Sandy Bay at a glance
12,555
People
$1,152,500
Median sale
$548/wk
Median rent
2.47%
Suburb gross yield
Median sale from 36 recorded sales (last 12 months) — a Districts calculation.
TAS › Sandy Bay › Parliament St
$975,000
Last sold
3 Dec 2024
4
Bedrooms
3
Bathrooms
2
Car spaces
603 m²
Land
308 m²
Building
Districts View
No upside evidence detected in the data Districts holds for this lot.
No detected risks — but see the checklist: absence of evidence is not an all-clear.
Each line above is labelled. A fact is quoted from the named source, with its date. A calculation is worked out by Districts from those facts — you can check the arithmetic. An interpretation is Districts' opinion of what the evidence means, not a fact, a valuation, or advice. Anything we haven't retrieved yet is marked as missing rather than treated as a pass.
Price evidence
Last sold
$975,000
3 Dec 2024 · derived via latest_sale
Local land rate: recorded House sales in Sandy Bay (last 5 years) with land size have a median of $1,973/m² of land (n=64). Districts calculation from recorded sales — not a valuation.
Sandy Bay at a glance
12,555
People
$1,152,500
Median sale
$548/wk
Median rent
2.47%
Suburb gross yield
Median sale from 36 recorded sales (last 12 months) — a Districts calculation.
Vs Sandy Bay
-15.4%
Median sale
Suburb $1,152,500
+0.45 pp
Gross yield
Suburb 2.47%
Suburb median $1,152,500 from 36 recorded sales (last 12 months) — a Districts calculation, not a portal figure.
Planning
Planning data is being calculated
Data unavailable
Source
Planning facts are copied from official government GIS where available. Where an official property PDF exists (VicPlan, PlanBuild), Districts stores and serves that original document. Neither is a planning certificate, survey, or advice.
Site
Terrain has not been calculated for this property yet.
Slope is calculated on a projected metric grid from a public DEM clip of the official parcel. This is not a survey, engineering, or insurance assessment.
Flood exposure has not been retrieved from any source for this property yet. Unknown is not the same as clear.
Bushfire exposure has not been retrieved from any source for this property yet. Unknown is not the same as clear.
Heritage listing has not been retrieved from any source for this property yet. Unknown is not the same as clear.
Records
Events are recorded observations from public listings, kept with their source and date. Missing values are shown as unknown, never estimated.
Capital growth
TASPlanning layers have not been retrieved for this property yet. A suburb median or growth rate is not a reason this particular lot would outperform. Funded catalyst catchments are not loaded. A TOD badge is not this product.
Official flood overlay has not been retrieved (pending). Missing layer is unknown, not “no.” Nearby development applications are not loaded for this property.
Rental
No advertised rent is recorded. Suburb median rent $548/week — not this address. An inferred likely-rent range is not shown until official bond series are loaded for this dwelling type and bedrooms.
Current comparable rental listings within 400 m of this lot are not loaded. Nearby development applications are not loaded for this property. Supply pressure needs comparable listings near this lot plus a nearby DA pipeline. Neither is loaded. Suburb vacancy or leased-tape days are not this property’s competition.
Yield cannot be shown without both a price and a rent figure. Net yield is not estimated from gross advertising copy. Net yield / holding costs are not estimated outside NSW without inventing land tax.
Verdict
Districts view
Not enough official evidence yet to underwrite this as an investment.
Detail
The same ten questions apply to every property. Missing flood, nearby DAs, achieved rents, or lot geometry is unknown — not “no.”
Do not treat a suburb median, an advertised yield, or a listing score as the case for this lot.
The evidence loaded so far isn't enough on its own to change a buy, offer, or walk-away decision for this property.
Evidence
Districts asks the same ten questions of every property. If one shows as unknown, that data isn't published for this state or hasn't been loaded yet — the question stays visible so you can see exactly what's missing.
1 of 10 questions answered so far
Development optionality of this lot
UnknownPlanning layers have not been retrieved for this property yet.
Nearby development pipeline
UnknownNearby development applications are not loaded for this property.
Honest achievable rent
KnownlowThis is not “bond data says this address leases for $X.” The comparable figure is a suburb advertised/median rent, not this property. Official bond files (postcode or suburb × type × bedrooms) are not loaded yet.
Rental supply pressure
UnknownSupply pressure needs comparable listings near this lot plus a nearby DA pipeline. Neither is loaded.
