588 Sandy Bay Road, Sandy Bay, TAS 7005 | Property Value & History | OnTheHouse
OFF MARKET

588 Sandy Bay Road
Sandy Bay TAS 7005

Bedrooms: 6
Bathrooms: 3
Car spaces: 3
Floor area: 489m2
Land area: 2236m2
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Property Details for 588 Sandy Bay Rd, Sandy Bay

588 Sandy Bay Rd, Sandy Bay is a 6 bedroom, 3 bathroom House with 3 parking spaces and was built in 1900. The property has a land size of 2236m2 and floor size of 489m2. While the property is not currently for sale or for rent, it was last sold in August 2001.

Building Type
House
Year Built
1900
Floor Size
489m2
Land Size
2236m2
Local Government
Hobart

Last Listing description (August 2010)

Undoubtedly one of Sandy Bays most premium properties in a private & premium locale
Undoubtedly one of Tasmania's most prestigious properties. Occupying a coveted premium position on Nutgrove Beach with access direct to the beach, the home is serenely nestled amongst half an acre of level, landscaped grounds running right to the sand dunes. Offering an exemplary level of privacy and seclusion, the winding drive leads to secure entry and parking forecourt with access to three car garage. Imposing yet subtle, the exterior design of the property is perfectly suited to this beachside location, designed with particular emphasis on relaxed family living and enjoyment of this absolutely breathtaking position. Epitomising understated elegance on a grand scale, this impressive residence offers light filled designer interiors with oversized living and dining merging seamlessly with the expansive limestone alfresco entertaining area overlooking the gardens, pool pavilion and the blue waters of the Derwent. The front entry area boasts a stunning feature staircase beautifully handcrafted from stainless steel and Tasmanian timbers, ensuring a striking first impression. The open plan living zone also incorporates the sleek and spacious all white kitchen with concealed pantry, top quality appliances and well thought out workspaces to impress even the most avid gourmet. This opportunity represents a most unique chance to secure a cosmopolitan lifestyle of exclusivity and absolute luxury living amid one of Tasmania's most stunning water's edge environments.
- Sumptuous master suite with balcony + views

- Four double bedrooms over both levels
-A timeless design of style and sophistication
-Three exquisitely appointed luxury bathrooms
-Interior zones with abundant natural light
-Resort style pool pavilion with bathroom
-Gymnasium, library + study on upper level
-2236m2 approx. of established level grounds
-The ultimate in private + secluded family living
-Simply incomparable in style and location

Property History for 588 Sandy Bay Rd, Sandy Bay, TAS 7005

A timeline of how this property has performed in the market
Last Sold
$1,150,000
25 Aug 2001
  • 17 Dec 2009
    Listed for Sale OFFERS OVER $5,000,000
  • 25 Aug 2001
    Sold for $1,150,000
  • 08 Oct 1991
    Sold for $675,000
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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.

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.