Sandy Bay TAS Property Investment
Hobart · 7005 · Score: 69/100 · Buy
Sandy Bay Short-Term Rental (Airbnb) Market
Estimated revenue assumes year-round availability. Non-hosted short-stays are night-capped in some councils (e.g. 60 nights across most of Byron Shire, 180 in Ballina, Muswellbrook and parts of Greater Sydney) and levied in Victoria — the legal cap can cut achievable income well below this figure. Run STR Check for the rules on a specific address.
Sandy Bay TAS Investment Brief
BUY — 3.2% gross yield on a $1,286,716 (single source — OnTheHouse only, no peer to validate) median.
THE MARKET
Sandy Bay has compounded at 6.0%/yr over 5 years. Median sits in the $1,286,716 (single source — OnTheHouse only, no peer to validate) band today. Properties are sitting on market for 96 days (buyers have negotiating room).
- Median house: $1,286,716 (single source — OnTheHouse only, no peer to validate) | Units: $697,794
- Gross yield: 3.2% | Net yield: 1.7%
- 5yr price CAGR: 6.0%/yr | 3yr forecast: 0.3%/yr
- Population: 12,315 | Owner-occupier rate: 62% | Affluence: Very High
- Supply pipeline: Moderate — Development activity consistent with long-term averages
RENTAL SNAPSHOT
- Vacancy: 1.6% (stable) | Rental demand: High
- Median weekly rent: $800/wk | Days on market: 96 (worsening)
- Landlord market — rents likely to keep rising.
SHORT-TERM RENTAL
Insufficient STR data for this suburb. Run a specific address analysis for property-level STR projections.
INFRASTRUCTURE & CATALYSTS
- Macquarie Street Bridge Upgrade (completed)
- Sandy Bay High School Redevelopment (completed)
- Transport: Glenorchy station 8.7km away
BULL CASE
If Sandy Bay maintains 3%+ annual growth and vacancy stays below 1.1%, median prices could reach $1,479,723 within 3 years with yields compressing slightly as capital values rise.
BEAR CASE
A market correction or interest rate shock could see prices in Sandy Bay pull back 10-15% from $1,286,716, with vacancy rising to 2.9% and rental yields softening as tenants gain leverage.
KEY RISKS
- No significant risk factors identified for this suburb
COMPARABLE MARKETS
- Granton (TAS): $904,458 median, 4.0% yield, -3.1% 1yr growth
- Rosny (TAS): $1,019,146 median, 3.7% yield, 12.2% 1yr growth
- Glebe (TAS): $1,081,624 median, 3.6% yield, 2.5% 1yr growth
THE PLAY
Sandy Bay presents a compelling investment opportunity. The combination of solid fundamentals and high rental demand supports entry at current price levels. Proceed with due diligence on specific properties. Target gross yields above 3.2% and prioritise properties with value-add potential. Consider timing entry around the current above_trend phase of the market cycle.
- Entry range: $1,158,044 – $1,415,388
- Minimum gross yield to target: 4.5%
- Watch signal: vacancy staying below 2% and days on market falling below 35
This analysis is for informational purposes only and does not constitute financial, legal, or investment advice. Seek professional advice before making investment decisions.
Gentrification Index
Growth Forecast
low confidenceBasis: 5yr CAGR 6.0% + 10yr CAGR 5.1%
- +Low rental vacancy (1.6%) — constrained supply
- −Slow market (96 days avg) — buyer hesitancy
- −High supply pipeline (841 new approvals) — may cap price growth
Suburb Metric Thresholds
Macro Environment
Macro Indicators
Cash Rate
4.35%
▲ 0.25%Cash rate as at 2026-05-06 · Credit data 2026-06
Suburb Supply & Demand
Suburb Supply Pipeline — New Dwelling Approvals
178
2020
218
2021
214
2022
110
2023
121
2025
New dwelling approvals — higher numbers mean more future supply
Socio-Economic Profile
Source: ABS Census 2021SEIFA Index · Postcode 7005
Decile 8 of 10 — Low disadvantage
Population
13,947
Education (IEO)
10/10
Econ. Resources (IER)
4/10
10-Year Investment Projection
Modelled on Sandy Bay TAS data — rent, capital growth, tax, and depreciation over 10 years.
Pre-filled: $800/wk median rent for Sandy Bay. Capital growth and rent increase are editable assumptions.
Schools
In your catchment
These are the government-school zones containing this suburb centroid. Specific addresses within the suburb may fall in different catchments — confirm with the school directly.
Nearby Suburbs
Analyse a Property in Sandy Bay
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Analyse a Property →Data sourced from ABS, state government property sales, and Airbnb market analytics. For informational purposes only — not financial advice.