Sandringham VIC 3191

Here you can find what you need to know about Sandringham, VIC, including house prices in the area, median values, annual growth, recent sale prices, maps, a suburb profile and much more.

Suburb Insights
for Houses in last 12 months

At a Glance

$1.8m Median Sale Price (National Average $485k) 22nd In VIC
-4.09% Median Price Change (1 yr) (National Average 4.30%) 2529th In VIC
$820pw Median Rent (National Average $395) 14th In VIC
2.4% Median Gross Yield (National Average 4.24%) 558th In VIC
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Properties sold 97
Average discounting -5.75%
Average Days on Market 49
Stock on Market 16 for sale

Investment Strategy Scores

See how this property rates against different investment strategies. Learn more

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How we calculate the suburb Cash Flow Score

The suburb Cash Flow Score is simply the average of all the individual Cash Flow Scores for each property in that suburb.

A higher score indicates the suburb is more likely to contain properties that deliver an above average gross yield.

Sandringham, VIC National
Median
Gross Yield

Investor Scores are computer generated and should not be regarded as personal or general advice about investing in residential property. They should not be relied on as such — persons seeking to buy or sell residential property should always seek appropriate professional advice. The methodology used to develop the Scores depends on the availability of property data and also depends on certain assumptions and estimates.
How we calculate the suburb Capital Growth Score

The suburb Capital Growth Score is simply the average of all the individual Capital Growth Scores for each property in that suburb.

A higher score indicates the suburb has recently experienced significant capital growth and the short term outlook for further growth is likely to be good given strong market health indicators.

Sandringham, VIC National
Change in Median
Price (1 yr)
Average Days
on Market
Average Vendor
Discounting

Investor Scores are computer generated and should not be regarded as personal or general advice about investing in residential property. They should not be relied on as such — persons seeking to buy or sell residential property should always seek appropriate professional advice. The methodology used to develop the Scores depends on the availability of property data and also depends on certain assumptions and estimates.
How we calculate the suburb Lower Risk Score

The suburb Lower Risk Score is simply the average of all the individual Lower Risk Scores for each property in that suburb.

A higher score indicates the suburb has increased in value over a longer period so is less likely to only be due to recent market forces. It is also likely to contain properties that command higher rent than average and therefore attract higher income tenants. Furthermore, properties in this suburb are likely to be easier to sell in the future due to strong market health indicators.

Sandringham, VIC National
Average Days
on Market
Change in Median Price
(5 yr)
Average Vendor
Discounting

Investor Scores are computer generated and should not be regarded as personal or general advice about investing in residential property. They should not be relied on as such — persons seeking to buy or sell residential property should always seek appropriate professional advice. The methodology used to develop the Scores depends on the availability of property data and also depends on certain assumptions and estimates.

Development Permits for Houses

Building permits are provided for council approved development applications. Where the available permits contain the type of development, date of submission, the date of approval, estimated build cost, estimated development area, builder and materials listed.

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Property Prices in Sandringham


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State Auction Clearance Rates - April 2019

Auctions Clearance rate
VIC 48 59%
ACT 35 44%
NSW 213 57%
NT 11 0%
QLD 22 38%
SA 42 17%
WA 18 25%

Local Schools


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Suburb Information

Sandringham, VIC 3191

Part of: Bayside Council No data available

The size of Sandringham is approximately 3.7 square kilometres. It has 13 parks covering nearly 11.4% of total area. The population of Sandringham in 2011 was 9,309 people. By 2016 the population was 10,234 showing a population growth of 9.9% in the area during that time. The predominant age group in Sandringham is 40-49 years. Households in Sandringham are primarily couples with children and are likely to be repaying over $4000 per month on mortgage repayments. In general, people in Sandringham work in a professional occupation. In 2011, 74.7% of the homes in Sandringham were owner-occupied compared with 71% in 2016. (source: Australian Bureau of Statistics)

View all properties for sale in Sandringham

Demographic data provided
by Australian Bureau of Statistics


Market Trends for Sandringham   for Houses in last 12 months


There have been 92 Houses sold in Sandringham in the past 12 months with a median sale price of $1.8M, up -5.26% annually. It takes on average 46 days to sell with vendor discounting of -6.81%.

Streets in Sandringham


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Highett VIC, 3190 -5.95% $1,225,000 $550pw 2.3% View Suburb Profile
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