486 Sandy Bay RoadSandy Bay TAS 7005
Property Details for 486 Sandy Bay Rd, Sandy Bay
486 Sandy Bay Rd, Sandy Bay is a 4 bedroom, 2 bathroom House with 4 parking spaces and was built in 1938. The property has a land size of 972m2 and floor size of 251m2. While the property is not currently for sale or for rent, it was last sold in March 2017.
Last Listing description (March 2017)
Shangrila commands a secluded, private position on the water s edge where brilliant sunrises and the changing moods of the sky, and the sound of waves breaking will inspire. North easterly aspects ensure long hours of sun and invite you to entertain by the pool or sit and relax on the riverside terrace and watch colourful spinnakers of racing yachts, cruise ships and fishing boats passing by.
The residence is elegantly appointed over two storeys, with sophisticated formal lounge and dining rooms and more casual sunroom and everyday living spaces. There are 4 bedrooms and a large kitchen with morning sun and water views. There is a garage and plenty of off-street parking.
This wonderful property occupies a premier position and is perfect for enterprising purchasers looking for a project to modernize and refurbish. It has unlimited potential to become one of Hobart s finest waterfront homes. More entrepreneurial buyers will also recognise the potential of converting it to two luxurious apartments.
Property History for 486 Sandy Bay Rd, Sandy Bay, TAS 7005
- 22 Mar 2017Sold for $2,050,000
- 05 Nov 2013Listed for Sale Offers around $2,300,000
- 26 Mar 2010Listed for Sale BY NEGOTIATION
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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 5,851 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.
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