Sandy Bay at a glance
12,555
People
$1,152,500
Median sale
$548/wk
Median rent
2.47%
Suburb gross yield
Median sale from 36 recorded sales (last 12 months) — a Districts calculation.
TAS › Sandy Bay › Sandy Bay Rd
$1,100,000
For sale
Asking
2
Bedrooms
1
Bathrooms
1
Car spaces
150 m²
Land
Districts View
No upside evidence detected in the data Districts holds for this lot.
No detected risks — but see the checklist: absence of evidence is not an all-clear.
Each line above is labelled. A fact is quoted from the named source, with its date. A calculation is worked out by Districts from those facts — you can check the arithmetic. An interpretation is Districts' opinion of what the evidence means, not a fact, a valuation, or advice. Anything we haven't retrieved yet is marked as missing rather than treated as a pass.
Price evidence
Asking
$1,100,000
Asking · $7,333/m² of land
No recorded sale for this property.
Sandy Bay at a glance
12,555
People
$1,152,500
Median sale
$548/wk
Median rent
2.47%
Suburb gross yield
Median sale from 36 recorded sales (last 12 months) — a Districts calculation.
Vs Sandy Bay
-4.6%
Median sale
Suburb $1,152,500
+0.12 pp
Gross yield
Suburb 2.47%
Suburb median $1,152,500 from 36 recorded sales (last 12 months) — a Districts calculation, not a portal figure.
$48,642 on top of the price (4.4% extra)
Estimates only, at standard investor rates — no first-home or owner-occupier concessions applied. Not included: lenders mortgage insurance (usually applies when borrowing more than 80% of the price), loan application and settlement fees from your lender, the foreign-purchaser duty surcharge, and building insurance — in Queensland the property is at your risk from the first business day after signing, not from settlement. Verify with your conveyancer.
Stamp duty and transfer fees: Tasmania schedules from 2026-07-01. Ongoing council rates and land tax are not included.
Pre-filled with Sandy Bay's advertised median rent — not a rent for this listing.
Gross yield is weekly rent × 52 ÷ price. Net yield subtracts operating expenses. Cashflow then subtracts interest-only interest on price × LVR. Tax, vacancies, and principal repayments are not included.
Planning
Planning data is being calculated
Data unavailable
Source
Planning facts are copied from official government GIS where available. Where an official property PDF exists (VicPlan, PlanBuild), Districts stores and serves that original document. Neither is a planning certificate, survey, or advice.
Site
Terrain has not been calculated for this property yet.
Slope is calculated on a projected metric grid from a public DEM clip of the official parcel. This is not a survey, engineering, or insurance assessment.
Flood exposure has not been retrieved from any source for this property yet. Unknown is not the same as clear.
Bushfire exposure has not been retrieved from any source for this property yet. Unknown is not the same as clear.
Heritage listing has not been retrieved from any source for this property yet. Unknown is not the same as clear.
Records
Events are recorded observations from public listings, kept with their source and date. Missing values are shown as unknown, never estimated.
Capital growth
TASPlanning layers have not been retrieved for this property yet. A suburb median or growth rate is not a reason this particular lot would outperform. Funded catalyst catchments are not loaded. A TOD badge is not this product.
Official flood overlay has not been retrieved (pending). Missing layer is unknown, not “no.” Nearby development applications are not loaded for this property.
Rental
No advertised rent is recorded. Suburb median rent $548/week — not this address. An inferred likely-rent range is not shown until official bond series are loaded for this dwelling type and bedrooms.
Current comparable rental listings within 400 m of this lot are not loaded. Nearby development applications are not loaded for this property. Supply pressure needs comparable listings near this lot plus a nearby DA pipeline. Neither is loaded. Suburb vacancy or leased-tape days are not this property’s competition.
Gross yield if leased at the suburb aggregate is 2.6%. The yield that matters is the one on achieved rent, which has not been inferred for this address. Net yield (land tax, rates, insurance, vacancy) is not loaded. Net yield / holding costs are not estimated outside NSW without inventing land tax.
Verdict
Districts view
Not enough official evidence yet to underwrite this as an investment.
Detail
The same ten questions apply to every property. Missing flood, nearby DAs, achieved rents, or lot geometry is unknown — not “no.”
Do not treat a suburb median, an advertised yield, or a listing score as the case for this lot.
The evidence loaded so far isn't enough on its own to change a buy, offer, or walk-away decision for this property.
Evidence
Districts asks the same ten questions of every property. If one shows as unknown, that data isn't published for this state or hasn't been loaded yet — the question stays visible so you can see exactly what's missing.
1 of 10 questions answered so far
Development optionality of this lot
UnknownPlanning layers have not been retrieved for this property yet.
