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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 3 of 3 investment properties found in Sandringham on realestateinvestar.com.au

214/248-250 Bay Rd, Sandringham

$749,000

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Bayside living in a north-facing 2-bedroom apartment with Heathl

Apartment 214 at Sanctuary Sandringham is designed for those who want light-filled coastal living close to the beach. This north-facing, corner, 2-bedroom residence offers 88 sqm of internal space with a generous open-plan kitchen, living and dining area that opens to a balcony with leafy views ...

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Unit

VIC 3191


402/248-250 Bay Rd, Sandringham

$815,000

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2 Bedroom Sanctuary View Apartment with Ensuite at Sanctuary San

Sanctuary Sandringham apartment 402 offers a smart 2-bedroom floor plan with 74 sqm of internal space, designed for easy bayside living. The open plan kitchen, living and dining area flows to a balcony with calming views across Heathland Sanctuary, creating the perfect setting for morning coffee ...

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Unit

VIC 3191


12B Green Pde, Sandringham

$1,800,000

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Luxury & Low Maintenance in One

Appreciate the appeal of a luxurious low maintenance lifestyle thanks to the stunning interiors of this executive residence. Designed to offer space for families, it triumphs with a heated pool for the summer. Beyond a landscaped front garden, chic oak flooring and luxe plantation shutters enhance ...

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Townhouse

VIC 3191


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