4/8 Margaret StreetSandy Bay TAS 7005
Property Details for 4/8 Margaret St, Sandy Bay
4/8 Margaret St, Sandy Bay is a 1 bedroom, 1 bathroom Unit with 1 parking spaces and was built in 1975. The property has a land size of 27m2 and floor size of 27m2. While the property is not currently for sale or for rent, it was last sold in February 2012.
Last Listing description (May 2026)
Located just 350m from the heart of Sandy Bay, this low-maintenance unit presents an excellent opportunity for those seeking an affordable entry into the property market or a solid addition to their investment portfolio. Original condition 1975 ground floor bedsit Excellent prospect for cosmetic renovation Open plan living/bedroom with built-in robe Practical kitchen with generous bench space Private bathroom with shower, basin & toilet Twelve-unit complex with communal laundry Single, on title, off street car parking space 5-minute walk to Sandy Bay shops & cafs Easy, convenient setting 2km from the city 300m from Short Beach foreshore reserve Ideal investment or lock-up-and-leave option Low-maintenance living in blue-chip suburbBuilt: 1975Construction: Brick VeneerHeating: Electric Panel HeaterCouncil Rates: Approx. $1,100 - $1,500 paWater Rates: Approx. TBC Strata Fees: Approx. $1,220 paRental Rate: Approx. $350 pw
Property History for 4/8 Margaret St, Sandy Bay, TAS 7005
- 23 Mar 2026Listed for Sale $290,000 - $310,000
- 11 Feb 2025Listed for Rent $310 / week
- 14 Feb 2024Listed for Rent $300 / week
Recent sales nearby
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0About 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 5,855 properties. Over the last 5 years, Houses in Sandy Bay have seen a 7.09% increase in median value, while Units have seen a 13.27% increase. As at 30 April 2026:
- The median value for Houses in Sandy Bay is $1,267,762 while the median value for Units is $683,008.
- Houses have a median rent of $755 while Units have a median rent of $520.
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