488 Sandy Bay Road, Sandy Bay, TAS 7005 | Property Value & History | OnTheHouse
OFF MARKET

488 Sandy Bay Road
Sandy Bay TAS 7005

Bedrooms: 5
Bathrooms: 4
Car spaces: 6
Floor area: 474m2
Land area: 1067m2
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Property Details for 488 Sandy Bay Rd, Sandy Bay

488 Sandy Bay Rd, Sandy Bay is a 5 bedroom, 4 bathroom House with 6 parking spaces and was built in 1937. The property has a land size of 1067m2 and floor size of 474m2. While the property is not currently for sale or for rent, it was last sold in December 2019.

Building Type
House
Year Built
1937
Floor Size
474m2
Land Size
1067m2
Local Government
Hobart
Lot/Plan
1/101423

Last Listing description (December 2019)

For sale by expressions of interest closing 4:00 pm 12 December 2019This superb property, desirably located along the aptly named “Golden Mile” in Sandy Bay, offers absolute waterfrontage with a rare and unique opportunity to live a lifestyle many may only find in their dreams. Complete privacy and security are assured with remote access gates encasing the expansive residence. Three levels, each of generous proportions, offer a multitude of living and entertaining areas, all with a pristine backdrop of the sparking River Derwent. The ground level of the expansive property accommodates numerous living spaces, each effortlessly flowing into the next. Fastidious attention has been paid to the home’s décor with timber panelling and fireplaces exuding understated grandeur. Large windows throughout create light-filled spaces while framing the mesmerising water views and ever-changing vista. The free-flowing living room opens into a formal dining space, ideal for extravagant dinner parties. An entertainer’s delight, the sunroom extends onto the sun-drenched, yet shaded terrace with glass balustrade, best enjoyed with a glass of wine while watching the boats drift by and your own ring-side seat at Sydney to Hobart Yacht Race time. For a more casual and intimate setting, an additional dining space is located adjacent to the kitchen. The contemporary kitchen is open, sleek and stylish. Stainless-steel benchtops and appliances shine in the surrounds of quality white cabinetry. An abundance of bench space in on offer, with an enviable walk-in pantry available for out-of-sight culinary storage. Additional storage space is located throughout this level within ample cupboards. Completing the ground level, a generous bedroom with built-in wardrobes sits, serviced by a stylish bathroom with shower, WC and vanity. Ascending the staircase, the first floor provides even more lavish accommodation. The master suite bathes in luxury and displays unrivalled water views, all from the comfort of your own bed, the private Juliet-balcony or while soaking in the spa bath. The large en-suite also contains a shower, vanity and WC and there’s a cavernous walk-in dressing room. Two additional bedrooms are also located on this level, serviced by a chic and modern bathroom containing shower, tub and WC.Downstairs to the lower ground floor, you’ll find a further bedroom, a study, or home office and a large storeroom, or home-theatre space. There’s a sizable cellar for the wine connoisseur, and the bar opens onto the paved terrace, allowing seamless indoor to outdoor entertaining. Conveniently, a powder room is nearby, and the laundry enjoys direct access to the rear courtyard and paved terraces. The expansive and exquisite grounds enjoy established gardens, privacy hedges and a low-maintenance lawn, ideal for sunbathing or enjoying a waterside picnic. Riverside steps lead to a hidden gem which only those lucky enough to call this residence home will ever enjoy - a boathouse with a boat ramp where you can store your sport-boat or even cast your fishing line without leaving the property. The property includes secure under cover parking for four vehicles with remote controlled access and additional off-street parking within the protected gates within the forecourt. A storage shed is also available, contributing to the abundance of stowage offered throughout the home. This exemplary residence oozes elegant living and accomplishment with opulence of generous proportions found everywhere. With uninterrupted views and beachfront access, this enviable address is the epitome of waterside living to be enjoyed only by those who expect unparalleled excellence, elegance and sophistication.

Property History for 488 Sandy Bay Rd, Sandy Bay, TAS 7005

A timeline of how this property has performed in the market
Last Sold
$4,820,000
18 Dec 2019
  • 18 Dec 2019
    Sold for $4,820,000
  • 06 Nov 2019
    Listed for Sale For sale by expressions of interest
  • 28 Oct 2007
    Sold for $3,100,000
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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.

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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.