Sandy Bay TAS 7005

Here you can find what you need to know about Sandy Bay, TAS, including house prices in the area, median values, annual growth, recent sale prices, maps, a suburb profile and much more.

Suburb Insights
for Houses in last 12 months

At a Glance

$896k Median Sale Price (National Average $485k) 2nd In TAS
5.41% Median Price Change (1 yr) (National Average 4.30%) 137th In TAS
$600pw Median Rent (National Average $395) 3rd In TAS
3.5% Median Gross Yield (National Average 4.24%) 123rd In TAS
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Properties sold 144
Average discounting -9.02%
Average Days on Market 49
Stock on Market 27 for sale

Investment Strategy Scores

See how this property rates against different investment strategies. Learn more

Example Only
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How we calculate the suburb Cash Flow Score

The suburb Cash Flow Score is simply the average of all the individual Cash Flow Scores for each property in that suburb.

A higher score indicates the suburb is more likely to contain properties that deliver an above average gross yield.

Sandy Bay, TAS National
Median
Gross Yield

Investor Scores are computer generated and should not be regarded as personal or general advice about investing in residential property. They should not be relied on as such — persons seeking to buy or sell residential property should always seek appropriate professional advice. The methodology used to develop the Scores depends on the availability of property data and also depends on certain assumptions and estimates.
How we calculate the suburb Capital Growth Score

The suburb Capital Growth Score is simply the average of all the individual Capital Growth Scores for each property in that suburb.

A higher score indicates the suburb has recently experienced significant capital growth and the short term outlook for further growth is likely to be good given strong market health indicators.

Sandy Bay, TAS National
Change in Median
Price (1 yr)
Average Days
on Market
Average Vendor
Discounting

Investor Scores are computer generated and should not be regarded as personal or general advice about investing in residential property. They should not be relied on as such — persons seeking to buy or sell residential property should always seek appropriate professional advice. The methodology used to develop the Scores depends on the availability of property data and also depends on certain assumptions and estimates.
How we calculate the suburb Lower Risk Score

The suburb Lower Risk Score is simply the average of all the individual Lower Risk Scores for each property in that suburb.

A higher score indicates the suburb has increased in value over a longer period so is less likely to only be due to recent market forces. It is also likely to contain properties that command higher rent than average and therefore attract higher income tenants. Furthermore, properties in this suburb are likely to be easier to sell in the future due to strong market health indicators.

Sandy Bay, TAS National
Average Days
on Market
Change in Median Price
(5 yr)
Average Vendor
Discounting

Investor Scores are computer generated and should not be regarded as personal or general advice about investing in residential property. They should not be relied on as such — persons seeking to buy or sell residential property should always seek appropriate professional advice. The methodology used to develop the Scores depends on the availability of property data and also depends on certain assumptions and estimates.

Development Permits for Houses

Building permits are provided for council approved development applications. Where the available permits contain the type of development, date of submission, the date of approval, estimated build cost, estimated development area, builder and materials listed.

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Property Prices in Sandy Bay


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State Auction Clearance Rates - September 2018

Auctions Clearance rate
TAS 3 0%
ACT 115 59%
NSW 821 59%
NT 9 40%
QLD 124 47%
SA 120 60%
VIC 1,129 54%
WA 30 31%

Local Schools


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Suburb Information

Sandy Bay, TAS 7005

Part of: Hobart Council No data available

The size of Sandy Bay is approximately 6.9 square kilometres. It has 17 parks covering nearly 18.7% of total area. The population of Sandy Bay in 2011 was 11,156 people. By 2016 the population was 11,925 showing a population growth of 6.9% in the area during that time. The predominant age group in Sandy Bay is 20-29 years. Households in Sandy Bay are primarily childless couples and are likely to be repaying $1800 - $2399 per month on mortgage repayments. In general, people in Sandy Bay work in a professional occupation. In 2011, 63.1% of the homes in Sandy Bay were owner-occupied compared with 61.5% in 2016. (source: Australian Bureau of Statistics)

View all properties for sale in Sandy Bay

Demographic data provided
by Australian Bureau of Statistics


Market Trends for Sandy Bay   for Houses in last 12 months


There have been 144 Houses sold in Sandy Bay in the past 12 months with a median sale price of $896K, up 5.41% annually. It takes on average 49 days to sell with vendor discounting of -9.02%.

Streets in Sandy Bay


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South Hobart TAS, 7004 13.86% $616,000 $498pw 4.2% View Suburb Profile
Hobart TAS, 7000 11.07% $672,000 $580pw 4.5% View Suburb Profile
Taroona TAS, 7053 28.55% $707,000 $495pw 3.6% View Suburb Profile
Dynnyrne TAS, 7005 28.68% $830,000 $550pw 3.5% View Suburb Profile