this property has performed in the market
Last Sold
$230,000
22 Aug 2002
  • 09 Mar 2016
    Listed for Sale Offers Over 1,350,000
  • 16 Aug 2013
    Listed for Rent $550 PER WEEK
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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 6.94% increase in median value, while Units have seen a 10.08% increase. As at 31 May 2026:

  • The median value for Houses in Sandy Bay is $1,279,038 while the median value for Units is $690,032.
  • Houses have a median rent of $795 while Units have a median rent of $525.
There are currently 17 properties listed for sale, and 10 properties listed for rent in Sandy bay on OnTheHouse. According to Cotality's data, 222 properties were sold in the past 12 months in Sandy bay.

Suburb Insights for Sandy Bay 7005

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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.