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59B Red Chapel Avenue,
Sandy Bay TAS 7005

This property is Off Market

All about Sandy Bay Homes for sale in Sandy Bay


  • The Average property price in this area is $795,258, this is based on recent transactions.
  • Internet speed Download 100 Mbps / Upload 40 Mbps
  • Distance to the coast 3.57 km
  • Potential bushfire risk 0 / 10
  • Report as to subsidence
  • Powerlines within 200m 0
street view icon Street view

Property For Sale Nearby

Elders 6 BUCHANAN AV, Offers over $1,100,000 3 Beds - 1 Baths - 1 Parking Within 0.1 km Harcourts UNIT 5, 54 MAWHERA AV, Offers over $1,000,000 Beds - Baths - Parking Within 0.2 km Harcourts UNIT 2, 323 CHURCHILL AV, Offers over $499,000 1 Beds - 1 Baths - 1 Parking Within 0.3 km Elders GREYSTANES, 3 MELROSE CT, Offers over $4,400,000 5 Beds - 3 Baths - 4 Parking Within 0.4 km Harcourts 4 RED KNIGHTS RD, Offers over $2,900,000 4 Beds - 3 Baths - 2 Parking Within 0.5 km Elders 6 MELROSE CT, Offers over $1,850,000 5 Beds - 2 Baths - 2 Parking Within 0.5 km Harcourts 6 LIPSCOMBE AV, Offers over $1,600,000 4 Beds - 1 Baths - 2 Parking Within 0.5 km PRD UNIT 1, 18 MANING AV, $725,000 2 Beds - 1 Baths - 2 Parking Within 0.5 km Ray White UNIT 5, 207 CHURCHILL AV, 380000 1 Beds - 1 Baths - 1 Parking Within 0.9 km Elders UNIT 4, 9 LONG POINT RD, Offers over $950,000 3 Beds - 1 Baths - 1 Parking Within 1.1 km Harcourts UNIT 8, 403 SANDY BAY RD, Guide Price Mid $ 600,000s 2 Beds - 1 Baths - 1 Parking Within 1.2 km Elders UNIT 2, 399A SANDY BAY RD, Offers over $950,000 2 Beds - 1 Baths - 2 Parking Within 1.2 km Elders 7 O'CONOR CT, Offers over $2,850,000 5 Beds - 4 Baths - 5 Parking Within 1.6 km Harcourts FLAT 1, 756 SANDY BAY RD, Offers over $1,625,000 4 Beds - 3 Baths - 2 Parking Within 1.8 km Harcourts UNIT 3, 1-5 PAULDON DR, Offers over $695,000 2 Beds - 2 Baths - 2 Parking Within 1.8 km Harcourts 12 PAULDON DR, $1,250,000 - $1,350,000 4 Beds - 2 Baths - 2 Parking Within 2.0 km R&W ASHFIELD, 11 MARGARET ST, Expressions of Interest closing 5pm 7/11/24 Beds - Baths - 6 Parking Within 2.0 km Elders UNIT 1, 810 SANDY BAY RD, Offers over $1,590,000 3 Beds - 2 Baths - 4 Parking Within 2.0 km Elders UNIT 7, 14 ASHFIELD ST, Offers over $595,000 2 Beds - 1 Baths - 1 Parking Within 2.2 km Harcourts 80 PRINCES ST, Offers over $760,000 3 Beds - 1 Baths - 1 Parking Within 2.5 km Harcourts 9 OSBORNE ST, Offers over $1,200,000 3 Beds - 2 Baths - 1 Parking Within 2.6 km

Recently Sold Properties in this Area

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About Sandy Bay

With an average age of 31, households expect an average monthly mortgage payment of $2,155 or a weekly rent payment of $420. The average family earns a weekly income of $1,952 with a typical household size of 2.7 and a 87.73% employment rate.

Consistent high demand relative to supply is a key feature in Sandy Bay driving regular price increases. Recent rapid price increases however may constrain future growth by limiting demand. High average incomes in Sandy Bay ensure a focus on quality with a commensurate high entry price under constant demand. Competition for available quality housing is intense with multiple offers likely to be made in excess of asking prices. The high percentage of professional people in Sandy Bay classifies the area as "gentrified". This implies high demand for quality housing, generally of larger than average size. Price growth is ensured even where the state affordability index is negatively impacting other areas. High density population in Sandy Bay requires consistent turnover in housing ensuring constant demand. Housing styles may be a mix of low, medium, and high density, providing choice for well-financed buyers and value growth over time. High industry presence in the wider area is a double-edged sword. While local employment options are high, the presence of industrial buildings may negatively impact lifestyle perception. Demand from first home buyers and investors however ensures good price growth.

Public Transport

General Points of Interest


Population

(Country of Birth not stated 3%)

Are people healthy?

There are a recorded 967 asthma sufferers and 471 people living with diabetes. In addition, 611 people have a heart/vascular condition and 916 people live with three or more chronic diseases.

A good place to invest in property?

Sandy Bay a good, bad, or just average location in which to invest in property? Should you be buying, or selling, property right now? Our Investability scores provide comparative insights into the investment potential for every suburb across Australia.

Investability - Housing Demand

Tasmania State average 45 / 100

Income

93 / 100

41 / 100

Industry

80 / 100

40 / 100

Population

59 / 100

40 / 100

House Prices

98 / 100

65 / 100

Jobs

90 / 100

38 / 100


Local Crime Rates

Incidents Trend State Average


Local Schools

  • Waimea Heights Primary School

    Sandy Bay, TAS, 7005 State K-6

  • Mount Carmel College

    Sandy Bay, TAS, 7005 Independent Prep-10

  • Mount Nelson Primary School

    Mount Nelson, TAS, 7007 State K-6

  • The Hutchins School

    Sandy Bay, TAS, 7005 Independent Prep-12

  • Hobart College

    Mount Nelson, TAS, 7007 State 11-12

  • Fahan School

    Sandy Bay, TAS, 7005 Independent Prep-12

  • Sandy Bay Infant School

    Sandy Bay, TAS, 7005 State K-2


Property Story

59B Red Chapel Avenue, Sandy Bay, Tas, 7005 is a residential property . The estimated distance to the sea is 3.57km and 0.14KM to vegatation considered to be a factor in bushfire risk.

Local Developments

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  • 134 Acme Avenue Street, Town, State

    Description - Details the application. Type and other information pertaining to the development application and more...

    Authority Reference: UX0909823-GOV Website

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The Residz risks assessments are composed from data attributes which are generally accepted to indicate higher or lower risk presence likelihood for that condition for any address or locality. They do not however determine the exact presence of that risk for any specific property. The Residz 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 Residz uses commercially reasonable efforts to ensure the Residz Data is current, Residz does not warrant the accuracy, currency or completeness of the Residz Data and to the full extent permitted by law excludes liability for any loss or damage howsoever arising (including through negligence) in connection with the Residz Data. Historical prices and trends are not a guarantee of future prices and trends.


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