Suburb Profile

Suburb profile for,

Sandy Bay, TAS

Located in the dynamic state of TAS (postcode 7005), SANDY BAY is a vibrant real estate market. This suburb holds a median house price of $1,391,500 and has demonstrated an average buying growth of Down -1.4%. Last month, 47 houses were available, with 98 transactions completed in the past year. Properties spend around 20 days on the market, reflecting the area's demand with 2473 interested buyers. The average rental yield stands at 3.0%, with a weekly median rent of $485 per week and an average rent growth of Up 12.0%. Rental properties usually stay on the market for 17 days. The population in 2016 was 11925, which changed by +6.90% in the past five years. The median weekly household income is $1,472, reflecting an income change of +14.73% over the past five years. Residents have a median age of 40 years, and the suburb has an average annual growth for houses of +10.99%. To fully take advantage of SANDY BAY's prosperous real estate market and substantial buyer interest, rely on Handle Properties. As the best buyers agent in SANDY BAY, Handle provides end-to-end property investment services, backed by data and experts.

SUBURB DATA

Quantitative data for,

Sandy Bay, TAS

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%

Try Handle risk-free for 14 days!

Receive high quality property recommendations with a rental guarantee.
Full refund if we cannot find you properties that meet your needs.
Get started today!
😎
End-to-End Service
👊🏼
14-day risk free trial
🚀
Off