Sandy Bay is a suburb of the city of Hobart, Tasmania, Australia, located immediately south of the central business district, and adjoining the suburb of Battery Point. Sandy Bay is bounded on the east by the Derwent River, and has several beaches along the shore, the main beaches with public access are Short Beach, Nutgrove Beach, Long Beach and Lords Beach. The suburb has many large homes, and is known as one of the city's prestigious areas. In the more southern areas of Sandy Bay, close to the water and also high on the slopes of Mt Nelson, are some of Tasmania's most expensive real estate. It is also the site of the Hobart campus of the University of Tasmania, and the private schools, Fahan School, The Hutchins School, and Mount Carmel College, Sandy Bay. There is considerable diversity within the suburb. The area surrounding the University of Tasmania is home to considerable student accommodation. Sandy Bay is accessible from the city via Sandy Bay Road, which runs from Davey Street in the city all the way to the Kingborough municipal boundary at Taroona where it becomes the Channel Highway. Before the construction of the Southern Outlet, the road was the primary route to and from Kingston. The higher parts of Sandy Bay are accessible via Regent Street, which bypasses the main shopping district and goes through the University to Churchill Avenue and Lower Sandy Bay. Australia's first legal casino, Wrest Point Hotel Casino, was opened in 1973 at the site of the former Wrest Point Riviera hotel. History Most of the land at Sandy Bay was granted to Norfolk Islanders when the colonial authorities forced them to relocate to Van Diemen's Land in 1808. The suburb's long sandy beach was one of the first venues for horseracing in Tasmania's early days. The tides had to be considered when scheduling the races to ensure there was sufficient space available. The races attracted large crowds and there was a lot of rash betting, loud shouting and uninhibited consumption of refreshments. The Queenborough Road Trust was initiated in 1861. The Trust was created under the Cross and Bye Roads Act 1852 (15 Vict No.8.), proposed on 24 Nov 1860, and held its first meeting on 22 Jan 1861. Its purpose was to construct, maintain and regulate cross and bye roads in the Queenborough Road District. The Browns River Road District was proclaimed