Nearby development pipeline
UnknownNearby development applications are not loaded for this property.
Honest achievable rent
KnownlowThis is not “bond data says this address leases for $X.” The comparable figure is a suburb advertised/median rent, not this property. Official bond files (postcode or suburb × type × bedrooms) are not loaded yet.
Rental supply pressure
UnknownSupply pressure needs comparable listings near this lot plus a nearby DA pipeline. Neither is loaded.
Why is this cheap?
UnknownThe constraint stack has not been retrieved for this lot, so Districts cannot explain a discount versus land size.
Lot-level flood
UnknownOfficial flood overlay has not been retrieved (pending). Missing layer is unknown, not “no.”
Catalyst exposure
UnknownFunded catalyst catchments are not loaded. A TOD badge is not this product.
This lot's DA history
UnknownDevelopment applications have not been queried for this parcel.
Statutory land value versus ask
UnknownStatutory land value is not available as free bulk data in this jurisdiction. Do not fake it with a suburb median.
Net yield / holding costs
UnknownNet yield / holding costs are not estimated outside NSW without inventing land tax.
Area
Sandy Bay at a glance
12,555
People
$1,152,500
Median sale
$548/wk
Median rent
2.47%
Suburb gross yield
Median sale from 36 recorded sales (last 12 months) — a Districts calculation.
Listing material
Listed by Insitu Property HobartPositioned within one of Sandy Bay's most tightly held waterfront precincts, this beautifully presented ground-floor Art Deco apartment captures uninterrupted views across the Derwent Sailing Squadron, boat moorings and the glistening River Derwent, delivering an exceptional lifestyle opportunity in a truly blue-chip location.
Combining timeless Art Deco character with generous proportions, beautiful dimensions and abundant natural light, the residence offers a relaxed waterfront lifestyle perfectly suited to owner-occupiers, downsizers, professionals or investors alike. Morning sun streams into the interiors, enhancing the warmth and livability of the home, while the spacious living and dining area flows seamlessly to a sunroom designed to make the most of the ever-changing waterfront outlook.
Thoughtfully configured for easy living, the well-appointed kitchen offers excellent storage, generous bench space and a dishwasher, while soft carpeting throughout adds comfort and warmth underfoot. Accommodation includes two well-sized bedrooms, both complete with built-in wardrobes. The spacious main bedroom provides a comfortable retreat, while the second bedroom offers flexibility for guests, a home office or additional living space.
A large separate laundry provides valuable additional storage, complemented by a secure single lock-up garage, a particularly desirable feature, with the two upstairs apartments not having garages. There is also useful storage space between the garage and laundry, while the hot water cylinder was upgraded to a new large unit in 2023 and relocated to the storage area, creating additional space within the laundry.
The property has also benefited from upgraded electrical work, heaters and lighting in 2023, providing modern functionality while retaining the charm and character of the Art Deco architecture.
Offering a level entry from the side gate, the property enjoys a wonderfully private and convenient position, with the side gate rarely used by others. There is also the added convenience of being able to park outside the side gate for removals and heavy deliveries, with this area located on Crown land. The owners also hold an additional five feet of land extending from the garage wall towards the casino, adding further appeal and flexibility to the property.
The location is second to none, just moments from the Derwent Sailing Squadron, Wrest Point Casino and the waterfront, while cafés, restaurants, shops and everyday conveniences are all close at hand. A bus stop is conveniently positioned right outside, while Salamanca, Hobart's CBD and the University of Tasmania are all within easy reach.
Despite its central location, the apartment enjoys an unexpectedly peaceful and quiet setting, sitting below road level and sheltered from much of the surrounding activity. The immediate neighbourhood is also highly regarded, with wonderful neighbours and a strong sense of community.
Now held under strata title, having previously been company title, the property offers the simplicity and security of individual title ownership. Importantly, short-stay accommodation is not permitted, with a minimum six-month rental period applying, providing reassurance for owner-occupiers and those seeking a more settled residential environment.
Offering an enviable balance of absolute waterfront living, timeless Art Deco appeal, generous dimensions, tranquillity and exceptional city convenience, this is a rare opportunity to secure a unique residence in one of Hobart's most desirable lifestyle destinations.
Heating: Electric Fireplace, Electric Panel heaters
Year built: 1937
Council rates: $3155.00 Per annum approx.
Fixed water rates: $955.40 Per annum approx.
Rental Estimate: $750 - $850 per week
Strata Fees: $5,000 Per annum with $30,000 in sinking fund.
Listing description written by Nina Schubert, Insitu Property Hobart — reproduced as published, not verified by Districts.