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Sales Activity
Curious about local property values? Filter the chart to assess the volume and appreciation (including resales) trends and regional comparisons, or scroll to the map below view this information at an individual property level.
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Sales Detail
Population
Sandy Bay has seen population growth performance typically on par with national averages when looking at short and medium term trends
Sandy Bay's population was approximately 12,633 as of November 2025. This figure represents an increase of 307 people since the 2021 Census, which recorded a population of 12,326. The growth is inferred from ABS data showing an estimated resident population of 12,605 in June 2024 and 28 validated new addresses after the Census date. This results in a population density ratio of 1,817 persons per square kilometer, higher than the average across national locations assessed by AreaSearch. Sandy Bay's growth rate of 2.5% since the 2021 Census surpassed the SA3 area's growth rate of 2.3%. Overseas migration was the primary driver of population growth in recent periods.
AreaSearch uses ABS/Geoscience Australia projections for each SA2 area, released in 2024 with a base year of 2022. For areas not covered by this data and post-2032 growth estimates by age group, Tasmania State Government's Regional/LGA projections are adopted with adjustments made using weighted aggregation methods from LGA to SA2 levels. Based on projected demographic shifts, Sandy Bay is expected to increase by approximately 1,641 persons to 2041, representing a total increase of about 12.8% over the 17-year period.
Frequently Asked Questions - Population
Development
The level of residential development activity in Sandy Bay is very low in comparison to the average area assessed nationally by AreaSearch
Sandy Bay has granted around 15 residential property approvals per year over the past five financial years, totalling 79 homes. As of FY26, 9 approvals have been recorded. The area's population decline suggests that new supply has likely met demand, offering buyers good choice while developers target premium market segment with higher-end properties at an average construction cost value of $359,000. This financial year, $6.4 million in commercial approvals have been registered, reflecting Sandy Bay's primarily residential nature.
Compared to Greater Hobart, Sandy Bay records significantly lower building activity (55.0% below regional average per person), which typically reinforces demand and pricing for existing dwellings. This is also below national average, indicating the area's maturity and possible planning constraints. New building activity comprises 92.0% standalone homes and 8.0% townhouses or apartments, maintaining Sandy Bay's traditional suburban character focused on family homes appealing to those seeking space. The location has approximately 1114 people per dwelling approval, demonstrating an established market with population forecasts indicating a gain of 1,613 residents by 2041. At current development rates, housing supply may struggle to match population growth, potentially heightening buyer competition and supporting price increases.
Population forecasts indicate Sandy Bay will gain 1,613 residents through to 2041. At current development rates, housing supply may struggle to match population growth, potentially heightening buyer competition and supporting price increases.
Frequently Asked Questions - Development
Infrastructure
Sandy Bay has limited levels of nearby infrastructure activity, ranking in the 7thth percentile nationally
Changes to local infrastructure significantly impact an area's performance. AreaSearch has identified 13 projects likely to affect the area. Key projects include Queenborough Oval Redevelopment, Sandy Bay Ferry Terminal, Fragrance Group Conservatorium Development, and Grace Residences. The following list details those most relevant:.
Professional plan users can use the search below to filter and access additional projects.
INFRASTRUCTURE SEARCH
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Frequently Asked Questions - Infrastructure
Greater Hobart Urban Growth Boundary Extension
Tasmanian Government initiative to extend the Greater Hobart urban growth boundary by 615 hectares across Brighton, Clarence, Glenorchy, Hobart, Kingborough and Sorell local government areas. Enables release of land for approximately 10,000 new homes over the next 15-20 years to address acute housing supply shortage. Approved by Parliament in November 2024 via the Land Use Planning and Approvals Amendment (Major Projects) Act 2024.
Hobart City Deal
A 10-year partnership (2019-2029) between the Australian and Tasmanian Governments and the Clarence, Glenorchy, Hobart and Kingborough councils to deliver coordinated investments across Greater Hobart, including major transport upgrades such as the New Bridgewater Bridge, activation of the Northern Suburbs Transit Corridor, airport border services, Antarctic and science precinct initiatives, housing and urban renewal, and smart city programs.
Macquarie Wharf Redevelopment (Hobart Port Precinct Capacity Improvements)
TasPorts is progressing a staged redevelopment of Hobart's Macquarie Wharves to increase capacity and modernise critical port infrastructure that supports Antarctic research, cruise, trade and logistics. Stage 1 will demolish and rebuild Macquarie Wharf 6 with new fit-for-purpose wharf structure, shore power and priority berthing for RSV Nuyina. Subsequent stages will upgrade Macquarie Wharves 4 and 5 to further grow tourism and trade.
