55 Derwentwater Avenue, Sandy Bay, TAS 7005 | Property Value & History | OnTheHouse
OFF MARKET

55 Derwentwater Avenue
Sandy Bay TAS 7005

Bedrooms: 3
Bathrooms: 1
Car spaces: 3
Floor area: 135m2
Land area: 826m2
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Property Details for 55 Derwentwater Ave, Sandy Bay

55 Derwentwater Ave, Sandy Bay is a 3 bedroom, 1 bathroom House with 3 parking spaces and was built in 1961. The property has a land size of 826m2 and floor size of 135m2. While the property is not currently for sale or for rent, it was last sold in June 2022.

Building Type
House
Year Built
1961
Floor Size
135m2
Land Size
826m2
Local Government
Hobart
Lot/Plan
3/91772

Last Listing description (September 2025)

Perfectly positioned on the edge of Lambert Park and embraced by lush, landscaped gardens, this beautifully renovated three bedroom home offers a rare combination of style, comfort and connection to nature all in one of Sandy Bay's most sought-after pockets.

Designed for relaxed, contemporary living, the home unfolds across a single light-filled level. At its heart is a spacious open plan living, dining and kitchen area where daily life flows effortlessly.

Caesarstone benchtops, quality integrated appliances, and clever design create a kitchen that's as functional as it is beautiful with direct access to the sun-drenched entertaining deck for easy alfresco dining.

Each of the three double bedrooms features built-in robes, while the fully renovated central bathroom impresses with underfloor heating, a deep freestanding bath and timeless monochromatic styling. An additional powder room offers added convenience for guests.

Recent upgrades include double-glazed windows, reverse cycle ducted Air conditioning, complete re-wiring, Led lighting, re-plumbing, and Spotted Gum effect flooring bringing warmth, energy efficiency and a refined aesthetic throughout.

Set within beautifully landscaped, low-maintenance native gardens, the home also includes a versatile workshop/utility space under the house, with an approved DA for a separate unit, and a beautifully lined garage with EV charging point and extra off-street parking.

Enjoy morning bushwalks with nature trails right on your doorstep, or wander to Hill Street Grocer, UTAS, Sandy Bay Village.With excellent schools, parks, cafes and public transport close by, this home offers both sanctuary and lifestyle.

Key Features:
* Fully renovated throughout with tasteful, high-quality finishes
* Sun soaked position
* Light-filled open plan living with integrated kitchen and Caesarstone benchtops
* Three generous bedrooms with built-in robes
* Modern bathroom with underfloor heating + additional powder room
* Extensive Double-glazed windows
* Re-wired electrical
* Re-plumbed
* Landscaped gardens and sun-filled entertaining deck
* Workshop/utility space
* DA Approved plans for a standalone unit under house.
* Lined garage with EV charging point and additional off-street parking
* Close to Lambert Park, Hill Street Grocer, beaches, UTAS and schools

A timeless home with nothing to do but move in and enjoy the Sandy Bay lifestyle.

Disclaimer:
We have obtained this property information from sources we believe to be reliable; however, we cannot guarantee its accuracy. Prospective buyers are advised to carry out their own investigations.

Property History for 55 Derwentwater Ave, Sandy Bay, TAS 7005

A timeline of how this property has performed in the market
Last Sold
$1,350,000
27 Jun 2022
  • 08 Jul 2025
    Listed for Sale Offers Over $1,475,000
  • 27 Jun 2022
    Sold for $1,350,000
  • 03 May 2022
    Listed for Sale Offers over $1.35 million
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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 24 properties listed for sale, and 13 properties listed for rent in Sandy bay on OnTheHouse. According to Cotality's data, 247 properties were sold in the past 12 months in Sandy bay.

Suburb Insights for Sandy Bay 7005

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Cotality Copyright and Legal Disclaimers about Property Data
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.