Median Sale Price
House
-
Updated on Oct 2023
2 BR - | 3 BR - | 4 BR - |
Unit
-
Updated on Oct 2023
1 BR - | 2 BR - | 3 BR - |
Monthly Median Sale Price Market Trend
Sales Statistics (Houses)
| Year | Median | Growth | Low | High | # Sales |
|---|---|---|---|---|---|
| 2009 | $560,000 | 0.0% | $275,000 | $2,300,000 | 146 |
| 2010 | $655,000 | +14.5% | $215,000 | $2,000,000 | 138 |
| 2011 | $650,000 | -0.8% | $290,000 | $6,250,000 | 139 |
| 2012 | $612,500 | -6.1% | $240,000 | $1,850,000 | 167 |
| 2013 | $595,000 | -2.9% | $60,000 | $2,888,000 | 221 |
| 2014 | $610,000 | +2.5% | $225,000 | $1,890,000 | 170 |
| 2015 | $670,000 | +9.0% | $210,000 | $2,650,000 | 172 |
| 2016 | $750,097 | +10.7% | $1,000 | $3,850,000 | 177 |
| 2017 | $870,000 | +13.8% | $286,070 | $6,500,000 | 151 |
| 2018 | $915,000 | +4.9% | $287,000 | $3,450,000 | 133 |
| 2019 | $900,000 | -1.7% | $351,000 | $4,820,000 | 140 |
| 2020 | $1,020,000 | +11.8% | $498,888 | $4,222,000 | 129 |
| 2021 | $1,400,000 | +27.1% | $390,000 | $4,222,222 | 130 |
| 2022 | $1,350,000 | -3.7% | $520,000 | $4,900,000 | 117 |
| 2023 | $1,240,000 | -8.9% | $440,000 | $4,800,000 | 107 |
Median Sale Price
$1.24M
Based on 120 recorded sales within the last 12 months
Updated on 4 Dec 2023
Suburb Growth
-12.7%
Current Median Price: $1,240,000
Previous Median Price: $1,398,000
Based on 233 recorded House sales compared over the last two rolling 12 month periods
Peak Selling Periods (36 months ending Nov 2023)
Price Range Segments (12 months ending Nov 2023)
Median Weekly Rent Price
House
-
Updated on Oct 2023
2 BR - | 3 BR - | 4 BR - |
Unit
-
Updated on Oct 2023
1 BR - | 2 BR - | 3 BR - |
Monthly Median Rent Price Market Trend
Rent Statistics (Houses)
| Year | Median | Growth | Low | High | # Rents |
|---|---|---|---|---|---|
| 2011 | - | - | - | - | - |
| 2012 | - | - | - | - | - |
| 2013 | $480 | 0.0% | $355 | $1,820 | 10 |
| 2014 | $450 | -6.7% | $190 | $950 | 111 |
| 2015 | $495 | +9.1% | $200 | $1,500 | 186 |
| 2016 | $495 | 0.0% | $260 | $1,100 | 124 |
| 2017 | $550 | +10.0% | $300 | $1,200 | 112 |
| 2018 | $650 | +15.4% | $220 | $1,500 | 152 |
| 2019 | $620 | -4.8% | $220 | $2,000 | 110 |
| 2020 | $600 | -3.3% | $225 | $1,125 | 159 |
| 2021 | $650 | +7.7% | $360 | $1,500 | 148 |
| 2022 | $650 | 0.0% | $360 | $1,750 | 174 |
| 2023 | $600 | -8.3% | $225 | $2,000 | 166 |
Median Rent Price
$600
per week
Based on 173 recorded rent within the last 12 months
Updated on 4 Dec 2023
Rent Price Growth
-8.3%
Current Median Rent: $600
Previous Median Rent: $650
Based on 354 recorded House rent compared over the last two rolling 12 month periods
Suburb Rent Yield
+2.5%
Current Median Price: $1,240,000
Current Median rent: $600
Based on 293 recorded House sales and rents compared over the last two rolling 12 month periods
Peak Renting Periods (36 months ending Nov 2023)
Schools closest to Sandy Bay, TAS 7005
| School name | Address | Type | Sector | Distance |
|---|---|---|---|---|
| Albuera Street Primary SchoolTop 5 | ALBUERA STREETHOBART 7000 | Primary | Government | 0.38 km |
| St Michael's Collegiate SchoolTop 5 | 218 MACQUARIE STHobart 7000 | Combined | Independent | 0.72 km |
| Princes Street Primary SchoolTop 10 | RANDALL STREETSandy Bay 7005 | Primary | Government | 0.8 km |
| Mount Carmel CollegeTop 20 | 361 SANDY BAY RDSandy Bay 7005 | Combined | Catholic | 0.94 km |
| Goulburn Street Primary SchoolTop 20 | FOREST ROADWest Hobart 7000 | Primary | Government | 1.02 km |
| The Hutchins SchoolTop 5 | 71 NELSON RDSandy Bay 7005 | Combined | Independent | 1.28 km |
| St Mary's CollegeTop 10 | 164 HARRINGTON STHobart 7000 | Combined | Catholic | 1.47 km |
| South Hobart Primary SchoolTop 20 | 59 ANGLESEA STREETSouth Hobart 7004 | Primary | Government | 1.28 km |
| Waimea Heights Primary School | 12 BALFOUR COURTSandy Bay 7005 | Primary | Government | 1.85 km |
| Mount Nelson Primary SchoolTop 5 | 388 NELSON ROADMount Nelson 7007 | Primary | Government | 2.05 km |