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Investment Property Sandringham, VIC, 3191

Suburb Snapshot

Sandringham is a suburb in the Bayside Region of Victoria. Sandringham has a population of 10,246 people and 21.93% of its occupants live in rental accommodation. The median listing price for houses is $1,850,000 and this has changed 5.71% over the past year and changed -5.13% over 2 years.

The median rent in Sandringham for houses is $995 per week and the median rental yield is 2.79%. Stock on the market for houses/townhouses has changed 59.46% compared to last year and the average time to sell a house/townhouse is 71 days.The median listing price for units is $750,000 and this has changed -16.67% over the past year. The average unit takes 125 days to sell and the median rent for a unit in Sandringham is $565 per week, producing a rental yield of 3.91%.

Supply & Demand in Sandringham, Bayside

0.58%

Current vacancy rate


32

Rental stock available


10,246

Population


21.93%

Rental population


0.78%

Current vacancy rate


385

Rental stock available


97,092

Population


20.32%

Rental population


0.93%

Current vacancy rate


28,886

Rental stock available


5,926,624

Population


24.77%

Rental population


This is information is brought to you by realestateinvestar.com.au - The online home for property investors

Statistical data for Sandringham, Bayside

  House Townhouses Units
Median listing price $1,850,000 $1,249,000 $750,000
Median price change - last quarter 2.77% 5.39% -7.06%
Median price change - 1 year 5.71% -0.08% -16.67%
Median price change - 2 years -5.13% -10.79% 15.38%
  House Townhouses Units
Median weekly rent $995 $840 $565
Median yield % 2.79% 3.49% 3.91%
Median rent change - 1 year 6.98% 5.66% 7.61%
  House Units
Previous month sales 4 7
Stock on market previous month 59 81
Stock variance vs. last year 59.46% -4.71%
Average days on market 71 125

Sandringham investment property listings

Showing 5 of 101 investment properties found in Sandringham on realestateinvestar.com.au

319/218 Bay Rd, Sandringham

$370,000

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Northern Light through a Sweeping Wall of Glass

Peacefully positioned on the third floor and oriented to the north, this one-bedroom apartment is shaped by a striking curved wall of glazing that draws natural light deep into the interior while framing leafy treetop outlooks beyond. Engineered timber floors run the length of the living domain, ...

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Unit

VIC 3191


128 Bay Rd, Sandringham

$2,400,000

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TIMELESS ESTATE WITH THE LAND FOR A LIFETIME

Love the land, live the dream, secure your future with one of Sandringham's last great family estates. A unique opportunity to acquire a significant parcel of prime Bayside land with a sweeping 18m frontage and bonus rear access, this approx 1081sqm estate offers timeless family living...and a ...

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House

VIC 3191


4A Vincent St, Sandringham

$2,150,000

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Architecture, Light and a Life by the Bay

Designed by the award-winning group Armsby Architects and brought to life by the renowned Aston Constructions, this brand-new, multi-level townhouse reimagines low-maintenance Bayside living on the cusp of Sandringham Village. Facing north with an independent garden frontage to Vincent Street, ...

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Townhouse

VIC 3191


23B Spring St, Sandringham

$2,250,000

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Quality Finishes with Leafy Park Views

A statement of style and contemporary low maintenance, this executive town residence enjoys a privileged position across from the park. Boasting interiors that sparkle with quality fixtures & finishes, it is also illuminated with natural light thanks to the glorious north-facing aspect. One of a ...

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Townhouse

VIC 3191


26/86-88 Beach Rd, Sandringham

$475,000

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50% Owners Corporation discount for 3 years

Embrace a relaxed bayside lifestyle in this contemporary apartment, where privacy, comfort and location come together just moments from the shoreline. Positioned directly opposite the oval and footsteps from beach access tracks, the home is set within an ultra-stylish boutique development, ...

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Unit

VIC 3191


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