4/54 Nicholas Drive, Sandy Bay, TAS 7005 | Property Value & History | OnTheHouse
OFF MARKET

4/54 Nicholas Drive
Sandy Bay TAS 7005

Bedrooms: 4
Bathrooms: 2
Car spaces: 3
Floor area: 207m2
Land area: 671m2
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Property Details for 4/54 Nicholas Dr, Sandy Bay

4/54 Nicholas Dr, Sandy Bay is a 4 bedroom, 2 bathroom Unit with 3 parking spaces and was built in 2000. The property has a land size of 671m2 and floor size of 207m2. While the property is not currently for sale or for rent, it was last sold in November 2020.

Building Type
Unit
Year Built
2000
Floor Size
207m2
Land Size
671m2
Local Government
Hobart
Lot/Plan
4/129998

Last Listing description (November 2025)

Perched in an elevated position capturing sweeping views across the River Derwent, this expansive four bedroom, two bathroom residence offers the perfect blend of comfort, convenience, and coastal charm in the sought after suburb of Sandy Bay.

Featuring a generous open-plan living and dining area that takes full advantage of the breathtaking outlook, this home provides a warm and inviting space ideal for entertaining or relaxing while soaking up the scenery. The functional kitchen offers ample storage and bench space, complemented by large windows that fill the area with natural light.

Each of the four bedrooms is well proportioned, the master complete with walk-in robe and ensuite. The main bathroom includes both a bath and shower for family convenience. With the option of a rumpus or 5th bedroom on the lower level, this property is suitable for all.

The double garage provides secure parking and additional storage, while the property’s elevated position ensures privacy and the multiple decks provide uninterrupted views over the water and Sandy Bay.

Located just moments from the University of Tasmania and close to local schools, shops, cafes, and transport, this property combines the best of spacious living with a premium Sandy Bay lifestyle.

Key features:
* Four generous bedrooms, two bathrooms
* Expansive living spaces with stunning river views
* Double garage with internal access
* Bright kitchen with ample storage
* Multiple private balconies to enjoy the views
* Conveniently located close to all Sandy Bay amenities

Don’t miss this rare opportunity to secure a spacious home with one of Hobart’s most enviable outlooks.

Register your interest now to find out about upcoming open homes!

Property History for 4/54 Nicholas Dr, Sandy Bay, TAS 7005

A timeline of how this property has performed in the market
Last Sold
$1,200,000
08 Nov 2020
Listed for Rent
$900/w
05 Nov 2025
  • 05 Nov 2025
    Listed for Rent $900 / week
  • 10 Aug 2023
    Listed for Rent $725 / week
  • 08 Feb 2023
    Listed for Rent $850 / week
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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 5,852 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, 244 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.