Back 4/8 Margaret St
Off Market

4/8 Margaret St

Sandy Bay TAS 7005

1
1
1
27 m²
39 m²
Unit
Last sold for $278,000
Mike SpeakmanMike Speakman, last sold this property on 09 June 2026 after 78 days on market.

Overview

Bedsit by the Bay

Located just 350m from the heart of Sandy Bay, this low-maintenance unit presents an excellent opportunity for those seeking an affordable entry into the property market or a solid addition to their investment portfolio. • Original condition 1975 ground floor bedsit • Excellent prospect for cosmetic renovation • Open plan living/bedroom with built-in robe • Practical kitchen with generous bench space • Private bathroom with shower, basin & toilet • Twelve-unit complex with communal laundry • Single, on title, off street car parking space • 5-minute walk to Sandy Bay shops & cafés • Easy, convenient setting 2km from the city • 300m from Short Beach foreshore reserve • Ideal investment or lock-up-and-leave option • Low-maintenance living in blue-chip suburb Built: 1975 Construction: Brick Veneer Heating: Electric Panel Heater Council Rates: Approx. $1,100 - $1,500 pa Water Rates: Approx. TBC Strata Fees: Approx. $1,220 pa Rental Rate: Approx. $350 pw

Features

1 bedroom
1 bathroom
1 carspace
1 open car space
27 m² floor area
39 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 4/8 Margaret St is $405k.

Median value
$405k
Estimated value range
$278k - $605k
Median days on market
22
Estimated value trend
0%
decrease 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 4/8 Margaret St

2026
Sold
$278,000
09 Jun 2026 by Mike Speakman, of Petrusma Property - Hobart/ Sandy Bay
2025
Rented
Undisclosed
Leased on 24 Feb 2025 by Nest Property - Hobart
2024
Rented
Undisclosed
Leased on 28 Mar 2024 by Nest Property - Hobart

Happy sellers in Sandy Bay

79%
79% 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 36 reviews in Sandy Bay over the last 12 months.

Local market activity for 1 bedroom units in Sandy Bay

In the last 12 months, 12 one-bedroom units similar to 4/8 Margaret St, have been sold.

This represents a 140% decrease in one-bedroom units sales when compared to the previous 12 months.

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