531 Sandy Bay Rd, Sandy Bay is a 3 bedroom, 1 bathroom Unit with 3 parking spaces and was built in 1860. The property has a land size of 465m2 and floor size of 251m2. While the property is not currently for sale or for rent, it was last sold in August 2021.
This Prestigious corner site is in the sought-after location in Lower Sandy Bay just a short distance to Nutgrove and Long Beaches
The ground floor area of the property is suitable for retail space, rent or redevelopment (STCA) - Zoning General Residential
The upstairs level hosts a spacious 3 bedroom apartment with a generous bathroom and separate laundry
An added surprise is a cellar space comprising approximately 40sqm which runs along the Sandy Bay Rd frontage of the property.
Offered with vacant possession, inspections by appointment only
For inspection - contact Craig Bellgrove on 0488 013 965 or Leanne Masters on 0408 128 325
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Buyers should independently satisfy themselves of the accuracy of all matters stated prior to making a decision to purchase. More Real Estate accepts no liability or responsibility for claims arising from a reliance of the information contained herewith
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 5,852 properties. Over the last 5 years, Houses in Sandy Bay have seen a 18.77% increase in median value, while Units have seen a 20.40% increase. As at 31 December 2025:
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