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2/323 Churchill Avenue, Sandy Bay$500,000
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2/323 Churchill Avenue

Sandy Bay, TAS 7005, Australia
$500,000
1 bed 1 bath 1 car305 m²

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About this property

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 patioperfect 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.

Property Details

Property Type
apartment
Listing Type
For Sale
Bedrooms
1
Bathrooms
1
Parking
1
Land Area
305 m²
Listed
3 months ago

Repayment calculator

$2,424/month
$1,212 /fortnight
Loan $400,000 at 6.10% over 30 years

Upfront costs

Deposit$100,000
Stamp duty$18,248
Conveyancing (est.)$2,000
Total upfront$120,248
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 $1.13m median of 62 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 past Quorn St (bus)1.8 km away
  • Derwent Boat Sales2.1 km away
  • Unnamed1.9 km away
  • Unnamed2.0 km away
  • Unnamed2.0 km 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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Price history

Listing price changes & sale

2 price changes recorded for this property

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