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 |
|---|---|---|---|---|---|---|---|
| 333/222 Bay Rd, Sandringham | 1 |  | Apartment | Private Sale | 6/12/2024 | Buxton | |
| 2/19 Minnie St, Sandringham |  | House (Res) | Sold Before Auction | 17/12/2024 | Buxton | View |
Sales data
Median sale price
$2.5mil
Quarterly price change
18.6%
Metro Melbourne Comparison
$916k
0.1%
| Bedrooms | Sandringham | Metro comparison |
|---|---|---|
| 2 | - | $902,000 |
| 3 | $1,913,500 | $807,500 |
| 4 | $2,323,000 | $950,000 |
| Insight | Sandringham | Metro comparison |
|---|---|---|
| Clearance rate | 66.7% | 73.3% |
| Days on market | 52.5 | 42 |
Rental data
Median weekly rent
$1,000
Rental yield
2.3%
Metro Melbourne Comparison
$575
3.3%
| Bedrooms | Sandringham | Metro comparison |
|---|---|---|
| 2 | - | $560 |
| 3 | $890 | $550 |
| 4 | $1,375 | $595 |
Find a REIV member
Real estate professionals in your area with the right skills, the best knowledge and proven expertise.