5/48 Marieville Esplanade, Sandy Bay, TAS 7005 | Property Value & History | OnTheHouse
OFF MARKET

5/48 Marieville Esplanade
Sandy Bay TAS 7005

Bedrooms: 2
Bathrooms: 1
Car spaces: 1
Floor area: 69m2
Land area: 81m2
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Property Details for 5/48 Marieville Esp, Sandy Bay

5/48 Marieville Esp, Sandy Bay is a 2 bedroom, 1 bathroom Unit with 1 parking spaces and was built in 1972. The property has a land size of 81m2 and floor size of 69m2. While the property is not currently for sale or for rent, it was last sold in June 2025.

Building Type
Unit
Year Built
1972
Floor Size
69m2
Land Size
81m2
Local Government
Hobart
Lot/Plan
5/60297

Last Listing description (July 2025)

Welcome to 5/48 Marieville Esplanade, Sandy Bay a beautifully presented two-bedroom apartment boasting uninterrupted, front-row views over the Royal Yacht Club of Tasmania and the sparkling River Derwent (timtumili minanya). Perfectly positioned in one of Hobart's most exclusive and tightly held waterfront locations of Sandy Bay, this immaculate property offers a lifestyle of ease, comfort, and iconic Hobart scenery from the comfort of your own living room.

Whether you are a first home buyer, downsizer, or investor seeking a blue-chip opportunity, this executive-level apartment ticks every box. With a dream outlook across the marina and ever-changing waterscape, you'll delight in watching the daily comings and goings of boats and yachts from either the generous lounge or the master bedroom each space perfectly positioned to capture the view and fill the apartment with natural light.

Inside, the layout is light, airy and thoughtfully designed for easy living. The spacious living and dining zone features large picture windows that frame the marina beautifully and invite in the sunshine, while electric heating keeps the space cosy all year-round. The adjoining kitchen is well-appointed and filled with natural light, offering good storage and a practical configuration.

Both bedrooms are generously sized, with the master featuring built-in robes and that incredible, while the large second bedroom is ideal for guests, a home office, or additional family members. The stylish, upgraded bathroom features a large walk-in shower and is combined with an internal laundry.

Undercover off-street parking adds a practical bonus in this prestigious location, ensuring convenience alongside lifestyle. And what a lifestyle it is enjoy direct access to the waterfront, with its peaceful walkways and proximity to Hobart's city beaches, the University of Tasmania, vibrant Sandy Bay shopping precinct, top schools, public transport, restaurants, bars, and Wrest Point Casino.

5/48 Marieville Esplanade is more than just a home it's a front-row seat to one of Hobart's most iconic and beautiful outlooks, a peaceful sanctuary with all the benefits of an enviable city-fringe lifestyle. Opportunities in this tightly held strip are rare don't miss your chance to secure a prime position in the heart of Sandy Bay's waterfront.

Heating: Electric panel heater
Year built: 1972
Council rates: $2350 per annum approximately
Fixed water rates: $1000 per annum approximately
Recently rented for: $595 per week
Strata Fees: $2720 per annum

Property History for 5/48 Marieville Esp, Sandy Bay, TAS 7005

A timeline of how this property has performed in the market
Last Sold
$700,000
20 Jun 2025
Listed for Rent
$600/w
16 May 2023
  • 20 Jun 2025
    Sold for $700,000
  • 15 Jun 2025
    Listed for Sale Offers over $675,000
  • 30 Mar 2023
    Listed for Rent $600 / week
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About Sandy Bay 7005

The size of Sandy Bay is approximately 6.9 square kilometres. There are 14 parks, covering nearly 23.0% of the 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 5,863 properties. Over the last 5 years, Houses in Sandy Bay have seen a 0.36% increase in median value, while Units have seen a 2.54% increase. As at 31 July 2026:

  • The median value for Houses in Sandy Bay is $1,286,716 while the median value for Units is $697,794.
  • Houses have a median rent of $800 while Units have a median rent of $550.
There are currently 15 properties listed for sale, and 12 properties listed for rent in Sandy bay on OnTheHouse. According to Cotality's data, 218 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.