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Back 1/2 Kingsley Avenue
Off Market

1/2 Kingsley Avenue

Sandy Bay TAS 7005

3
2
4
107 m²
113 m²
Apartment
Last sold for $755,000
Ben KorkmazBen Korkmaz, last sold this property on 10 April 2026 after 4 days on market.

Overview

Rare Sandy Bay Find 3 Bed, 2 Bath, Views & Only 1 of 2 on Site

Opportunities like this in Sandy Bay are tightly held and increasingly hard to secure. With space, views and a rare three-bedroom, two-bathroom layout all in a private two-residence setting this is the kind of property buyers wait for and act on quickly. Set within one of Hobart's most sought-after and tightly held pockets, this private townhouse delivers a compelling combination of location, layout and long-term potential. Positioned on an exclusive two-residence site, the home offers a level of privacy and independence rarely found in townhouse living. With only one neighbouring property, it feels far more like a standalone home a key point of difference in a suburb where higher-density developments are becoming more common. The location speaks for itself. Just moments from the University of Tasmania, Sandy Bay's café and shopping precinct, and the Hobart CBD and waterfront, this is a blue-chip position that continues to attract strong demand from both owner-occupiers and investors. Internally, the home offers a highly sought-after three-bedroom, two-bathroom configuration, complemented by a lock-up garage and additional off-street parking a rare combination that significantly broadens its appeal. For buyers looking to secure a foothold in Sandy Bay, opportunities like this are becoming increasingly difficult to find. For professionals and downsizers, it offers low-maintenance living in a premium location without compromising on space. For investors, the property is already delivering immediate return, currently leased at $600 per week, with ongoing demand underpinned by its proximity to the university and city. There is also potential for short-term accommodation (STCA), further enhancing its versatility as a long-term hold or flexible investment. The home remains in its current well-presented condition, with updated carpet approximately five years ago and a layout that continues to perform well. Increasingly, buyers recognise that in suburbs like Sandy Bay, it is the position, scarcity and long-term upside that drive value and properties offering this combination do not last long. Heating: Reverse-cycle air conditioner, electric panel heater Year built: 1985 Council rates: $2300.00 per annum approx. Fixed water rates: $1200.00 per annum approx. Rental estimate: Current Lease till Feb 2027- $600.00 per week. Strata Insurance: $1100.00 per annum approx.

Features

3 bedrooms
2 bathrooms
4 carspaces
107 m² floor area
113 m² lot size
Apartment

Estimated Value

Based on this property and similar 3 bedroom apartments sold in Sandy Bay over the last 12 months, the estimated median property value of 1/2 Kingsley Avenue is $975k.

Median value
$975k
Estimated value range
$590k - $1.65m
Median days on market
51
Estimated value trend
43%
increase over the last 12 months
Average days on market is based on recent, comparable sales in Sandy Bay. It is only an indication of the time a property is actively listed and should not be relied upon as an accurate representation of how soon a property will be sold.

Property history for 1/2 Kingsley Avenue

2026
Sold
$755,000
Private Sale/Treaty on 10 Apr 2026 by Ben Korkmaz, of Insitu Property Hobart
2021
Rented
Undisclosed
Leased on 11 Mar 2021
2020
Rented
Undisclosed
Leased on 06 Sep 2020

Happy sellers in Sandy Bay

69%
69% of sellers in Sandy Bay reported that their sale price either exceeded or met their price expectations.

Sandy Bay stands out for consistently delivering exceptional satisfaction and strong market results for homeowners.

This is based on voluntary sentiment collected from 38 reviews in Sandy Bay over the last 12 months.

Local market activity for 3 bedroom apartments in Sandy Bay

In the last 12 months, 6 three-bedroom apartments similar to 1/2 Kingsley Avenue, have been sold.

Nearby agents

Compare and contact these top performing agents who’ve delivered exception customer service for their clients in Sandy Bay

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Phoebe Nothling

Sellers who recommend Phoebe Nothling have praised them for being clear communication, local expert, friendly, responsive, supportive, honest and pleasant

  •   4.9   (162 reviews)
  •  9 Reviews in Sandy Bay
  •  10 Sales in Sandy Bay
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Rob Henry

Rob Henry is a recommended agent for Sandy Bay.  They have 11 local sales and collected 7 local reviews across the last 12 months.

  •   4.9   (71 reviews)
  •  7 Reviews in Sandy Bay
  •  11 Sales in Sandy Bay
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Georgie Rayner

Georgie Rayner is a recommended agent for Sandy Bay.  They have 5 local sales and collected 5 local reviews across the last 12 months.

  •   4.9   (47 reviews)
  •  5 Reviews in Sandy Bay
  •  5 Sales in Sandy Bay
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Harry Coomer

Sellers who recommend Harry Coomer have praised them for being clear communication, local expert, responsive, supportive, honest, friendly and reliable

  •   4.9   (1082 reviews)
  •  5 Reviews in Sandy Bay
  •  5 Sales in Sandy Bay
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