Richardsons Road Residential Development, Sandford
A proposed masterplan to rezone 73 hectares of land to create new housing options in Sandford, integrating community recreation opportunities and environmental protections. Approximately 35 hectares will be dedicated as public open space, including mountain bike tracks, picnic areas, and protection of the Lauderdale Saltmarsh. The development is designed to accommodate future sea level rises and has considered existing infrastructure capacity for water, sewerage, and road networks.
Southern Outlet Transit Lane
Part of Hobart City Deal southern projects to improve public transport access. Will work with Macquarie Street and Davey Street Bus Improvements and express bus services to improve transport from southern suburbs to CBD.
Queenborough Oval Redevelopment
A $3.8 million upgrade of Queenborough Oval in Sandy Bay to modernise community sport facilities. Scope includes new changerooms with a rooftop viewing terrace, medical room, accessible ramp and walkway, stairwell, lift, umpire facilities, multi-purpose space and unisex public toilets. Works commenced in November 2024 with funding from the Tasmanian Government ($2m) and City of Hobart ($1.8m).
University of Tasmania Sandy Bay Campus Redevelopment
The University of Tasmania is redeveloping its Sandy Bay campus, including relocating parts to the Hobart CBD as part of the Southern Infrastructure Strategy. The project involves new teaching and research facilities, student accommodation, sports facilities, and a science and technology precinct with state-of-the-art research and teaching spaces. Additionally, over 20 hectares above Churchill Avenue are proposed for residential rezoning.
Fragrance Group Conservatorium Development
Redevelopment of former ABC/Conservatorium of Music building into 75 serviced apartments with ground floor cafe. Singapore-based Fragrance Group development approved by Hobart City Council in April 2025, preserving heritage mosaic by George Davis.
Employment
AreaSearch analysis reveals Sandy Bay significantly outperforming the majority of regions assessed nationwide
Sandy Bay has a highly educated workforce with essential services sectors well represented. Its unemployment rate is 1.4% as of June 2025.
There are 6,985 residents employed while the unemployment rate is 2.7% lower than Greater Hobart's rate of 4.1%. Workforce participation is at par with Greater Hobart's 61.6%. Key industries include health care & social assistance, education & training, and accommodation & food. Notably, employment in accommodation & food is at 1.6 times the regional average.
Conversely, construction shows lower representation at 4.2% compared to the regional average of 8.7%. Many residents commute elsewhere for work based on Census data. Between June 2024 and June 2025, Sandy Bay's labour force decreased by 1.6%, with employment declining by 1.7%, keeping unemployment broadly flat. Greater Hobart saw an employment decline of 1.5% and a labour force decline of 1.6%, with unemployment falling by 0.2 percentage points. Jobs and Skills Australia forecasts national employment growth at 6.6% over five years and 13.7% over ten years, with varying rates across industries. Applying these projections to Sandy Bay's employment mix suggests local growth of approximately 6.9% over five years and 14.2% over ten years.
Frequently Asked Questions - Employment
Income
Income levels align closely with national averages, indicating typical economic conditions for Australian communities according to AreaSearch analysis
AreaSearch aggregated the latest postcode-level ATO data released for financial year 2022. Sandy Bay had a median income among taxpayers of $48,701 and an average level of $90,459. Nationally, these figures are extremely high compared to Greater Hobart's median of $51,272 and average of $63,777. Based on Wage Price Index growth of 13.83% since financial year 2022, estimated incomes as of September 2025 would be approximately $55,436 (median) and $102,969 (average). According to the 2021 Census, household, family, and personal incomes in Sandy Bay cluster around the 62nd percentile nationally. Income distribution shows that 30.0% of the population, equivalent to 3,789 individuals, fall within the $1,500 - $2,999 income range, similar to regional patterns where 32.2% occupy this range. After housing expenses, 86.5% of income remains for other expenses. The area's SEIFA income ranking places it in the 8th decile.
Frequently Asked Questions - Income
Housing
Sandy Bay displays a diverse mix of dwelling types, with above-average rates of outright home ownership
Sandy Bay's dwellings, as per the latest Census, consisted of 68.8% houses and 31.2% other dwellings (semi-detached, apartments, 'other' dwellings). This compares to Hobart metro's 69.2% houses and 30.9% other dwellings. Home ownership in Sandy Bay stood at 42.8%, with mortgaged dwellings at 22.1% and rented ones at 35.1%. The median monthly mortgage repayment was $2,167, higher than Hobart metro's $1,800. The median weekly rent was $419, compared to Hobart metro's $390. Nationally, Sandy Bay's mortgage repayments were significantly higher at $2,167 versus the Australian average of $1,863. Rents in Sandy Bay were substantially above the national figure of $375 at $419.
