Sandy Bay, TAS 7005
City of HobartGreater HobartAll suburbs in postcode 7005
Updated
Median house price
$1,267,500
ABS statistical area (SA2) median · 2024
An SA2 can take in surrounding localities, so this can differ from sales in Sandy Bay itself.
Selling in Sandy Bay?
Get the free selling guide, personalised to Sandy Bay, or ask for a free appraisal from a local agent.
Sandy Bay at a glance
- Median unit
- $720,000
- Population
- 12.3k
- Median age 39
Prices: ABS statistical area (SA2) median · 2024 · Population: 2021 Census
House prices in Sandy Bay
Across the ABS statistical area that takes in Sandy Bay, houses changed hands at $1,267,500 in 2024, well above the Tasmania median. An SA2 can take in surrounding localities, so this can differ from sales in Sandy Bay itself. Units come in around $720,000, roughly 43% below the house median.
For buyers
A 20% deposit on the median house works out to roughly $254,000. Prices sit well above the Tasmania median, so plan for a stretched deposit and shop carefully on borrowing capacity.
- Weekly rent (house)
- $420/wk
- Weekly rent (unit)
- $418/wk
Rental data as of April 2026
Free appraisal in Sandy Bay
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What to know about Sandy Bay
Sandy Bay (7005) sits in the Hobart region of Tasmania. The median house here is $1,267,500, well above the Tasmania median of around $650K.
Sandy Bay has roughly 12,315 residents, with a typical family-age mix. Households are mostly owner-occupied.
What it’s like to live here
Summer days here average around 23°C (mild), winter mornings around 5°C (cool). Annual rainfall lands at about 554 mm. Figures are our 1991 to 2020 averages of SILO data for this location (Queensland Government, built from Bureau of Meteorology observations).
Schooling within or near the suburb covers 10 government primary, 2 government secondary, 2 Catholic, 6 independent.
Schools in Sandy Bay
Location
Demographics
The 2021 Census put Sandy Bay's population at 12,315, with a median age of 39. That sits as a typical family-age mix. Households are mostly owner-occupied (62% own, 34% rent), which shapes everything from school catchment stability to how often properties turn over. The household mix skews family-dominated (63% family households, 28% lone person), so amenity decisions tend to follow what families want: parks, schools, supermarkets.
- Family households
- 63%
- Lone person
- 28%
- Owner occupied
- 62%
- Renter occupied
- 34%
Demographics data as of May 2026· ABS 2021 Census
Investment overview
Gross rental yield on houses sits at 1.72% (median rent $420/wk against a $1,267,500 price tag). Units yield 3.02% gross, often the better cash-flow play for first-time investors. With 34% of households renting, the leasing market is established and vacancy risk tends to be lower than in owner-dominated suburbs.
- Gross yield, housesSource: ABS Data by Region (SA2-level, 2024) · Dec 2024
- 1.72%
- On the $1,267,500 median
- Gross yield, unitsSource: ABS Data by Region (SA2-level, 2024) · Dec 2024
- 3.02%
- On the $720,000 median
Gross rental yield is a year’s rent divided by the purchase price, before expenses. It leaves out vacancy, management fees, maintenance and financing costs, so treat it as a starting point.
Weather year-round
- Annual rainfall
- 554 mm
- Hottest month, avg max
- 22.5°C
- Coldest month, avg min
- 4.6°C
Rainfall by month
Our 1991 to 2020 averages of SILO data (Queensland Government, built from Bureau of Meteorology observations, CC BY 4.0) for this location.
Climate data as of October 2026· SILO (Queensland Government), from Bureau of Meteorology observations
Questions about Sandy Bay
- What is the median house price in Sandy Bay?
- The median house price for the ABS statistical area (SA2) that takes in Sandy Bay, TAS 7005 is $1,267,500 (2024). An SA2 can take in surrounding localities, so this can differ from sales in Sandy Bay itself. The median unit price is $720,000.
- How much is my house worth in Sandy Bay?
- A useful starting point is the Sandy Bay median house price of $1,267,500 (units $720,000). Your home will sit above or below that depending on land size, condition, position and what comparable homes nearby have sold for recently. For a figure specific to your property, request a free property appraisal from a local agent using the form on this page.
- What is the Sandy Bay postcode?
- Sandy Bay is in the 7005 postcode, in TAS, in the City of Hobart region.
- Where is Sandy Bay?
- Sandy Bay is a suburb of Hobart, in TAS 7005. It is part of the Greater Hobart area, in the City of Hobart region.
- What is the average rent in Sandy Bay?
- The median weekly rent for houses is $420, for units it's $418.
- What schools are in Sandy Bay?
- There are 20 schools serving Sandy Bay on this page, including Mount Carmel College, The Hutchins School, Princes Street Primary School.
- What suburbs are near Sandy Bay?
- Sandy Bay is close to Dynnyrne, Battery Point, South Hobart, Hobart, Hobart.
- What is the population of Sandy Bay?
- The population of Sandy Bay is approximately 12,315 (2021 Census). The median age is 39.
Selling in Sandy Bay? Get the free selling guide
What selling costs, how agents price homes, what to ask them and a 12-week plan to settlement, personalised to Sandy Bay. A free PDF, in about a minute.
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Sources. House and unit medians from the NSW Valuer General, Land Victoria, the SA Government and the ABS; rents from the state rental bond authorities. Census from the ABS (2021), climate from the Bureau of Meteorology, hazard from Geoscience Australia, schools from ACARA and crime from state police open data. Each figure carries its source and date. How we source data
How we’re paid. The guides and this page are free. When a seller asks, we introduce one local agent, and the agent pays us a flat fee for the introduction, never a share of their commission; it costs the seller nothing. If a figure looks wrong, tell us and we’ll fix it.