5 Nicholas Drive, Sandy Bay, TAS 7005 | Property Value & History | OnTheHouse
OFF MARKET

5 Nicholas Drive
Sandy Bay TAS 7005

Bedrooms: 5
Bathrooms: 3
Car spaces: 3
Floor area: 304m2
Land area: 740m2
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Property Details for 5 Nicholas Dr, Sandy Bay

5 Nicholas Dr, Sandy Bay is a 5 bedroom, 3 bathroom House with 3 parking spaces and was built in 1999. The property has a land size of 740m2 and floor size of 304m2. While the property is not currently for sale or for rent, it was last sold in March 2009.

Building Type
House
Year Built
1999
Floor Size
304m2
Land Size
740m2
Local Government
Hobart
Lot/Plan
26/47860

Last Listing description (September 2025)

Private viewings, by appointment only. Contact Harcourts Hobart, 03 6220 9100 // Spike@harcourtshobart.com.au

Rent: $1,450.00 per week
Length: Flexible

Available: Now
Pets: Considered upon application

Perched in one of Sandy Bay's most exclusive areas, this stunning residence offers premium living with panoramic views and sophisticated design. Perfectly suited for professionals or families seeking lifestyle and luxury, this beautifully maintained home balances privacy and convenience just minutes from Hobart CBD, local schools, and the University of Tasmania.

PROPERTY FEATURES:

Three reverse cycle air conditioning systems
Underfloor heating throughout
Sweeping panoramic views of the city and River Derwent
Flexible floorplan with open plan living/dining and a separate formal dining area, allowing the possibility of a fifth bedroom or light-filled study.
Gourmet kitchen with large double door fridge/freezer and dishwasher
Grand entrance foyer with a Clerestory window and French doors to the main living area
Heart of the home is sun-filled and features high cathedral ceilings, a wall mounted tv and shade blinds
Master bedroom features built in wardrobes, a well appointed ensuite with a double sink and an additional external door
Numerous bathrooms to service the property. Upstairs, you will find a large main bathroom, a powder room and an ensuite. Downstairs, you will find a bathroom fitted with both a shower and a spa bath as well as an additional powder room in the garage
The additional living, bedroom and bathroom downstairs allows for separate living, with multiple access points
Landscaped gardens and well maintained outdoor entertainment areas
Fully fenced with a large electronic entrance gate
Extremely spacious with ample room for storage

LOCATION:

10 mins to Hobart CBD
Close to shops, cafs, and elite schools
Quiet, leafy street in a blue-chip neighbourhood

** Garage access not included in lease agreement **

Property History for 5 Nicholas Dr, Sandy Bay, TAS 7005

A timeline of how this property has performed in the market
Last Sold
$1,200,000
27 Mar 2009
  • 11 Jul 2025
    Listed for Rent $1,450 / week
  • 17 Oct 2023
    Listed for Sale EOI over $3,300,000
  • 27 Mar 2009
    Sold for $1,200,000
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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, 247 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.