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11/2 Plimsoll Place, Sandy Bay$420,000
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11/2 Plimsoll Place

Sandy Bay, TAS 7005, Australia
$420,000
1 bed 1 bath 1 car43 m²

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About this property

Positioned in the heart of tightly held Sandy Bay, this well-presented one-bedroom apartment offers an outstanding opportunity for investors seeking a secure, low-maintenance asset in one of Hobart's most consistently in-demand suburbs. Currently leased until 2nd June 2027 and returning $900 per fortnight, the property provides immediate income and long-term investment appeal. Filled with natural light, the spacious open-plan living and dining area enjoys excellent all-day sun, creating a warm and inviting atmosphere. The functional kitchen includes a practical breakfast bar, while the generously sized bedroom features built-in wardrobes and direct access to the combined bathroom and laundry with standalone shower. An undercover off-street parking space further enhances the convenience and appeal, while the blue-chip location places the property just moments from Sandy Bay's cafés, restaurants, shopping precinct, the University of Tasmania, and Hobart's waterfront. With strong rental demand and a secure tenancy already in place, this represents an ideal set-and-forget investment in one of Hobart's most desirable suburbs.

Property Details

Property Type
apartment
Listing Type
Sold
Bedrooms
1
Bathrooms
1
Parking
1
Land Area
43 m²
Listed
2 months ago

Repayment calculator

$2,036/month
$1,018 /fortnight
Loan $336,000 at 6.10% over 30 years

Upfront costs

Deposit$84,000
Stamp duty$14,848
Conveyancing (est.)$2,000
Total upfront$100,848
Verify with TAS revenue office →
Indicative figures only — not a quote. Real loan offers depend on the lender; duty depends on contract terms and applicable concessions.

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Neighbourhood

Living in Sandy Bay

This 1-bedroom apartment in Sandy Bay, TAS 7005 sits within reach of public transport, local shops and nearby schools. It is listed 56% below the $950,000 median of 55 comparable apartmentswithin 5 km.

Schools near Sandy Bay

  • Fahan Schoolcombined · Prep-12 · Girls
  • Mount Carmel Collegecombined · Prep-10 · Girls
  • The Hutchins Schoolcombined · Prep-12 · Boys
  • Princes Street Primary Schoolprimary · K-6 · CoEd
  • Sandy Bay Infant Schoolprimary · K-2 · CoEd
  • Waimea Heights Primary Schoolprimary · K-6 · CoEd

What's nearby

  • Nelson Rd (Lwr Queenborough) (bus)287 m away
  • Derwent Boat Sales638 m away
  • Unnamed630 m away
  • Unnamed631 m away
  • Unnamed641 m away

Sandy Bay at a glance

Full suburb profile
Population
12,315
Median age
39
Household income
$1,915/wk
Median rent
$418/wk
Median mortgage
$2,167/mo

Source: ABS Census.

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Suburb market

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Sandy Bay price trend

Median sold · Unit 1 bed

$423kcurrent median

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