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Back 128 Sandy Bay Rd
Off Market

128 Sandy Bay Rd

Sandy Bay TAS 7005

6
3
6
393 m²
435 m²
House
Zmin YangZmin Yang, last sold this property on 18 March 2026 after 41 days on market.

Overview

Prime Location | Flexible Multi-Level Layout | Water & Mountain Views | Strong Investment Potential

Positioned in one of Sandy Bay's most sought-after locations, 128 Sandy Bay Road presents a substantial and versatile property offering excellent lifestyle appeal and strong future investment potential. Set along the main Sandy Bay Road, the property enjoys close proximity to Hobart's CBD, the University of Tasmania, Sandy Bay shopping precinct, public transport and a wide range of local amenities, making it appealing to both owner-occupiers and investors alike. The residence offers approximately 393 square metres of internal space arranged across multiple levels, providing a highly adaptable floorplan that can accommodate a variety of living and investment strategies. The configuration lends itself to flexible use, including multi-generational living, home-and-income arrangements or future rental optimisation, subject to the purchaser's requirements. Separate living areas and bedrooms across different levels enhance privacy and functionality. The elevated position allows the property to capture attractive water views along with mountain views, a combination that adds significant appeal and long-term value. Generous proportions, good natural light and practical design contribute to a comfortable and versatile living environment. The property is currently vacant, providing the incoming owner with the flexibility to move in, renovate, reconfigure or lease according to their preferred strategy. Located within a consistently high-demand rental area, particularly popular with university students, professionals and families, the layout and location offer strong potential to generate attractive rental returns in the future. Key Features 3D tour: https://128-sandy-bay-rd.netlify.app/ • Prime Sandy Bay Road position with excellent accessibility • Close to Hobart CBD, University of Tasmania and local amenities • Approx. 393 sqm of internal space across multiple levels • Highly flexible layout with multiple living and accommodation options • Elevated position with water and mountain views • Currently vacant, offering immediate flexibility for the new owner • Located in a proven, high-demand rental area with strong future potential *Inner residential zoning Council rate: $4,650 p.a * Land tax: $1,261 p.a * Water rate: $1,148 p.a * Whether you are seeking a spacious and well-located home or an investment opportunity with scope to enhance returns over time, 128 Sandy Bay Road represents a rare opportunity in a tightly held Sandy Bay location. We have obtained all information in this document from sources we believe to be reliable; however, we cannot guarantee its accuracy. Prospective purchasers are advised to carry out their own investigations.

Features

6 bedrooms
3 bathrooms
6 carspaces
393 m² floor area
435 m² lot size
House

Estimated Value

Based on this property and similar 6 bedroom houses sold in Sandy Bay over the last 12 months, the estimated median property value of 128 Sandy Bay Rd is $1.98m.

Median value
$1.98m
Estimated value range
$900k - $2.52m
Median days on market
24
Estimated value trend
46%
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 128 Sandy Bay Rd

2026
Rented
Undisclosed
Leased on 04 May 2026 by Brick & Castle
2026
Sold
Undisclosed
Private Sale/Treaty on 18 Mar 2026 by Zmin Yang, of Brick & Castle
2024
Rented
Undisclosed
Leased on 21 Jan 2024 by Petrusma Property New Town

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 6 bedroom houses in Sandy Bay

In the last 12 months, 3 six-bedroom houses similar to 128 Sandy Bay Rd, 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   (163 reviews)
  •  9 Reviews in Sandy Bay
  •  11 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 6 local sales and collected 5 local reviews across the last 12 months.

  •   4.9   (47 reviews)
  •  5 Reviews in Sandy Bay
  •  6 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   (1083 reviews)
  •  5 Reviews in Sandy Bay
  •  4 Sales in Sandy Bay
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