8/17 Margaret StreetSandy Bay TAS 7005
Property Details for 8/17 Margaret St, Sandy Bay
8/17 Margaret St, Sandy Bay is a 3 bedroom, 1 bathroom Unit with 1 parking spaces and was built in 1962. The property has a land size of 107m2 and floor size of 101m2. While the property is not currently for sale or for rent, it was last sold in December 2017.
Last Listing description (February 2018)
We are delighted to present to the market this beautifully well-designed Sandy Bay apartment. Located on the second level of the apartment block, offering spacious accommodation and the perfect opportunity for those seeking a low maintenance city base, or secure investment property in a highly sought-after location.
The floor plan feels spacious and the neutral colour palette creates endless amount of light and gives a bright first impression. The living area features large windows adding lots of natural sunlight throughout and captures wonderful river Derwent views combined with the RYCT. The separate kitchen flows off the living which is functional also, with nice views across to the Casino and Sandy Bay.
All three bedrooms are of generous proportion, with the main one featuring built in robes and the third having lovely views with a leafy aspect. The outside balcony is a perfect private getaway to relax and soak in those views on a sunny day.
Whether you are a professional couple, working at the nearby University, downsizing or looking for a secure investment property, this apartment has it all. With just a short walk to all local amenities, as well as Battery Point, Marieville Esplanade, Salamanca and the Hobart CBD, this apartment is one you won't want to miss.
- Generously proportioned floorplan
- Three spacious bedrooms
- Outside Balcony with water views
- Walk to Uni, Sandy Bay village & Hobart CBD
Construction Type: Brick Veneer
Heating: Daikin heat pump
Council Rates: $1,000 per annum approx.
Water Rates: $700.00 per annum approx.
Body Corporate Fees: $1,600 per annum approx.
Proposed Rental Return: $475-$500 per week approx.
Air BNB subject to council approval
Property History for 8/17 Margaret St, Sandy Bay, TAS 7005
- 18 Dec 2017Sold for $525,000
- 08 Dec 2017Listed for Sale Best offer over $475,000
- 02 Mar 2014Listed for Rent $400 / week
Recent sales nearby
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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 5,850 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.
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