15/403 Sandy Bay Road, Sandy Bay, TAS 7005 | Property Value & History | OnTheHouse
OFF MARKET

15/403 Sandy Bay Road
Sandy Bay TAS 7005

Bedrooms: 2
Bathrooms: 1
Car spaces: 1
Floor area: 65m2
Land area: 79m2
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Property Details for 15/403 Sandy Bay Rd, Sandy Bay

15/403 Sandy Bay Rd, Sandy Bay is a 2 bedroom, 1 bathroom Unit with 1 parking spaces and was built in 1964. The property has a land size of 79m2 and floor size of 65m2. While the property is not currently for sale or for rent, it was last sold in December 2024.

Building Type
Unit
Year Built
1964
Floor Size
65m2
Land Size
79m2
Local Government
Hobart
Lot/Plan
15/60301

Last Listing description (January 2025)

This impressive top-floor apartment is an ideal investment opportunity that is perfectly situated in a highly sought-after complex on Sandy Bay Road. With its prime location, this property is well-suited for Airbnb hosting or long-term rentals, appealing to both vacationers and tenants looking for a vibrant lifestyle.

The living room boasts stunning river views just beyond Wrest Point, with picturesque scenes of yachts moored in the bay. The compact yet well-designed floorplan features spacious living and dining areas adjacent to a kitchen with ample storage, all framed by a large picture window showcasing the ever-changing waterfront vista.

Two double bedrooms come with built-in robes and offer leafy views of the mountain, while the recently updated contemporary bathroom includes a bathtub for added comfort. Electric heating ensures year-round coziness, and the inclusion of a carport and storage locker enhances the property's appeal.

Conveniently located within walking distance of local cafes, shops in Sandy Bay Village, and UTAS, plus a bus stop right at the front, this apartment offers an enviable lifestyle and a fantastic address. Don't miss the chance to secure a property that promises excellent rental returns in a highly desirable location!

Rental appraisal - $500 - $520 per week approx.
Body Corporate fees - $3,348 per year approx.

Property History for 15/403 Sandy Bay Rd, Sandy Bay, TAS 7005

A timeline of how this property has performed in the market
Last Sold
$565,000
19 Dec 2024
Listed for Rent
$390/w
09 Nov 2017
  • 19 Dec 2024
    Sold for $565,000
  • 04 Nov 2024
    Listed for Sale Offers over $575,000
  • 23 Apr 2024
    Listed for Sale Offers over $598,000
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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 5,851 properties. Over the last 5 years, Houses in Sandy Bay have seen a 18.77% increase in median value, while Units have seen a 20.40% increase. As at 31 December 2025:

  • The median value for Houses in Sandy Bay is $1,304,733 while the median value for Units is $691,289.
  • Houses have a median rent of $623 while Units have a median rent of $500.
There are currently 13 properties listed for sale, and 14 properties listed for rent in Sandy bay on OnTheHouse. According to Cotality's data, 249 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.