Suburb Profile

Suburb profile for,

Sandy Bay, TAS 7005

About Sandy Bay

Situated in Tasmania's 7005 postcode, Sandy Bay is a well-established residential suburb.

Demographics and Community

Sandy Bay has a population of approximately 11,925, a median age of 40, a median weekly household income of $1,472.

Property Market Overview

The current median house price in Sandy Bay is $1,391,500. Average annual growth is -1.4%.

Properties in Sandy Bay spend an average of 20 days on market.

Rental Market

The median weekly rent for houses in Sandy Bay is $485. Gross rental yield is 3.00%.

Nearby Suburbs

Explore other suburb profiles in the area: Dynnyrne, TAS, Battery Point, TAS, South Hobart, TAS, Mount Nelson, TAS, Lenah Valley, TAS.

Considering Sandy Bay for Investment?

Handle Properties is a Sydney-based buyer's agency helping investors build portfolios of high-growth investment properties across Australia. If you are considering Sandy Bay or need help identifying the right suburb for your strategy, get in touch with our team.

SUBURB DATA

Quantitative data for,

Sandy Bay, TAS 7005

The quantitative data below has been compiled on 30th May 2023 from a range of third party sources using a variety of manual methods. Handle does not guarantee the accuracy of this data shown below.

State
TAS
Suburb
SANDY BAY
Postcode
7005
Median price for all dwellings
$1,391,500
Last 12 months growth return
Down -1.4%
Avg. dwellings for sale in the suburb every month
47
Avg. dwellings sold in the suburb in previous 12 months
98
Avg days on market for a dwelling listing to sell
20 days
Avg. number of people searching in this suburb every month
2473
Avg. rental yield per annum
3.00%
Weekly median rent for all dwellings
$485 per week
Median price for all houses
$1,391,500
Avg. rental yield growth in the previous 12 months
3.00%
Avg. days for a rental listing to find a tennant
17 days
Total suburb population in 2016
11925
Total suburb population change in 5 years up to 2016
6.90%
Avg. household income per week
$1,472
Median age of the population in the suburb
40
Historic avg annual growth return per annum in the suburb
10.99%