2/323 Churchill Avenue, Sandy Bay, TAS 7005 | Property Value & History | OnTheHouse
OFF MARKET

2/323 Churchill Avenue
Sandy Bay TAS 7005

Bedrooms: 1
Bathrooms: 1
Car spaces: 1
Floor area: 53m2
Land area: 305m2
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Property Details for 2/323 Churchill Ave, Sandy Bay

2/323 Churchill Ave, Sandy Bay is a 1 bedroom, 1 bathroom Unit with 1 parking spaces and was built in 1987. The property has a land size of 305m2 and floor size of 53m2. While the property is not currently for sale or for rent, it was last sold in December 2024.

Building Type
Unit
Year Built
1987
Floor Size
53m2
Land Size
305m2
Local Government
Hobart
Lot/Plan
2/176102

Last Listing description (June 2026)

Notably north-facing and bathed in natural light, this superbly positioned, sun-drenched apartment is sure to impress downsizers, retirees, first home buyers, and savvy investors alike. Showcasing captivating views across the River Derwent and Tasman Bridge, and conveniently located close to shopping centres, cafes, schools, the University, and essential services, this ground-floor executive apartment presents an outstanding lifestyle opportunity.Designed with ease of living in mind, the property will particularly appeal to retirees and downsizers, offering a single-level layout, relatively flat access (with stairs from the carpark), and a peaceful setting surrounded by expansive gardens. Its privacy, stunning outlook, and proximity to medical centres and the CBD further enhance its appeal. First home buyers will appreciate the combination of affordability, space, and premium location, while investors will be drawn to the strong rental return and long-term capital growth potential in this blue-chip setting. Currently tenanted at $470 per week until 31/7/2026, it provides an immediate and secure investment.Inside, the apartment features a spacious open-plan living area that seamlessly connects to a charming covered patioperfect for enjoying your morning coffee while taking in the beautiful river views. The modern kitchen is both stylish and functional, while the generous bedroom with built-in wardrobes ensures comfortable living. A neutral colour palette, quality window furnishings, and warm sisal carpets create an inviting interior that's ready to personalise. The sleek bathroom is well-appointed, and a large laundry offers excellent additional storage.Additional features include a designated off-street car space via Churchill Avenue, along with ample on-street parking for guests. Positioned within easy reach of local cafes, shops, Long Beach and Nutgrove Beach, as well as the University of Tasmania's Sandy Bay campus, you're also just minutes from Hobart's vibrant CBD, offering a fantastic selection of dining, shopping, and entertainment options. The property may also be suitable for a small pet, subject to strata approval.Key Features:North-facing with stunning river viewsGround-floor position with easy living appealCovered patio and established gardensOpen-plan design with neutral interiorsStrong rental return with future growth potentialBuilt: 1987Construction: BrickCouncil Rates: Approx. $1853 pa Water Rates: Approx. $952 pa Body Corporate fees: $N/A paApprox. rent return for $430-$470 per weekPetrusma Property has obtained the information on this property from what we believe are reliable sources and have no reason to doubt its accuracy however we cannot guarantee its exactness. Prospective Purchasers and the current Vendor(s) are advised to execute their own enquiries regarding the marketing material advertised or provided by Petrusma Property.

Property History for 2/323 Churchill Ave, Sandy Bay, TAS 7005

A timeline of how this property has performed in the market
Last Sold
$515,000
04 Dec 2024
Listed for Rent
$470/w
24 Dec 2024
  • 01 Apr 2026
    Listed for Sale Offers Over $499,000
  • 23 Dec 2024
    Listed for Rent $470 / week
  • 04 Dec 2024
    Sold for $515,000
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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 11 properties listed for rent in Sandy bay on OnTheHouse. According to Cotality's data, 221 properties were sold in the past 12 months in Sandy bay.

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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.