44 Princes Street, Sandy Bay, TAS 7005 | Property Value & History | OnTheHouse
OFF MARKET

44 Princes Street
Sandy Bay TAS 7005

Bedrooms: 3
Bathrooms: 3
Car spaces: 2
Floor area: 139m2
Land area: 396m2
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Property Details for 44 Princes St, Sandy Bay

44 Princes St, Sandy Bay is a 3 bedroom, 3 bathroom Unit with 2 parking spaces and was built in 1910. The property has a land size of 396m2 and floor size of 139m2. While the property is not currently for sale or for rent, it was last sold in November 2022.

Building Type
Unit
Year Built
1910
Floor Size
139m2
Land Size
396m2
Local Government
Hobart
Lot/Plan
1/33943

Last Listing description (February 2023)

Situated in Sandy Bay and walking distance to all major amenities, this classic 1910 weatherboard property offers more then what meets the eye. Offering dual income and potential for further development (STCA) this is an attractive opportunity for an investor willing to roll up their sleeves.

Currently split as three separate units: two, one-bedroom units and a bedsit, with great potential to renovate, add value and collect a strong market return. Originally constructed as a single dwelling, the opportunity is still there to reconvert this amazing property back into a family home with studio (STCA), the options are endless.
Each unit is generously sized featuring; one spacious bedroom, kitchen and living area, along with a well sized bathroom combined laundry space.

There is a communal neat and tidy sunny rear backyard with a shared clothesline. Additionally, this would make the perfect fully fenced yard for the children or family pet to play safely if reconverted to a family sized home.

Located among prestige schools and parks and only a two-minute walk to the iconic Sandy Bay Village and a further six-minute drive to the CBD. If you're looking for that strong return as an investor, then look no further as you have the chance to enjoy this property in a premier location.

For further information or to arrange a private inspection, please contact Rob Henry.

Council Rates: $2,700.00 per annum (approx.)
Water Rates: $1,000.00 per annum (approx.)
Currently rented for a total of $920 per week (approx.)

Property History for 44 Princes St, Sandy Bay, TAS 7005

A timeline of how this property has performed in the market
Last Sold
$900,000
10 Nov 2022
Listed for Rent
$350/w
30 Jun 2021
  • 10 Nov 2022
    Sold for $900,000
  • 24 Aug 2022
    Listed for Sale Offers over $985,000
  • 01 Aug 2019
    Listed for Rent $330 / 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 5,854 properties. Over the last 5 years, Houses in Sandy Bay have seen a 20.92% increase in median value, while Units have seen a 17.69% increase. As at 30 November 2025:

  • The median value for Houses in Sandy Bay is $1,262,229 while the median value for Units is $685,604.
  • Houses have a median rent of $620 while Units have a median rent of $500.
There are currently 19 properties listed for sale, and 11 properties listed for rent in Sandy bay on OnTheHouse. According to Cotality's data, 243 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.