10/7 Derwentwater AvenueSandy Bay TAS 7005
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 76m2. While the property is not currently for sale or for rent, it was last sold in February 2020.
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.
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 cafs, 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
- 14 May 2026Sold for $605,000
- 09 Mar 2026Listed for Sale Enquiries between $575,000 - $625,000
- 05 Jan 2023Listed for Rent $435 / week
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About Sandy Bay 7005
The size of Sandy Bay is approximately 6.9 square kilometres. It has 14 parks covering nearly 23.0% of 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 5,859 properties. Over the last 5 years, Houses in Sandy Bay have seen a 7.09% increase in median value, while Units have seen a 13.27% increase. As at 30 April 2026:
- The median value for Houses in Sandy Bay is $1,267,762 while the median value for Units is $683,008.
- Houses have a median rent of $755 while Units have a median rent of $520.
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