88B Regent Street, Sandy Bay, TAS 7005 | Property Value & History | OnTheHouse
OFF MARKET

88B Regent Street
Sandy Bay TAS 7005

Bedrooms: 2
Bathrooms: 1
Car spaces: 1
Floor area: 103m2
Land area: 91m2
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Property Details for 88b Regent St, Sandy Bay

88b Regent St, Sandy Bay is a 2 bedroom, 1 bathroom House with 1 parking spaces. The property has a land size of 91m2 and floor size of 103m2.

Building Type
House
Floor Size
103m2
Land Size
91m2
Local Government
Hobart
Lot/Plan
2/59273

Last Listing description (October 2021)

A fantastic investment opportunity strata title unit strategically positioned right in the heart of Sandy Bay.
Comprises a 2 bedroom unit offering sunny accommodation nicely appointed with open plan living, modern kitchen with breakfast bar including ample cupboard space and study nook. Good sized bathroom incorporating laundry space. Features polished floorboards throughout the main living area. At the front & rear of the unit is courtyard garden space & off street parking.
The unit is currently let at $435.00 per week ($22,620.00 per annum), we are offering the unit with vacant possession. This represents a perfect opportunity for the owner/ occupier to purchase the unit or perhaps an acquisition for investment housing for a family member studying at UTAS.

Notably an ideal time for the astute buyer to consider the first or further real estate investment options. The property has the convenience of an easy to maintain dwelling and site and is located in a precinct of Sandy Bay which has excellent ongoing capital growth potential.
An enviable investment & lifestyle opportunity, Sandy Bay shopping virtually on the property doorstep, walk to the waterfront precinct near the Royal Yacht Club of Tasmania and Derwent Sailing Squadron, and an array of recreational facilities. Just a short stroll to UTAS, Schools & Battery Point. Minutes to the Hobart CBD. The property is also located on a public transport bus route.
Your inspection is welcome - competitive bids invited.
Clear Instructions to Sell- Selling by Offer Expression of Interest closing 4.00pm 29th October 2021. Please contact the agent to obtain EOI documentation.

Property History for 88b Regent St, Sandy Bay, TAS 7005

A timeline of how this property has performed in the market
Listed for Rent
$375/w
14 Aug 2018
  • 07 Oct 2021
    Listed for Sale Selling by Offer
  • 07 Aug 2018
    Listed for Rent - Price not available
  • 14 Dec 2016
    Listed for Rent $340 / 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 5,865 properties. Over the last 5 years, Houses in Sandy Bay have seen a -8.36% decrease in median value, while Units have seen a 2.26% increase. As at 31 August 2026:

  • The median value for Houses in Sandy Bay is $1,251,208 while the median value for Units is $712,988.
  • Houses have a median rent of $800 while Units have a median rent of $540.
There are currently 16 properties listed for sale, and 13 properties listed for rent in Sandy bay on OnTheHouse. According to Cotality's data, 204 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.