3/54 Nicholas Drive, Sandy Bay, TAS 7005 | Property Value & History | OnTheHouse
OFF MARKET

3/54 Nicholas Drive
Sandy Bay TAS 7005

Bedrooms: 4
Bathrooms: 2
Car spaces: 4
Floor area: 216m2
Land area: 528m2
Estimated Value & Rent
Estimated Value
Estimated Rent
Confidence
Last updated 16 Mar 2026
Low

High
Save

Property Details for 3/54 Nicholas Dr, Sandy Bay

3/54 Nicholas Dr, Sandy Bay is a 4 bedroom, 2 bathroom Unit with 4 parking spaces and was built in 2019. The property has a land size of 528m2 and floor size of 216m2. While the property is not currently for sale or for rent, it was last sold in January 2021.

Building Type
Unit
Year Built
2019
Floor Size
216m2
Land Size
528m2
Local Government
Hobart
Lot/Plan
100/129998

Last Listing description (January 2021)

Perched high above Hobart at the end of prestigious Nicholas Drive, you'll find a small private road that will lead you to one of Sandy Bay's best kept secrets - a small and exclusive enclave, known to very few people.

Occupying pride of place in this premier location, this impressive home is like nothing youve seen before. Designed for ease of modern living, this future-proofed two storey home boasts unrivalled water views and contemporary technology. Impeccably styled, luxury flows through the entire property with coordinating marble benchtops, polished concrete tiles and sleek black matte fixtures throughout. This home is all about making a statement with feature walls within each bathroom and striking original artwork along the main hallway and staircase.

The lower level of the residence contains the first bedroom with built-in wardrobes and uninterrupted water views. The first of three bathrooms services this level with glass shower, toilet, heated towel racks and vanity. Beneath the grand staircase theres room for a relaxing reading nook and ample storage within cupboards and a storeroom.

Upon ascending the illuminated staircase, the incredible vista greets you on the upper level. The open-plan living space is bathed in sunlight via floor-to-ceiling windows that each have electric blinds. Perfect for entertaining, the combined lounge and dining areas open onto the terrace with glass balustrades and views stretching out across the Derwent as far as the eye can see.

The impressive kitchen boasts all-new Smeg appliances including a double oven, five-burner gas cooktop, rangehood and dishwasher. The matte black accents and lighting continue to complement the homes coordinated style throughout the kitchen with marble benchtops, timber cupboards, under-cabinetry lighting and the glass splashback showcases the extraordinary artwork behind.

Three sizable bedrooms are located on the upper level, each with frosted-glass built-in wardrobes. The master suite enjoys water views, an enviable walk-in dressing room and en-suite with a twin shower with luxurious rainfall shower heads, commode and vanity. Cleverly, power outlets are recessed allowing for a flat screen TV to be wall mountable. Continuing on the upper level, the spacious and stylish bathroom features a glass shower, floating vanity, heated towel racks and a freestanding deep soak bathtub with floor-mounted bath mixer. Conveniently, a separate toilet is located nearby.

The large laundry has ample storage space and room for necessary appliances and it enjoys direct access to the rear courtyard. Additional linen storage is located in the hallway.

Downstairs once more, an undercover terrace is the perfect place to soak up the morning sunshine, and there are garden beds ready for planting. Theres a no-maintenance lawn at the front of the home and an established shrubbery.

The secure garage has an abundance of room for multiple vehicles and storage and can be accessed both internally and externally and additional parking is available within the driveway.

The homes state-of-the-art security system has numerous video monitors, ensuring complete protection and can be accessed wirelessly from multiple rooms within the house.

Enjoy unsurpassed water views and the exclusivity of an address with only a handful of surrounding homes while being within close proximity to Sandy Bays best schools, restaurants, cafes and beaches. This extraordinary and ultramodern residence is truly remarkable in every sense of the word with originality, style and functionality.

Property History for 3/54 Nicholas Dr, Sandy Bay, TAS 7005

A timeline of how this property has performed in the market
Last Sold
$1,400,000
15 Jan 2021
  • 15 Jan 2021
    Sold for $1,400,000
  • 03 Oct 2019
    Listed for Sale Not Disclosed
  • 13 Dec 2013
    Listed for Sale Not Disclosed
Commute Calculator

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 5,854 properties. Over the last 5 years, Houses in Sandy Bay have seen a 6.86% increase in median value, while Units have seen a 20.72% increase. As at 28 February 2026:

  • The median value for Houses in Sandy Bay is $1,252,683 while the median value for Units is $704,581.
  • Houses have a median rent of $633 while Units have a median rent of $520.
There are currently 12 properties listed for sale, and 9 properties listed for rent in Sandy bay on OnTheHouse. According to Cotality's data, 242 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.