4B Derwentwater Avenue, Sandy Bay, TAS 7005 | Property Value & History | OnTheHouse
 
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4B Derwentwater Avenue
Sandy Bay TAS 7005

Bedrooms: 2
Bathrooms: 1
Car spaces: 1
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Last updated 29 Dec 2025
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Property Details for 4b Derwentwater Ave, Sandy Bay

4b Derwentwater Ave, Sandy Bay is a 2 bedroom, 1 bathroom Unit with 1 parking spaces and was built in 1940. While the property is not currently for sale or for rent, it was last sold in September 2023.

Building Type
Unit
Year Built
1940
Local Government
Hobart
Lot/Plan
2/162797

Last Listing description (September 2023)

Charming Low Maintenance Home in Prime Location

Sweeping water vistas and a carefree lifestyle awaits you from this gorgeous villa complete with charming original features, a spacious loungeroom, and a stylish modern kitchen, all in a prime location close to the University, Lords Beach and the CBD.

Cleverly designed to maximise space and light, the property features two bedrooms, one bathroom with full sized bathtub, off street parking right at the front door, heat pump, breakfast bar in the kitchen, ample storage throughout, and a compact internal laundry.

As you head into the inviting loungeroom, your eyes will immediately be drawn to the incredible view of the river before you. From here you can relax with family and friends while you watch little boats glide across the water.

Showcasing the perfect mix of original character and modern style, the 1940's home has stunning timber flooring and high ceilings, while the kitchen, bathroom, and laundry have been renovated in a sleek contemporary style.

Both bedrooms have built in robes with bedroom two enjoying a view of Mount Wellington. The main bedroom is simply divine with more of those amazing river vistas and plenty of space for a desk as well as a king sized bed.

Positioned in a sought after area of Sandy Bay, the property is only a 250 metre walk from the promenade, 650 metres from Mount Carmel College, 1.2km from the University of Tasmania, and 3.3km from the centre of the city.

This wonderful home or excellent investment presents as the perfect low maintenance property that you can lock up and leave. Encompassing sensational views and elegant sophistication in a desirable area, interest in this home is anticipated to be high.

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Property History for 4b Derwentwater Ave, Sandy Bay, TAS 7005

A timeline of how this property has performed in the market
Last Sold
$667,500
12 Sep 2023
  • 27 Sep 2023
    Sold for $667,500
  • 04 Sep 2023
    Listed for Sale Offers Over $640,000
  • 05 Aug 2021
    Listed for Rent $495 per 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 5,854 properties. Over the last 5 years, Houses in Sandy Bay have seen a 20.92% increase in median value, while Units have seen a 17.69% increase. As at 30 November 2025:

  • The median value for Houses in Sandy Bay is $1,262,229 while the median value for Units is $685,604.
  • Houses have a median rent of $620 while Units have a median rent of $500.
There are currently 19 properties listed for sale, and 11 properties listed for rent in Sandy bay on OnTheHouse. According to Cotality's data, 243 properties were sold in the past 12 months in Sandy bay.

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© Copyright 2026. RP Data Pty Ltd trading as Cotality (Cotality). All rights reserved. No reproduction, distribution, or transmission of the copyrighted materials is permitted. The information is deemed reliable but not guaranteed.

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.

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