10/7 Derwentwater Avenue, Sandy Bay, TAS 7005 sold on 14 May 2026 | OnTheHouse
SOLD
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Sold on 14 May 2026 for $605,000

10/7 Derwentwater Avenue
Sandy Bay TAS 7005

Bedrooms: 2
Bathrooms: 1
Car spaces: 1
Floor area: 60m2
Land area: 282m2
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Property Details for 10/7 Derwentwater Ave, Sandy Bay

10/7 Derwentwater Ave, Sandy Bay is a 2 bedroom, 1 bathroom Unit with 1 parking spaces and was built in 1970. The property has a land size of 282m2 and floor size of 60m2. While the property is not currently for sale or for rent, it was last sold in May 2026. There are other 2 bedroom Unit sold in Sandy Bay in the last 12 months.

Building Type
Unit
Year Built
1970
Floor Size
60m2
Land Size
282m2

Last Listing description (May 2026)

Think it.
Set in one of Sandy Bay's most tightly held pockets, this solid brick unit offers a rare opportunity to secure a low-maintenance property just moments from the waterfront, the University of Tasmania and the vibrant Sandy Bay shopping precinct. Positioned privately within a small complex, it delivers the lifestyle buyers are seeking in a location that continues to show strong long-term demand.

Know it.

Inside, the home offers a practical and comfortable layout with a light-filled living area capturing leafy street outlooks through a large bay window. The kitchen is neat and functional with ample storage and bench space, while two well-proportioned bedrooms are serviced by a central bathroom incorporating laundry facilities. Outside, a generous paved courtyard provides valuable outdoor space rarely found in similar units, along with convenient off-street parking. The property is currently tenanted on a non-fixed lease at $440 per week, offering flexibility for both investors seeking immediate rental income or buyers looking to occupy in the future.

Own it.
Whether you are looking to enter the Sandy Bay market, secure a smart investment close to the university, or add value over time, this property represents an opportunity in a location where demand consistently outpaces supply. With its solid construction, private outdoor space and unbeatable proximity to the water, shops and cafés, this is a property that will always be in demand.

*Please note - some images have been digitally staged with furniture for illustrative purposes only and may not accurately represent the scale or dimensions of the rooms. Un-staged images of the property are available on request.

Property History for 10/7 Derwentwater Ave, Sandy Bay, TAS 7005

A timeline of how this property has performed in the market
Last Sold
$605,000
14 May 2026
Listed for Rent
$435/w
11 Jan 2023
  • 14 May 2026
    Sold for $605,000
  • 09 Mar 2026
    Listed for Sale Enquiries between $575,000 - $625,000
  • 05 Jan 2023
    Listed for Rent $435 / week
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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 5,858 properties. Over the last 5 years, Houses in Sandy Bay have seen a 6.94% increase in median value, while Units have seen a 10.08% increase. As at 31 May 2026:

  • The median value for Houses in Sandy Bay is $1,279,038 while the median value for Units is $690,032.
  • Houses have a median rent of $795 while Units have a median rent of $525.
There are currently 17 properties listed for sale, and 11 properties listed for rent in Sandy bay on OnTheHouse. According to Cotality's data, 218 properties were sold in the past 12 months in Sandy bay.

Suburb Insights for Sandy Bay 7005

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Barry Wheeler
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Jessie Mills
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Disclaimer
The Cotality Data provided in this publication is of a general nature and should not be construed as specific advice or relied upon in lieu of appropriate professional advice.

While Cotality uses commercially reasonable efforts to ensure the Cotality Data is current, Cotality does not warrant the accuracy, currency or completeness of the Cotality Data and to the full extent permitted by law excludes all loss or damage howsoever arising (including through negligence) in connection with the Cotality Data.