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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 -6.57% over 2 years.

The median rent in Sandringham for houses is $1,050 per week and the median rental yield is 2.95%. Stock on the market for houses/townhouses has changed 27.66% compared to last year and the average time to sell a house/townhouse is 79 days.The median listing price for units is $790,000 and this has changed -11.24% over the past year. The average unit takes 119 days to sell and the median rent for a unit in Sandringham is $565 per week, producing a rental yield of 3.71%.

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


388

Rental stock available


97,092

Population


20.32%

Rental population


0.94%

Current vacancy rate


29,256

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 $1,259,500 $790,000
Median price change - last quarter 2.77% 5.39% -7.06%
Median price change - 1 year 5.71% -2.56% -11.24%
Median price change - 2 years -6.57% -10.04% 34.46%
  House Townhouses Units
Median weekly rent $1,050 $840 $565
Median yield % 2.95% 3.46% 3.71%
Median rent change - 1 year 5.52% 1.81% 7.61%
  House Units
Previous month sales 13 11
Stock on market previous month 60 83
Stock variance vs. last year 27.66% -1.19%
Average days on market 79 119

Sandringham investment property listings

Showing 4 of 4 investment properties found in Sandringham on realestateinvestar.com.au

10 Neptune St, SANDRINGHAM

$1,400,000

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VIC 3191


5 Keats St, SANDRINGHAM

$4,590,000

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VIC 3191


36 Kenneth St, SANDRINGHAM

$1,750,000

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VIC 3191


5/6 Fernhill Rd, SANDRINGHAM

$1,200,000

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VIC 3191


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