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

724 Sandy Bay Road
Sandy Bay TAS 7005

Bedrooms: 3
Bathrooms: 2
Car spaces: 2
Floor area: 196m2
Land area: 1495m2
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Last updated 19 Jan 2026
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Property Details for 724 Sandy Bay Rd, Sandy Bay

724 Sandy Bay Rd, Sandy Bay is a 3 bedroom, 2 bathroom House with 2 parking spaces and was built in 1950. The property has a land size of 1495m2 and floor size of 196m2. While the property is not currently for sale or for rent, it was last sold in December 2015.

Building Type
House
Year Built
1950
Floor Size
196m2
Land Size
1495m2
Local Government
Hobart
Lot/Plan
0/180251

Last Listing description (November 2025)

Uninterrupted River Derwent views and direct waterfront access set the tone for this exceptional coastal residence, where every detail has been thoughtfully designed to elevate daily living. With a private beach and title to the highwater mark, this home offers a rare opportunity to embrace a luxurious Tasmanian lifestyle.

Light-filled and spacious, the open plan living, dining and kitchen area flows seamlessly to a premium Tractio deck, perfect for entertaining against a backdrop of ever-changing water vistas. Large glass sliding doors and double-glazed windows frame the views, while Italian designer pendant lights and high-definition CRI downlights add sophistication throughout.

The well-designed kitchen with quality appliances, Dekton benchtops, and a generous butler's pantry makes entertaining friends and family a breeze.

Wake up each morning to mesmerising water views enjoyed from the private primary suite with walk-in wardrobe and ensuite bathroom on the upper level. Downstairs there are two additional bedrooms with built-in wardrobes, serviced by a central bathroom with luxury bathtub and spectacular water views down the River Derwent.

The undercroft provides ample storage and a shower for post-swim convenience. Smart features include ducted Daikin heating and cooling, electric blinds, a back-to-base alarm system, and a 360 CCTV setup. Rainwater tanks service the garden and toilets, while the grounds are low-maintenance and fully irrigated.

Completed in 2020 and set on 901 sqm, this property is a statement in design, privacy, and functionality. Within close proximity of excellent schools, UTAS, and the cafes and facilities of Sandy Bay, this home is a statement in design that is impressive in every way, and unsurpassed in both location and outlook.

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Property History for 724 Sandy Bay Rd, Sandy Bay, TAS 7005

A timeline of how this property has performed in the market
Last Sold
$1,200,000
12 Dec 2015
  • 04 Nov 2025
    Listed for Sale Offers over $4,500,000
  • 05 May 2020
    Listed for Sale Offers over $1.4 million
  • 12 Dec 2015
    Sold for $1,200,000
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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 5,851 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 13 properties listed for sale, and 14 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.

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© 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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