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.
$1,045,000
Last sold
20 July 2024
3
Bedrooms
2
Bathrooms
2
Car spaces
913 m²
Land
248 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
$1,045,000
20 July 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
-9.3%
Median sale
Suburb $1,152,500
+0.26 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
UnknownArea
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 EIS PropertyFOR SALE NOW OR BY AUCTION ON SITE 12 NOON SATURDAY 20TH JULY WITH BIDDING EXPECTED TO START IN THE $800,000's
This Frank Stary architectural home, was designed for the only owners of this unique property. Built to maximise the breathtaking, panoramic views across Hobart and beyond in collaboration with the heartwarming northerly aspect to attract all day sun, if you are looking for something "out of the box", this home is just for you! Nothing about this incredible building is standard, from the concrete rooftop and the beautiful curved living area to the mosaic tiled ensuite bath which is BIG! This is not for buyers who want to walk in and do nothing...far from it! Here, you will need to attend to the numerous idiosyncracies of this 1970's build...warts & all, but the good news it's all fixable to be able to recreate this amazing home and certainly liveable while you work on these issues over time! The sky is the limit here, but you will deep pockets and a positive attitude.
From the moment you walk up the stairs that lead to the main entrance, the incredible views and architectural lines of this home will take your breath away! The design is simply stunning and you can easily imagine how this stand-out property could look with some significant improvements to the obvious defects that are a result of changes in building standards and practices since it was constructed in the 1970's - all rectifiable. The grand entrance and curved lines in the huge open plan formal dining and lounge complete with quality marble fireplace, are highlighted by impressive windows that wrap around this space to take in the ever-changing views spanning the River Derwent, the Tasman Bridge, above Sandy Bay and across to the Eastern Shore. A less formal family meals area leads off the entrance and into the rear kitchen that is functional but dated. Two bedrooms and a main bathroom on this level adequately service the needs of a family and guests.
A grand staircase winds up to the upper level with a landing that doubles as a beautiful sunny sitting room or study opening out onto the upper balcony. Here you can take in the incredible vistas again and even light the outdoor fireplace for an evening of star-gazing or watching the fireworks on New Years Eve! The main bedroom on this upper level is opulent in size as is the adjoining ensuite that is the perfect place to relax in the enormous bath and enjoy the outlook. Underfloor heating downstairs is the main form of heating apart from the open fireplace and of course, the sun.
The concrete beginnings of a in-ground pool exist, but will need assessing and monitoring for additional works required to complete this pool to meet current standards or alternatively, extend a deck over this or fill it in for a larger level area around the home. Either is possible as the structure itself is reported to be sound considering it has never been used. Terraced gardens above and below the house make accessing the terrain levels easier.
Without doubt, one of the best views in Hobart, this property is not for the faint hearted or those wanting "nothing to do"! There is plenty to keep you or your team of tradies busy, but the transformation of this home will be well worth the time and investment. After nearly 50 years with the one owner, you may never get another opportunity to own this unique Frank Stary designed home again…imagine the exciting possibilities!
Auction Particulars Available on Request.
NOTE: The Vendor reserves the right to accept an offer prior to Auction.
Deb dressed by CONFETTI - 85 Collins street, Hobart 7000 TAS
Listing description written by Deb Stephens, EIS Property — reproduced as published, not verified by Districts.
Nearby 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.