HobartTasmania

Sandy Bay

Property profile for Sandy Bay, Hobart. Median prices and property calculators.

Median Prices

Median House Price

$1,100,000

Approximate median for Sandy Bay, Hobart

Median Unit Price

$520,000

Approximate median for Sandy Bay, Hobart

Compare Hobart Suburbs

SuburbMedian HouseMedian UnitView
Sandy Bay (this suburb)$1,100,000$520,000
Battery Point$1,350,000$650,000View →
North Hobart$850,000$480,000View →
Bellerive$800,000$500,000View →
New Town$780,000$450,000View →

Calculate Your Costs

Estimated Costs at Median Price

Estimated Stamp Duty

$51,500

On median house price of $1,100,000

Estimated Monthly Mortgage

$5,390

80% LVR, 6.2% rate, 30yr P&I

Estimated Deposit Needed

$220,000

20% of median house price

Estimates are approximate and based on the median house price. Use our calculators for exact figures.

About Sandy Bay

Sandy Bay is an affluent suburb stretching south from Hobart's CBD along the western shore of the Derwent River. The suburb is home to the University of Tasmania's main campus, which lends it a vibrant academic atmosphere and supports a range of cafés, bookshops, and student-friendly businesses along Sandy Bay Road. The Wrest Point Hotel Casino, Australia's first legal casino, is a landmark on the waterfront. Property in Sandy Bay ranges from grand historic homes with river and mountain views on the upper streets to modern apartments and student accommodation closer to the university. Many homes enjoy spectacular views of kunanyi/Mount Wellington, the Derwent River, and the Eastern Shore. Sandy Bay village offers a quality shopping precinct with specialty food stores, restaurants, and everyday services. Long Beach and Nutgrove Beach provide sheltered swimming spots with sandy foreshores, while the Sandy Bay Rivulet track offers bushland walking. Transport includes frequent Metro Tasmania bus services along Sandy Bay Road to the CBD, with the journey taking about ten minutes. The suburb is well-served by schools including Collegiate and Fahan School. Sandy Bay appeals to academics and university staff, established families seeking prestigious homes with views, students, and professionals who value the suburb's combination of natural beauty, culture, and proximity to the city centre.

Sandy Bay Property Prices & Profile (2026) | RealEstateCalc