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Median values are calculated based on data over a 12 month period.
Data is provided by CoreLogic. CoreLogic is a leading provider of consumer, financial and property information, analytics and services to business and government. About this data
Median values are calculated based on data over a 12 month period.
Data is provided by CoreLogic. CoreLogic is a leading provider of consumer, financial and property information, analytics and services to business and government. About this data
Market Report
In Sandy Bay, the median property price for a house is currently 1,267,500 with annual capital growth of -3.24 . There were 118 house sales in the past 12 months. On average, houses spend 35 days on market.
If you're thinking about buying an investment property in Sandy Bay, consider that rental yields for houses are currently 2.86 with an average median rent of 620 weekly. Houses have seen 1.40 growth in the past quarter, and -3.24 growth in the past 12 months.
The size of Sandy Bay is approximately 6.9 square kilometres. It has 14 parks covering nearly 23% of total area. The population of Sandy Bay in 2011 was 11,156 people. By 2016 the population was 11,925 showing a population growth of 6.9% 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 2011, 63.1% of the homes in Sandy Bay were owner-occupied compared with 61.5% in 2016.
In Sandy Bay, the median property price for a unit is currently 700,000 with annual capital growth of -7.59 . There were 89 unit sales in the past 12 months. On average, units spend 37 days on market.
If you're thinking about buying an investment property in Sandy Bay, consider that rental yields for units are currently 3.81 with an average median rent of 500 weekly. Units have seen -2.10 growth in the past quarter, and -7.59 growth in the past 12 months.
The size of Sandy Bay is approximately 6.9 square kilometres. It has 14 parks covering nearly 23% of total area. The population of Sandy Bay in 2011 was 11,156 people. By 2016 the population was 11,925 showing a population growth of 6.9% 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 2011, 63.1% of the homes in Sandy Bay were owner-occupied compared with 61.5% in 2016.
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| Key Market Data | House | Unit |
| Median price | 1,267,500 | 700,000 |
| Quarterly growth | +1.40 | -2.10 |
| 12-month growth | -3.24 | -7.59 |
| Average annual growth | +7.09 | +4.19 |
| Weekly median rent | 620 | 500 |
| Gross rental yield | 2.86 | 3.81 |
| Number of Sales (12m) | 118 | 89 |
| Avg. Days on Market (12m) | 35 | 37 |
| Key Demographics | 2011 | 2016 |
| Total population | 11,156 | 11,925 |
| Population change (5y) | -1.57 | +6.90 |
| Median household income (p/w) | 1,283 | 1,472 |
| Household income change (5y) | +14.55 | +14.73 |
| Median age of persons | 40 | 40 |
Demographic Trends
Better understand demographic trends by reviewing the latest suburb demographic data below.
The population of Sandy Bay was 11,925 in 2016, a +6.90 change compared to 2011.
The predominant age group in Sandy Bay is 20-29 years.
The population of Sandy Bay was 11,925 in 2016, a +6.90 change compared to 2011.
The predominant age group in Sandy Bay is 20-29 years.
Most of the population in Sandy Bay were born in Australia.
Most of the population in Sandy Bay were born in Australia.
Most of the population in Sandy Bay report their religion as No Religion.
Most of the population in Sandy Bay report their religion as No Religion.
Most of the population in Sandy Bay report their income range as between 78,000 and 130,000 .
The median household income in Sandy Bay was 1,472 in 2016, a +14.73 change compared to 2011.
Most of the population in Sandy Bay report their income range as between 78,000 and 130,000 .
The median household income in Sandy Bay was 1,283 in 2011, a +14.55 change compared to 2006.
Most of the population in Sandy Bay work as Professional.
Most of the population in Sandy Bay work as Professional.
The chart below demonstrates the various levels of education in Sandy Bay.
The chart below demonstrates the various levels of education in Sandy Bay.
Most of the population in Sandy Bay reached a qualification level of Bachelor.
Most of the population in Sandy Bay reached a qualification level of Bachelor.
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