5/17 Margaret Street, Sandy Bay, TAS 7005 | Property Value & History | OnTheHouse
OFF MARKET

5/17 Margaret Street
Sandy Bay TAS 7005

Bedrooms: 2
Bathrooms: 1
Car spaces: 1
Floor area: 82m2
Land area: 103m2
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Property Details for 5/17 Margaret St, Sandy Bay

5/17 Margaret St, Sandy Bay is a 2 bedroom, 1 bathroom Unit with 1 parking spaces and was built in 1974. The property has a land size of 103m2 and floor size of 82m2. While the property is not currently for sale or for rent, it was last sold in June 2019.

Building Type
Unit
Year Built
1974
Floor Size
82m2
Land Size
103m2
Local Government
Hobart
Lot/Plan
5/174073

Last Listing description (June 2019)

If you have a desire to live a few minutes' walk from the hub of Sandy Bay's bustling shopping and caf district, then this unit is for you. Stroll out the front door and you will find Magnet Court Shopping Centre, public transport, doctors, dentists, specialist medical practitioners, other services, Casino, marina, Marieville Esplanade, Sandy Bay Bowls and Community Club, Salamanca Place, Battery Point, Hobart's CBD, beaches, parks, a multitude of eateries and cafes, sporting facilities and the University of Tasmania.

Both the main bedroom and lounge room feature floor to ceiling windows, drawing in the light, sunshine and view from outside. A lovely balcony runs the full width of both rooms and allows you to enjoy alfresco dining in the warmer months of the year. Both bedrooms are doubles and have built in robes.


The substantial eat-in kitchen is generous in its cupboard, bench and floor space. Although the unit is in original condition, it has been well cared for over the years, as is the whole complex, with an active body corporate making sure that everything is well cared for as is evident by the exterior.

The slightly curved design of the building gives it a unique touch and the orientation allows the warmth from the low set winter sun to come flooding into the interior. This part of Margaret Street is a no through road, so there is little vehicular traffic, plus the fact that the property is set back from the road means you will enjoy living in a quiet and serene location. Surrounded by a multitude of large and prestigious homes, this dwelling will continue to grow in value as property prices rise over future years. Adding more value to this complex, it was recently changed from a Company Title to a Strata Title.

Finally, the unit has its car spot under cover.

So much to offer, this charming parcel of real estate will win you over so book an appointment with Julian Stepik today.

Property History for 5/17 Margaret St, Sandy Bay, TAS 7005

A timeline of how this property has performed in the market
Last Sold
$550,000
05 Jun 2019
  • 05 Jun 2019
    Sold for $550,000
  • 21 May 2019
    Listed for Sale Offers Over $545,000
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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 5,849 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 12 properties listed for sale, and 11 properties listed for rent in Sandy bay on OnTheHouse. According to Cotality's data, 248 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.