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

64 Derwentwater Avenue
Sandy Bay TAS 7005

Bedrooms: 11
Bathrooms: 11
Car spaces: 6
Floor area: 432m2
Land area: 1171m2
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Last updated 26 Jan 2026
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Property Details for 64 Derwentwater Ave, Sandy Bay

64 Derwentwater Ave, Sandy Bay is a 11 bedroom, 11 bathroom Unit with 6 parking spaces and was built in 1961. The property has a land size of 1171m2 and floor size of 432m2. While the property is not currently for sale or for rent, it was last sold in August 2016.

Building Type
Unit
Year Built
1961
Floor Size
432m2
Land Size
1171m2
Local Government
Hobart
Lot/Plan
11/91772

Last Listing description (August 2016)

Harcourts Hobart, on behalf of the University of Tasmania, is offering this outstanding development or investment opportunity situated right in the heart of popular Sandy Bay.
On offer are twelve units on two separate titles currently leased as student accommodation returning approx. $109,000 per annum. With the option to retain as a high yielding income property or the possibility to stratum title each unit, the development potential for the property is significant (STCA).
The complex is configured into six one bedroom units and six bedsit units over three levels on a corner allotment with access from both Churchill Avenue and Derwentwater Avenue. Off-street parking for up to six cars with further potential for parking available.

The property is being offered with vacant possession at the end of November 2016. Located close to the University of Tasmania, Hutchins School, public transport and within walking distance of all local amenities.
Expressions of Interest closing 1st August 2016 at 5pm.

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Property History for 64 Derwentwater Ave, Sandy Bay, TAS 7005

A timeline of how this property has performed in the market
Last Sold
$1,600,000
10 Aug 2016
  • 10 Aug 2016
    Sold for $1,600,000
  • 08 Jul 2016
    Listed for Sale EOI - Closing 1st August 2016 @ 5pm
  • 07 Feb 2012
    Sold for $1,250,000
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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 5,849 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:

  • The median value for Houses in Sandy Bay is $1,304,733 while the median value for Units is $691,289.
  • Houses have a median rent of $623 while Units have a median rent of $500.
There are currently 12 properties listed for sale, and 12 properties listed for rent in Sandy bay on OnTheHouse. According to Cotality's data, 248 properties were sold in the past 12 months in Sandy bay.

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Cotality Copyright and Legal Disclaimers about Property Data

© 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.

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.

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