Suburb report · TAS 7005
Sandy Bay
Prepared by the property strategists at Chase Wealth Australia
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Population
12,341
Sandy Bay suburb profile
Who lives in Sandy Bay
Sandy Bay is 2km from central Hobart, close enough to count as inner Hobart. Sandy Bay is home to 12,341 people, a scale matched by fewer than 2% of Tasmanian suburbs. Among the 65 suburbs within 40km of the Hobart CBD, it ranks 2 by population. A median age of 38 places Sandy Bay at the 27th percentile of Tasmanian suburbs, on the younger side. Against the 65 suburbs within 40km of the Hobart CBD, it is older than 20 and younger than 38.
Income and home ownership
Median household income is $123,700, in the top fifth of Tasmanian suburbs and well above the $79,500 statewide median. On household income it ranks 4 of 65 suburbs within 40km of the Hobart CBD. Ownership runs at 64.7%, with 35.3% renting, at the 27th percentile of Tasmanian suburbs. Among suburbs within 40km of the Hobart CBD, 17 have a lower share of owner-occupiers than Sandy Bay.
Household mix
The 2021 Census counted 4,735 occupied private dwellings in Sandy Bay, one of the larger housing stocks in Tasmania. Couples without children are the largest household type at 32.5%, with families with children at 30.5% and people living alone at 28%. Among suburbs within 40km of the Hobart CBD, 4 of 65 have a smaller share of families with children than Sandy Bay. Few Tasmanian suburbs have more group households: 8.8% of households, ahead of 95% of the state. At 32.5%, couples without children are more common here than in 79% of Tasmanian suburbs.
Housing supply
Approvals have surged: 29 new dwellings were approved across the Sandy Bay statistical area in the year to June 2025, against its 2020 to 2024 average of 14 a year. Supply figures here are for the Sandy Bay statistical area, home to 12,587 residents in 2025, which closely matches Sandy Bay. At 2.3 per 1,000 residents of that area, approvals run lighter than most of Tasmania, at the 36th percentile. Between 2020 and 2025 the area's approvals peaked at 29 in 2025 and bottomed at 7 in 2024.
Population trend
The population of the Sandy Bay statistical area fell 2.3% from 2020 to 2025, against 3.3% for Tasmania as a whole. The median Tasmanian statistical area grew 2.7% over the same 5 years, 5 points faster than this one. That rate is faster than 13% of Tasmanian statistical areas. The fastest single year was to 2022, at 1%, and the slowest to 2021, at -2.6%.
Against its neighbours
Of the suburbs profiled in the region listed below, Devonport differs most on the median household income: $62,800 there against $123,700 in Sandy Bay. Kingston matches Sandy Bay on the median age, at 38. Glenorchy sits 9km away, with a median household income of $70,800 against $123,700 here.
Location
Demographics
ABS Data by Region to 2025, on ABS Census 2021 suburb baselineHousehold Mix Census 2021
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Reading this report
Every figure in the Sandy Bay data table is dated at its source. Supply and population change cover the Sandy Bay statistical area, whose boundary differs from Sandy Bay's, and our guide to reading a suburb report explains how our buyers agents weigh them.
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This report is market intelligence prepared by Chase Wealth Australia for general information only. Figures are statistical estimates for the suburb, not valuations of any individual property, and do not constitute financial or credit advice. Consider your circumstances and seek professional advice before acting. Demographic figures are sourced from the Australian Bureau of Statistics, Census 2021 (licensed CC BY 4.0) where available.