Back 5/60 Regent Street
Off Market

5/60 Regent Street

Sandy Bay TAS 7005

1
1
31 m²
35 m²
Unit
Last sold for $305,000
Kahn DuffeyKahn Duffey, last sold this property on 03 December 2024 after 64 days on market.

Overview

Move-in Ready or Ripe For Investors

Conveniently positioned just moments from everything that Sandy Bay has to offer, this affordable unit presents as an ideal low maintenance opportunity for first home buyers or investors. Set back from the road for added privacy, this property is the perfect blend of peace and proximity. An affordable option in what is well known as one of Hobarts best locations! The property is a studio style unit with an open plan lounge and bedroom space. Large windows and a balcony are perfectly orientated to benefit from a northerly aspect and flood the inside with natural light. A well-equipped kitchen boasts wooden cabinetry and lots of storage space. The property has been freshly painted and comes complete with new carpet and flooring throughout. This makes spending time inside both pleasant and enjoyable; and offers an enticing move-in ready opportunity at an affordable price. This low maintenance studio is located in a highly sought after Sandy Bay location and is close to shops, transport, and services. If you still require a car, there is plenty of shared off street parking on common property. Properties like this are highly sought after rentals and this studio has been consistently rented by the present owner for the last 40 years. An ideal low maintenance 'set and forget' investment that is sure to be popular! - Freshly painted. - New carpet and flooring throughout. - Set back from the road for added privacy. - Regular bus service at your door. - Shared off street parking. - Rental assessment: $350 - $400p/w approx. - Body Corporate: $1813pa approx. - Council Rates: $1287pa approx. - Turn key property in a blue chip suburb!

Features

1 bedroom
1 bathroom
31 m² floor area
35 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 5/60 Regent Street 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 5/60 Regent Street

2025
Rented
Undisclosed
Leased on 18 Sep 2025 by Petrusma Property New Town
2025
Rented
Undisclosed
Leased on 18 Sep 2025 by Petrusma Property New Town
2025
Rented
Undisclosed
Leased on 02 Feb 2025 by Petrusma Property New Town

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 30 reviews in Sandy Bay over the last 12 months.

Local market activity for 1 bedroom units in Sandy Bay

In the last 12 months, 14 one-bedroom units similar to 5/60 Regent Street, have been sold.

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

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