Market snapshot
Suburb insights for Sandringham3191
Change suburbSandringham is located 16 km south of the CBD. Sandringham is a bayside suburb located in melbourne's south-east. The suburb is primarily residential with open reserves lining the foreshore in the west. The City of Bayside municipal offices are located in Sandringham. The suburb also features a commercial district around the Sandringham railway terminus as well as a major Boat Harbour and Marina and health care facilities such as the Sandringham & District Memorial Hospital and the Fairway Nursing Home.
Recent sales and auction results in Sandringham
| Address | Bedrooms | Price | Type | Method | Sale Date | Agent | Listing |
|---|---|---|---|---|---|---|---|
| 3A Cowper St, Sandringham | 2 |  | House (Res) | Passed in at Auction | 20/07/2024 | Hodges | |
| 3/58 Station St, Sandringham | 1 | | Apartment | Private Sale | 5/07/2024 | Hodges |
Sales data
Median sale price
$2.1mil
Quarterly price change
-10.3%
Metro Melbourne Comparison
$912k
-1.5%
| Bedrooms | Sandringham | Metro comparison |
|---|---|---|
| 2 | - | $902,500 |
| 3 | $1,890,000 | $810,000 |
| 4 | $2,323,000 | $955,000 |
| Insight | Sandringham | Metro comparison |
|---|---|---|
| Clearance rate | 73.9% | 73.8% |
| Days on market | 54.5 | 42 |
Rental data
Median weekly rent
$945
Rental yield
2.3%
Metro Melbourne Comparison
$560
3.2%
| Bedrooms | Sandringham | Metro comparison |
|---|---|---|
| 2 | - | $550 |
| 3 | $890 | $540 |
| 4 | - | $580 |
Find a REIV member
Real estate professionals in your area with the right skills, the best knowledge and proven expertise.