7 Magnet Court, Sandy Bay, TAS 7005 | Property Value & History | OnTheHouse
OFF MARKET

7 Magnet Court
Sandy Bay TAS 7005

Bedrooms: -
Bathrooms: -
Car spaces: -
Floor area: 100m2
Land area: 96m2
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Property Details for 7 Magnet Ct, Sandy Bay

Building Type
Commercial
Year Built
1965
Floor Size
100m2
Land Size
96m2
Local Government
Hobart
Lot/Plan
4/66904

Last Listing description (August 2025)

RWC Tasmania is pleased to offer for lease this well-presented first floor office tenancy, ideally positioned in the popular Magnet Court retail and commercial precinct.

Located at 7a Magnet Court, this 70 sqm* office presents an excellent opportunity for small businesses, consultants, or professional service providers seeking a cost-effective base in one of Hobart's most tightly held suburbs.


The space features a practical layout with good natural light, air-conditioning, and access via a shared stairwell. Magnet Court is a highly accessible location with ample nearby parking and a wide range of surrounding amenities including cafés, supermarkets, and medical services.

This is a rare opportunity to secure an affordable office space in the heart of Sandy Bay, just minutes from Hobart's CBD and the University of Tasmania.

For more information or to arrange an inspection, please contact the undersigned.

*Approximately

Property History for 7 Magnet Ct, Sandy Bay, TAS 7005

A timeline of how this property has performed in the market
Last Sold
$1,450,000
30 Mar 2007
Listed for Rent
$287/w
05 Feb 2025
  • 18 Aug 2025
    Listed for Rent - Price not available
  • 12 Sep 2024
    Listed for Rent $15,000 / year
  • 07 Jul 2023
    Listed for Rent - Price not available
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About Sandy Bay 7005

The size of Sandy Bay is approximately 6.9 square kilometres. There are 14 parks, covering nearly 23.0% of the 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 5,862 properties. Over the last 5 years, Houses in Sandy Bay have seen a 2.15% increase in median value, while Units have seen a 5.59% increase. As at 30 June 2026:

  • The median value for Houses in Sandy Bay is $1,280,405 while the median value for Units is $704,409.
  • Houses have a median rent of $795 while Units have a median rent of $535.
There are currently 15 properties listed for sale, and 11 properties listed for rent in Sandy bay on OnTheHouse. According to Cotality's data, 215 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.