75 Lipscombe Avenue, Sandy Bay TAS 7005

75 Lipscombe Avenue, Sandy Bay TAS 7005
1977-built family home | four bedrooms, three bathrooms | north-facing river views | low-maintenance 707m² flat lot | Sandy Bay prestige This property presents a competitively strong offering within Sandy Bay, combining a functional four-bedroom layout on a rare flat parcel with direct river vistas. Its multiple living zones and dual staircases create genuine flexibility for a family, while the low-maintenance landscaping and established position on a premier avenue reduce immediate upkeep. It serves buyers seeking a turnkey home in a tightly held location, with the convenience of nearby schools, the university, and the CBD underpinning its enduring appeal. The decision hinges on the 1977 construction, which necessitates a stringent building inspection to budget for modernisation behind its warm timber façade. The mid-range lot size and older build date are priced into the asking figure, but the flat aspect and views command a premium. Secure this property as a long-term family residence; its layout and location will sustain capital growth while delivering immediate utility. The rental yield supports holding it as an investment, but its highest use is owner-occupation. Recent sales in the broader area provide context: – 32 Birngana Avenue, Sandy Bay: Sale price and details not provided in data. – 328 Strickland Avenue, South Hobart (0.7km away): Sale price and details not provided in data. – 25 Athleen Avenue, Lenah Valley (1.2km away): Sale price and details not provided in data. The lack of direct, recent sales data on Lipscombe Avenue itself confirms the street’s low turnover, a typical signal of a desirable, tightly held location. The provided comparable sales are from different, albeit proximate, suburbs and do not offer a precise value benchmark for this specific property.

Independent, Unbiased Research from  our PropCred Analyst team 

Market Insight:

Sandy Bay is Tasmania’s premier affluent suburb, with demand driven by professionals and families drawn to its prestige and proximity to Hobart’s amenities and quality schools. The housing market demonstrates resilience with solid sales activity, though recent trends show mixed performance with unit prices under pressure. Future growth is anchored by its established desirability and low vacancy rates, yet high price points constrain affordability and the market remains sensitive to broader economic conditions.

PropCred Estimated Value

Bedrooms

4

Bathroom

3

Parking

4

Land

707m²

Built

Recent Assessments