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Back 10/7 Derwentwater Avenue
Off Market

10/7 Derwentwater Avenue

Sandy Bay TAS 7005

2
1
1
60 m²
282 m²
Unit
Last sold for $605,000
Barry WheelerBarry Wheeler, last sold this property on 13 May 2026 after 64 days on market.

Overview

Sandy Bay Position with Immediate Investment Appeal

Think it. Set in one of Sandy Bay's most tightly held pockets, this solid brick unit offers a rare opportunity to secure a low-maintenance property just moments from the waterfront, the University of Tasmania and the vibrant Sandy Bay shopping precinct. Positioned privately within a small complex, it delivers the lifestyle buyers are seeking in a location that continues to show strong long-term demand. Know it. Inside, the home offers a practical and comfortable layout with a light-filled living area capturing leafy street outlooks through a large bay window. The kitchen is neat and functional with ample storage and bench space, while two well-proportioned bedrooms are serviced by a central bathroom incorporating laundry facilities. Outside, a generous paved courtyard provides valuable outdoor space rarely found in similar units, along with convenient off-street parking. The property is currently tenanted on a non-fixed lease at $440 per week, offering flexibility for both investors seeking immediate rental income or buyers looking to occupy in the future. Own it. Whether you are looking to enter the Sandy Bay market, secure a smart investment close to the university, or add value over time, this property represents an opportunity in a location where demand consistently outpaces supply. With its solid construction, private outdoor space and unbeatable proximity to the water, shops and cafés, this is a property that will always be in demand. *Please note - some images have been digitally staged with furniture for illustrative purposes only and may not accurately represent the scale or dimensions of the rooms. Un-staged images of the property are available on request.

Features

2 bedrooms
1 bathroom
1 carspace
1 carport space
60 m² floor area
282 m² lot size
Unit

Estimated Value

Based on this property and similar 2 bedroom units sold in Sandy Bay over the last 12 months, the estimated median property value of 10/7 Derwentwater Avenue is $605k.

Median value
$605k
Estimated value range
$455k - $750k
Median days on market
39
Estimated value trend
-2%
decrease over the last 12 months
Average days on market is based on recent, comparable sales in Sandy Bay. It is only an indication of the time a property is actively listed and should not be relied upon as an accurate representation of how soon a property will be sold.

Property history for 10/7 Derwentwater Avenue

2026
Sold
$605,000
13 May 2026 by Barry Wheeler, of PRD Hobart
2023
Rented
Undisclosed
Leased on 10 Jan 2023 by PRD Hobart
2020
Sold
$455,000
Private Sale/Treaty on 09 Mar 2020 by Martin Waldhoff, of PRD Hobart

Happy sellers in Sandy Bay

79%
79% of sellers in Sandy Bay reported that their sale price either exceeded or met their price expectations.

Sandy Bay stands out for consistently delivering exceptional satisfaction and strong market results for homeowners.

This is based on voluntary sentiment collected from 36 reviews in Sandy Bay over the last 12 months.

Local market activity for 2 bedroom units in Sandy Bay

In the last 12 months, 16 two-bedroom units similar to 10/7 Derwentwater Avenue, have been sold.

This represents a 20% increase in two-bedroom units sales when compared to the previous 12 months.

Nearby agents

Compare and contact these top performing agents who’ve delivered exception customer service for their clients in Sandy Bay

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Phoebe Nothling

Sellers who recommend Phoebe Nothling have praised them for being clear communication, local expert, friendly, responsive, supportive, honest and pleasant

  •   4.9   (164 reviews)
  •  9 Reviews in Sandy Bay
  •  12 Sales in Sandy Bay
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Rob Henry

Rob Henry is a recommended agent for Sandy Bay.  They have 12 local sales and collected 7 local reviews across the last 12 months.

  •   4.9   (71 reviews)
  •  7 Reviews in Sandy Bay
  •  12 Sales in Sandy Bay
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Georgie Rayner

Georgie Rayner is a recommended agent for Sandy Bay.  They have 5 local sales and collected 5 local reviews across the last 12 months.

  •   4.9   (50 reviews)
  •  5 Reviews in Sandy Bay
  •  5 Sales in Sandy Bay
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Harry Coomer

Sellers who recommend Harry Coomer have praised them for being clear communication, local expert, responsive, supportive, honest, friendly and reliable

  •   4.9   (1086 reviews)
  •  5 Reviews in Sandy Bay
  •  4 Sales in Sandy Bay
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