5 Grace St, Sandy Bay is a 3 bedroom, 1 bathroom House with 1 parking spaces. The property has a land size of 651m2. While the property is not currently for sale or for rent, it was last sold in October 2026. There are other 3 bedroom House sold in Sandy Bay in the last 12 months.
Solid, spacious and wonderfully original, 5 Grace Street presents a rare opportunity to take a classic 1950s Sandy Bay home and make it entirely your own.
Built in 1952 and held in largely original condition, the home is unapologetically a renovator. What it does offer is a fantastic foundation to work with - solid brick construction, generous proportions, hardwood floors and an abundance of natural light, all in a location that speaks for itself.
At the heart of the home is an exceptionally spacious living and dining area, where large windows capture plenty of sun and an outlook across the surrounding rooftops towards the River Derwent and Sandy Bay. A wood fireplace adds to the home's original character.
The kitchen remains a true snapshot of its era, complete with original cabinetry and stove, while the bathroom, with its pink fittings, is another nod to the home's 1950s beginnings. Three generous bedrooms complete the main accommodation.
To the rear, a versatile laundry and games room provides additional space to work with, while downstairs you'll find a single garage, second toilet and extensive under-house storage.
Outside, established gardens and the distinctive curved brick faade give the home plenty of street presence, with off-street parking adding further convenience.
Positioned in the heart of Sandy Bay, you're within easy reach of the University of Tasmania, local shops and cafs, the waterfront and public transport, with Hobart's CBD only minutes away.
There is work to be done here, but that's exactly the opportunity. For those with the vision to breathe new life into a Sandy Bay original, 5 Grace Street offers the space, bones and location to create something truly special.
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 5,870 properties. Over the last 5 years, Houses in Sandy Bay have seen a -9.72% decrease in median value, while Units have seen a -6.21% decrease. As at 30 September 2026:
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