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Investment Property Sandy Bay, TAS, 7005

Suburb Snapshot

Sandy Bay is a suburb in the Hobart Region of Tasmania. Sandy Bay has a population of 11,919 people and 30.43% of its occupants live in rental accommodation. The median listing price for houses is $1,350,000 and this has changed 12.97% over the past year and changed 3.84% over 2 years.

The median rent in Sandy Bay for houses is $650 per week and the median rental yield is 2.50%. Stock on the market for houses/townhouses has changed 2.78% compared to last year and the average time to sell a house/townhouse is 103 days.The median listing price for units is $620,000 and this has changed -3.88% over the past year. The average unit takes 120 days to sell and the median rent for a unit in Sandy Bay is $460 per week, producing a rental yield of 3.85%.

Supply & Demand in Sandy Bay, Hobart

0.76%

Current vacancy rate


43

Rental stock available


11,919

Population


30.43%

Rental population


0.80%

Current vacancy rate


213

Rental stock available


50,445

Population


30.68%

Rental population


0.49%

Current vacancy rate


1,351

Rental stock available


509,956

Population


23.11%

Rental population


This is information is brought to you by realestateinvestar.com.au - The online home for property investors

Statistical data for Sandy Bay, Hobart

  House Townhouses Units
Median listing price $1,350,000 $895,000 $620,000
Median price change - last quarter 1.56% 4.11% 5.04%
Median price change - 1 year 12.97% 8.48% -3.88%
Median price change - 2 years 3.84% -0.51% -6.07%
  House Townhouses Units
Median weekly rent $650 $585 $460
Median yield % 2.50% 3.39% 3.85%
Median rent change - 1 year 8.33% 2.63% -2.13%
  House Units
Previous month sales 5 4
Stock on market previous month 74 38
Stock variance vs. last year 2.78% 11.76%
Average days on market 103 120

Sandy Bay investment property listings

Showing 1 of 1 investment properties found in Sandy Bay on realestateinvestar.com.au

128 Sandy Bay Rd, Sandy Bay

$1,600,000

property pic

Prime Location | Flexible Multi-Level Layout | Water & Mountain

Positioned in one of Sandy Bay's most sought-after locations, 128 Sandy Bay Road presents a substantial and versatile property offering excellent lifestyle appeal and strong future investment potential. Set along the main Sandy Bay Road, the property enjoys close proximity to Hobart's CBD, the ...

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6

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House

TAS 7005


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