4a Derwentwater Ave, Sandy Bay is a 4 bedroom, 1 bathroom House with 3 parking spaces. The property has a land size of 1588m2 and floor size of 277m2. While the property is not currently for sale or for rent, it was last sold in March 2026. There are other 4 bedroom House sold in Sandy Bay in the last 12 months.
Located in the heart of Sandy Bay, this spacious, solid brick four-bedroom home, built in 1936, is being offered for sale for the first time in fifty years. Positioned on a private internal block, it enjoys beautiful water views across the River Derwent, gently sloping lawns with established gardens and mature trees, and the convenience of driveway access from two streets. Reflecting the prosperity of the late inter-war period and infused with touches of popular Art Deco style, the home features well-proportioned rooms, large windows, and a sense of elegance and charm.
With no street frontage to contend with, the house was thoughtfully oriented to face the river with a northerly aspect, ensuring maximum sunlight and uninterrupted water views. Across the front, the dining room and adjoining sitting room share one side of the entry foyer, while the spacious primary bedroom occupies the other. The kitchen and separate laundry sit behind the dining room, offering excellent potential for remodelling either as distinct spaces or reconfigured into a contemporary open-plan living zone. Along the rear of the home are two additional bedrooms and the family bathroom, while stairs lead down to a large fourth bedroom or flexible living space, together with internal access to a secure double garage. All bedrooms feature built-in storage, with further cupboards located throughout the hallways.
Approached from Derwentwater Avenue, the sweeping driveway highlights the home's attractive façade before leading to the front entrance. The gently sloping lawn descends towards the river and is framed by mature plantings, including a charming garden gazebo-an inviting retreat for morning coffee, afternoon tea, or evening drinks. This low-maintenance garden also offers scope for further development. From Ilfracombe Crescent, a second driveway approaches the home from the rear, joining the main driveway along the western side. At the back of the house, a paved patio provides a private and practical space for alfresco living.
The location is one of Sandy Bay's most desirable. Close to public and private schools, the University of Tasmania, public transport and local parks, the property also offers easy access to the Sandy Bay shopping precinct and the recreational opportunities of Marieville Esplanade. A much-loved family home for the past fifty years, it is now ready to be embraced once more by a new generation.
Highlights
Classic family home in a highly sought-after part of Sandy Bay
Four-minute drive or twenty-minute walk to Sandy Bay shopping precinct
Three-minute drive or fifteen-minute walk to Hill Street Grocer
Seven-minute drive to Hobart CBD and waterfront
Close to Lambert Park walks, the University of Tasmania, Sandy Bay beaches and Queenborough sporting facilities
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 5,857 properties. Over the last 5 years, Houses in Sandy Bay have seen a 7.64% increase in median value, while Units have seen a 20.48% increase. As at 31 March 2026:
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