Pick of the bunch: No.488 Sandy Bay Road, Sandy Bay. Picture: SUPPLIED
A RIVERSIDE home in Sandy Bay has topped the charts as Tassie’s most expensive residential sale of the year.
No.488 Sandy Bay Rd in Sandy Bay was actually sold in late December but settled a couple of months later at $4.82 million, brining it into the 2020 club.
When it hit the market in summer, this superb property was expected to be one of the sales of the season. It certainly lived up to the prediction. And it is easy to see why.
The five-bedroom home boasts an understated grandeur as it stretches out across three waterside levels from its position on Sandy Bay’s lauded “Golden Mile”.
488 Sandy Bay Rd, Sandy Bay.
488 Sandy Bay Rd, Sandy Bay.
488 Sandy Bay Rd, Sandy Bay.
It has multiple formal and informal living and entertainment spaces — indoors and out — alongside a contemporary kitchen and luxurious bedroom accommodation.
Its master bedroom suite is pure opulence: from the wide views to the Juliet balcony, the abundant space to the five-star resort-style ensuite and wardrobing. And lets not overlook the fun to be found at the front of the home, a private boathouse with a boat ramp out into the Derwent River — perfect for a fisherman.
At a stich under $5 million, the sale is among the state’s largest on record. It is only eclipsed by Sentosa’s $6.5 million sale and an Ellerslie Rd apartment at $5.4 million. The record books also contain a $8.5 million sale but that was multiple houses and blocks.
ESI Property’s senior consultant Deb Stephens outside Beaumaris House, Battery Point.
The next best sale of the year so far was one of Tassie’s most significant, historic homes Beaumaris House. The Mercury understands that this epic 16-room three-storey 1870s Battery Point home was sold for $3.575 million.
It is known as the home of Mary Grant Roberts and the original site of the Beaumaris Zoo with links to exotic birds, Tassie devils and Tassie tigers. When the property first hit the market, there was a feeling that its size and stature might lend it to a commercial buyer.
Instead, it was sold to interstate purchasers who have moved to Tasmania and will write the next chapter of this heritage property’s story as their private family home.
64 Napoleon St, Battery Point.
12 Waterloo Crs, Battery Point.
104 Salamanca Pl, Battery Point.
Coming in at No.3 on the list was a Napoleon Street home that sold early in 2020 for $3 million and is a neighbour to Tassie’s top two sales of 2019. Large homes in this waterside address are always popular and No.64 Napoleon was no different with it barely lasting a fortnight on the market before finding its next custodian.
A glance through the current Top 10 sales reveals a southern bias, and two suburbs in particular dominates more than half of the list: Sandy Bay and Battery Point. Prices have been strong in recent years in Sandy Bay’s neighbouring suburb Taroona; it scored to spots in the top sales chart alongside homes in Bellerive on the Eastern Shore and city fringe suburb Mount Stuart.
Hobart’s median house price has been hovering around the $500,000 mark in recent years following the most recent market boom.
However, the plush homes on this list show prices in the top end of town are at least four times the median and often far more.
That is Tattslotto win level money for most people, but hey, it is fun to daydream.
Top end of town, 2020’s biggest sales:
$4.82 million: 488 Sandy Bay Rd, Sandy Bay (Charlotte Peterswald for Property)
$3.575 million: 7-13 Newcastle St, Battery Point (EIS Property)
$3 million: 64 Napoleon St, Battery Point (Charlotte Peterswald for Property)
$2.45 million: 12 Waterloo Crs, Battery Point (Charlotte Peterswald for Property)
$2.3 million: 104 Salamanca Pl, Battery Point (St Andrews Estate Agents)
$2.3 million: 8 Toorak Ave, Mount Stuart (Nest Property)
$2.06 million: 10 Utiekah Dr, Taroona (Knight Frank)
$2.05 million: 2 Sayer Crs, Sandy Bay (PRD Hobart)
$2.016 million: 40 Flinders Esp, Taroona (Knight Frank)
$2 million: 15 Victoria Esp, Bellerive (Fall Real Estate)
Source: realestate.com.au
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