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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 $1,295,000 and this has changed 8.36% over the past year and changed -0.39% over 2 years.

The median rent in Sandy Bay for houses is $650 per week and the median rental yield is 2.61%. Stock on the market for houses/townhouses has changed -12.50% compared to last year and the average time to sell a house/townhouse is 102 days.The median listing price for units is $625,000 and this has changed -3.85% over the past year. The average unit takes 108 days to sell and the median rent for a unit in Sandy Bay is $460 per week, producing a rental yield of 3.82%.

Supply & Demand in Sandy Bay, Hobart

0.91%

Current vacancy rate


51

Rental stock available


11,919

Population


30.43%

Rental population


0.87%

Current vacancy rate


232

Rental stock available


50,445

Population


30.68%

Rental population


0.51%

Current vacancy rate


1,414

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 $1,295,000 $885,000 $625,000
Median price change - last quarter 1.56% 4.11% 5.04%
Median price change - 1 year 8.36% 4.11% -3.85%
Median price change - 2 years -0.39% -4.33% -7.41%
  House Townhouses Units
Median weekly rent $650 $570 $460
Median yield % 2.61% 3.34% 3.82%
Median rent change - 1 year 9.24% 0.88% -2.13%
  House Units
Previous month sales 13 7
Stock on market previous month 70 37
Stock variance vs. last year -12.50% 2.78%
Average days on market 102 108

Sandy Bay investment property listings

Showing 5 of 138 investment properties found in Sandy Bay on realestateinvestar.com.au

43 Fisher Ave, Sandy Bay

$1,150,000

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1960s classic with water views

Privately positioned back from the street on a generous allotment of 1009 sqm in one of Sandy Bay's most exclusive streets, this classic circa 1960 home is light-filled, warm and inviting. Surrounded by verdant grounds and overlooking the River Derwent to enjoy water views, this property offers ...

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TAS 7005


27 York St, Sandy Bay

$1,695,000

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Mentone' - Character, sophistication and flexibility

Occupying a blue-chip position in one of Sandy Bay's premier locations, this wonderful family home is so much more than meets the eye, than you might first imagine. Built in the 1920s, the property provides ample flexibility with an adaptable floor plan that will appeal to a vast array of ...

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TAS 7005


1 Russell Cres, Sandy Bay

$1,275,000

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Refined & expansive apartment living in a premier Sandy Bay loca

Nestled within an enviable Sandy Bay location, this generous 4-bedroom apartment exudes modern luxury, offering an engaging blend of elegance, comfort, and convenience in a central and sought-after location. Upon entry, the property is immediately warm and inviting. A sumptuous family lounge room ...

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TAS 7005


32 Parliament St, Sandy Bay

$845,000

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Sandy Bay - Charming, Cute and Convenient

Ant's "Fluff-Free" Description... Welcome to "Thumb Cottage"... Old school charm meets everyday convenience - this is the kind of home that makes you smile the moment you step onto the porch. Whether you're a first-home buyer, downsizer, or just want a character-packed base near everything Hobart ...

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TAS 7005


714 Sandy Bay Rd, Sandy Bay

$1,490,000

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Villa Torno' - stunning water views and direct river access

Enjoying an elevated position on Sandy Bay Road offering stunning river views, all day sun, and exclusive river access, this solidly constructed circa 1938 triple brick home comes with an Airbnb permit, approved DA plans, offering enormous potential and an unparalleled lifestyle experience. Set ...

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TAS 7005


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