2A Derwentwater Avenue, Sandy Bay, TAS 7005 | Land for sale | OnTheHouse
 
FOR SALE
$1,000,000

2A Derwentwater Avenue
Sandy Bay TAS 7005

Bedrooms: -
Bathrooms: -
Car spaces: -
Land area: 569m2
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Bring your Architect, Bring your Vision

This is your chance to create something extraordinary. Positioned within one of Sandy Bay's most prestigious and tightly held pockets, this rare 569 m2 (approx.) parcel of land sits just moments from Wrest Point Casino and the shores of the River Derwent.
With the potential to capture sweeping water views, the site offers an exceptional canvas for buyers wanting to design a residence that truly celebrates its elite location. Whether you imagine a striking architectural home or a long-term blue-chip investment, opportunities to secure land of this calibre in Sandy Bay are becoming increasingly scarce.
Set within easy reach of Hobart CBD, Salamanca, leading schools, beaches, restaurants and the many lifestyle attractions that define Sandy Bay living, this address delivers convenience, prestige and future potential in equal measure.
Please note: All previous council and planning approvals have now lapsed. Any future development will require the purchaser to obtain the necessary approvals from relevant authorities.

Property Details for 2a Derwentwater Ave, Sandy Bay

Building Type
Land
Land Size
569m2
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About Sandy Bay 7005

The size of Sandy Bay is approximately 6.9 square kilometres. There are 14 parks, covering nearly 23.0% of the total area. The population of Sandy Bay in 2016 was 11927 people. By 2021 the population was 12315 showing a population growth of 3.2% in the area during that time. The predominant age group in Sandy Bay is 20-29 years. Households in Sandy Bay are primarily childless couples and are likely to be repaying $1800 - $2399 per month on mortgage repayments. In general, people in Sandy Bay work in a professional occupation.In 2021, 62.10% of the homes in Sandy Bay were owner-occupied compared with 61.50% in 2016.

Sandy Bay has 5,866 properties. Over the last 5 years, Houses in Sandy Bay have seen a -8.36% decrease in median value, while Units have seen a 2.26% increase. As at 31 August 2026:

  • The median value for Houses in Sandy Bay is $1,251,208 while the median value for Units is $712,988.
  • Houses have a median rent of $800 while Units have a median rent of $540.
There are currently 18 properties listed for sale, and 14 properties listed for rent in Sandy bay on OnTheHouse. According to Cotality's data, 202 properties were sold in the past 12 months in Sandy bay.

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Tim Cordwell
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PRDnationwide Hobart
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