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Back 5/48 Marieville Esplanade
Off Market

5/48 Marieville Esplanade

Sandy Bay TAS 7005

2
1
1
68 m²
81 m²
Apartment
Last sold for $700,000
Nina SchubertNina Schubert, last sold this property on 20 June 2025 after 5 days on market.

Overview

Immaculate apartment with sublime views in unparalleled location

Welcome to 5/48 Marieville Esplanade, Sandy Bay a beautifully presented two-bedroom apartment boasting uninterrupted, front-row views over the Royal Yacht Club of Tasmania and the sparkling River Derwent (timtumili minanya). Perfectly positioned in one of Hobart's most exclusive and tightly held waterfront locations of Sandy Bay, this immaculate property offers a lifestyle of ease, comfort, and iconic Hobart scenery from the comfort of your own living room. Whether you are a first home buyer, downsizer, or investor seeking a blue-chip opportunity, this executive-level apartment ticks every box. With a dream outlook across the marina and ever-changing waterscape, you'll delight in watching the daily comings and goings of boats and yachts from either the generous lounge or the master bedroom each space perfectly positioned to capture the view and fill the apartment with natural light. Inside, the layout is light, airy and thoughtfully designed for easy living. The spacious living and dining zone features large picture windows that frame the marina beautifully and invite in the sunshine, while electric heating keeps the space cosy all year-round. The adjoining kitchen is well-appointed and filled with natural light, offering good storage and a practical configuration. Both bedrooms are generously sized, with the master featuring built-in robes and that incredible, while the large second bedroom is ideal for guests, a home office, or additional family members. The stylish, upgraded bathroom features a large walk-in shower and is combined with an internal laundry. Undercover off-street parking adds a practical bonus in this prestigious location, ensuring convenience alongside lifestyle. And what a lifestyle it is enjoy direct access to the waterfront, with its peaceful walkways and proximity to Hobart's city beaches, the University of Tasmania, vibrant Sandy Bay shopping precinct, top schools, public transport, restaurants, bars, and Wrest Point Casino. 5/48 Marieville Esplanade is more than just a home it's a front-row seat to one of Hobart's most iconic and beautiful outlooks, a peaceful sanctuary with all the benefits of an enviable city-fringe lifestyle. Opportunities in this tightly held strip are rare don't miss your chance to secure a prime position in the heart of Sandy Bay's waterfront. Heating: Electric panel heater Year built: 1972 Council rates: $2350 per annum approximately Fixed water rates: $1000 per annum approximately Recently rented for: $595 per week Strata Fees: $2720 per annum

Features

2 bedrooms
1 bathroom
1 carspace
68 m² floor area
81 m² lot size
Apartment

Estimated Value

Based on this property and similar 2 bedroom apartments sold in Sandy Bay over the last 12 months, the estimated median property value of 5/48 Marieville Esplanade is $742.5k.

Median value
$742.5k
Estimated value range
$455k - $1.63m
Median days on market
24
Estimated value trend
22%
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 5/48 Marieville Esplanade

2025
Sold
$700,000
Private Sale/Treaty on 20 Jun 2025 by Nina Schubert, of Insitu Property Hobart
2023
Rented
Undisclosed
Leased on 18 May 2023 by CPPM Property Management and Sales
2023
Rented
Undisclosed
Leased on 15 May 2023 by CPPM Property Management and Sales

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 2 bedroom apartments in Sandy Bay

In the last 12 months, 18 two-bedroom apartments similar to 5/48 Marieville Esplanade, have been sold.

This represents a 11% increase in two-bedroom apartments sales when compared to the previous 12 months.

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
  •  5 Sales in Sandy Bay
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