Why is this cheap?
UnknownThe constraint stack has not been retrieved for this lot, so Districts cannot explain a discount versus land size.
Lot-level flood
UnknownOfficial flood overlay has not been retrieved (pending). Missing layer is unknown, not “no.”
Catalyst exposure
UnknownFunded catalyst catchments are not loaded. A TOD badge is not this product.
This lot's DA history
UnknownDevelopment applications have not been queried for this parcel.
Statutory land value versus ask
UnknownStatutory land value is not available as free bulk data in this jurisdiction. Do not fake it with a suburb median.
Net yield / holding costs
UnknownNet yield / holding costs are not estimated outside NSW without inventing land tax.
Area
Sandy Bay at a glance
12,555
People
$1,152,500
Median sale
$548/wk
Median rent
2.47%
Suburb gross yield
Median sale from 36 recorded sales (last 12 months) — a Districts calculation.
Listing material
Listed by Petrusma Property Sandy BayNestled in the prestigious enclave of Sandy Bay, where convenience meets elegance, lies this magnificent family abode offering an unparalleled living experience. While this home boasts a spacious layout and quality construction, it presents an exciting opportunity for the savvy homeowner to add their personal touch and elevate it to its full potential.
Built in 1996 with enduring brick and tile construction, this residence exudes timeless charm while offering modern amenities for today's discerning homeowner. As you step through the front door into the grand entry foyer, you are greeted by an abundance of natural light that floods the expansive living areas, creating an inviting atmosphere for both relaxation and entertainment.
Central to the home its large, well-appointed kitchen, featuring elegant stone benchtops and ample cupboard space, being the perfect backdrop for culinary endeavors, and entertaining family and friends.
Adjoining the kitchen are the spacious dining and lounge areaa, bathed in sunlight and offering views extending to the serene Derwent River and the iconic Casino. Step outside onto the balcony to soak in the morning sun and vista while envisioning the possibilities for enhancing the outdoor oasis.
This home is designed for seamless family living, with two generous bedrooms located upstairs, each boasting built-in robes and their own separate bathrooms for added convenience and privacy. While these bedrooms offer comfort and functionality, they also present an opportunity for modernisation to reflect your personal style and preferences.
The lower level of the property offers a versatile self-contained living space, complete with two additional bedrooms, a kitchen, and a third bathroom. While this space provides ample accommodation for guests or extended family, it also offers scope for improvement and customisation to maximise its potential.
For the avid entertainer or growing family, the property features a double garage, a large multipurpose room, and ample storage space, providing a solid foundation for the future. Let your imagination run wild as you envision the possibilities for transforming these spaces to suit your individual needs.
Outside, the established low-maintenance yard beckons you to enjoy the outdoors, featuring a charming gazebo and BBQ area perfect for hosting gatherings or simply relaxing in the fresh air. With a little TLC, this outdoor sanctuary has the potential to become a true haven for relaxation and recreation.
Location-wise, this home leaves nothing to be desired. Within walking distance to Sandy Bay shops and restaurants, as well as local schools and UTAS, convenience is at your doorstep. Plus, with the Hobart CBD just a short drive away, commuting is a breeze, allowing you to enjoy all that this vibrant city has to offer without compromise.
In summary, this is more than just a house – it's a large blank canvas awaiting your personal touch and creative vision. With its prime location, spacious layout, stunning views, and endless potential for improvement, this property offers a lifestyle of luxury, comfort, and convenience for you and your family to cherish for years to come. Don't miss your chance to unleash the full potential of this dream home.
• Huge family home in prime Sandy Bay location
• 2-bedroom self contained living underneath with kitchen and 3rd bathroom
• Quality 1996 built brick and tile construction
• Spacious light filled living areas with balcony
• Views extending to the Derwent River and Casino
• Large well-appointed kitchen with stone benchtops and ample storage
• Excellent scope for improvement and uplift
• 2 generous bedrooms upstairs, both with robes and separate bathrooms
• Double garage and large multipurpose room plus storage room
• Ducted heating system throughout
• Established low maintenance yard with gazebo and BBQ area
• Walking distance to Sandy Bay shops and restaurants
• Close proximity to local schools and UTAS
• Less than 5 minutes to the Hobart CBD
• Council Rates approx. $3000pa
• TasWater approx. $1400pa
Listing description written by Daniel ten Broeke, Petrusma Property Sandy Bay — reproduced as published, not verified by Districts.