Frequently Asked Questions - Housing
Household Composition
Sandy Bay features high concentrations of group households, with a higher-than-average median household size
Family households constitute 63.1% of all households, including 23.4% couples with children, 32.6% couples without children, and 5.9% single parent families. Non-family households account for the remaining 36.9%, with lone person households at 28.1% and group households comprising 8.8%. The median household size is 2.4 people, which is larger than the Greater Hobart average of 2.3.
Frequently Asked Questions - Households
Local Schools & Education
Sandy Bay shows strong educational performance, ranking in the upper quartile nationally when assessed across multiple qualification and achievement indicators
Sandy Bay's educational attainment is notably higher than broader averages. Among residents aged 15+, 58.5% hold university qualifications, surpassing Tasmania's 25.5% and Australia's 30.4%. Bachelor degrees are the most common at 31.9%, followed by postgraduate qualifications (22.2%) and graduate diplomas (4.4%). Vocational pathways account for 17.5%, with advanced diplomas at 9.2% and certificates at 8.3%.
Educational participation is high, with 32.4% of residents currently enrolled in formal education, including 12.4% in tertiary, 6.9% in primary, and 6.3% pursuing secondary education. Sandy Bay has a robust network of schools, comprising six institutions educating approximately 2,775 students. These schools demonstrate significant socio-educational advantages and academic achievement (ICSEA: 1128), with three primary and three K-12 schools in the mix.
Frequently Asked Questions - Education
Schools Detail
Nearby Services & Amenities
Transport
Transport servicing is high compared to other areas nationally based on assessment of service frequency, route connectivity and accessibility
Sandy Bay has 81 active public transport stops, all of which are bus stops. These stops are served by 99 different routes that together facilitate 13,498 weekly passenger trips. The area's transport accessibility is rated as excellent, with residents on average located 162 meters from the nearest transport stop.
On a daily basis, there are an average of 1,928 trips across all routes, which equates to approximately 166 weekly trips per individual stop.
Frequently Asked Questions - Transport
Transport Stops Detail
Health
Sandy Bay's residents are extremely healthy with both young and old age cohorts seeing low prevalence of common health conditions
Analysis shows Sandy Bay's health metrics are robust, with both young and elderly experiencing low rates of common conditions. Private health cover stands at 67%, compared to Greater Hobart's 58.9% and Australia's average of 55.3%. Arthritis and mental health issues are most prevalent, affecting 7.8% and 6.5% respectively; 73.0% report no medical ailments, higher than Greater Hobart's 69.8%.
Sandy Bay has 22.4% residents aged 65+, compared to Greater Hobart's 18.8%. Seniors' health outcomes excel even beyond the general population.
Frequently Asked Questions - Health
Cultural Diversity
Sandy Bay is among the most culturally diverse areas in the country based on AreaSearch assessment of a range of language and cultural background related metrics
Sandy Bay has a high level of cultural diversity, with 28.3% of its population speaking a language other than English at home and 37.3% born overseas. Christianity is the main religion in Sandy Bay, comprising 37.4% of the population. Judaism is overrepresented in Sandy Bay compared to Greater Hobart, making up 0.3% versus 0.2%.
The top three ancestry groups are English (27.7%), Australian (20.5%), and Chinese (11.0%). Korean (0.6%) and Greek (1.6%) are notably overrepresented in Sandy Bay compared to the regional averages of 0.4% and 1.0%, respectively, while Polish is similarly represented at 0.8%.
Frequently Asked Questions - Diversity
Age
Sandy Bay's population is slightly older than the national pattern
Sandy Bay has a median age of 38, nearly matching Greater Hobart's figure of 39 and Australia's median age of 38. Compared to the Greater Hobart average, individuals aged 25-34 are over-represented in Sandy Bay at 19.3%, while those aged 5-14 are under-represented at 8.4%. Between 2021 and present, the population aged 15-24 has grown from 12.7% to 14.5%, while the 35-44 age group increased from 10.9% to 12.0%. Conversely, the 45-54 cohort decreased from 10.5% to 9.4%. By 2041, demographic modeling suggests significant changes in Sandy Bay's age profile. The 45-54 age group is projected to grow by 701 people (59%), from 1,190 to 1,892. Conversely, both the 25-34 and 35-44 age groups are expected to decrease in numbers.