Back 2/323 Churchill Ave
Off Market

2/323 Churchill Ave

Sandy Bay TAS 7005

1
1
1
58 m²
305 m²
Unit
Last sold for $500,000
Sam MonksSam Monks, last sold this property on 12 July 2026 after 101 days on market.

Overview

North-Facing Apartment with Sweeping Derwent Views

Notably north-facing and bathed in natural light, this superbly positioned, sun-drenched apartment is sure to impress downsizers, retirees, first home buyers, and savvy investors alike. Showcasing captivating views across the River Derwent and Tasman Bridge, and conveniently located close to shopping centres, cafes, schools, the University, and essential services, this ground-floor executive apartment presents an outstanding lifestyle opportunity. Designed with ease of living in mind, the property will particularly appeal to retirees and downsizers, offering a single-level layout, relatively flat access (with stairs from the carpark), and a peaceful setting surrounded by expansive gardens. Its privacy, stunning outlook, and proximity to medical centres and the CBD further enhance its appeal. First home buyers will appreciate the combination of affordability, space, and premium location, while investors will be drawn to the strong rental return and long-term capital growth potential in this blue-chip setting. Currently tenanted at $470 per week until 31/7/2026, it provides an immediate and secure investment. Inside, the apartment features a spacious open-plan living area that seamlessly connects to a charming covered patio—perfect for enjoying your morning coffee while taking in the beautiful river views. The modern kitchen is both stylish and functional, while the generous bedroom with built-in wardrobes ensures comfortable living. A neutral colour palette, quality window furnishings, and warm sisal carpets create an inviting interior that's ready to personalise. The sleek bathroom is well-appointed, and a large laundry offers excellent additional storage. Additional features include a designated off-street car space via Churchill Avenue, along with ample on-street parking for guests. Positioned within easy reach of local cafes, shops, Long Beach and Nutgrove Beach, as well as the University of Tasmania's Sandy Bay campus, you're also just minutes from Hobart's vibrant CBD, offering a fantastic selection of dining, shopping, and entertainment options. The property may also be suitable for a small pet, subject to strata approval. Key Features: North-facing with stunning river views Ground-floor position with easy living appeal Covered patio and established gardens Open-plan design with neutral interiors Strong rental return with future growth potential Built: 1987 Construction: Brick Council Rates: Approx. $1853 pa Water Rates: Approx. $952 pa Body Corporate fees: $N/A pa Approx. rent return for $430-$470 per week Petrusma Property has obtained the information on this property from what we believe are reliable sources and have no reason to doubt its accuracy however we cannot guarantee its exactness. Prospective Purchasers and the current Vendor(s) are advised to execute their own enquiries regarding the marketing material advertised or provided by Petrusma Property.

Features

1 bedroom
1 bathroom
1 carspace
1 open car space
58 m² floor area
305 m² lot size
Unit

Estimated Value

Based on this property and similar 1 bedroom units sold in Sandy Bay over the last 12 months, the estimated median property value of 2/323 Churchill Ave is $417.5k.

Median value
$417.5k
Estimated value range
$278k - $605k
Median days on market
22
Estimated value trend
6%
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 2/323 Churchill Ave

2026
Sold
$500,000
12 Jul 2026 by Sam Monks, of Petrusma Property - Hobart/ Sandy Bay
2025
Rented
Undisclosed
Leased on 24 Jan 2025 by Raine & Horne Sorell
2025
Rented
Undisclosed
Leased on 23 Jan 2025 by Raine & Horne Sorell

Happy sellers in Sandy Bay

83%
83% 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 31 reviews in Sandy Bay over the last 12 months.

Local market activity for 1 bedroom units in Sandy Bay

In the last 12 months, 13 one-bedroom units similar to 2/323 Churchill Ave, have been sold.

This represents a 180% decrease in one-bedroom units sales when compared to the previous 12 months.

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