Market snapshot

Suburb insights for Sandringham3191

Change suburb

Sandringham 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

AddressBedroomsPriceTypeMethodSale DateAgentListing
3A Cowper St, Sandringham2PriceHouse (Res)Passed in at Auction20/07/2024Hodges
3/58 Station St, Sandringham1PriceApartmentPrivate Sale5/07/2024Hodges

Sales data

Median sale price
$2.1mil
Quarterly price change
-10.3%
Metro Melbourne Comparison
$912k
-1.5%
BedroomsSandringhamMetro comparison
2-$902,500
3$1,890,000$810,000
4$2,323,000$955,000
InsightSandringhamMetro comparison
Clearance rate73.9%73.8%
Days on market54.542

Rental data

Median weekly rent
$945
Rental yield
2.3%
Metro Melbourne Comparison
$560
3.2%
BedroomsSandringhamMetro comparison
2-$550
3$890$540
4-$580
Median data for the current quarter
Find a REIV member

Find a REIV member

Real estate professionals in your area with the right skills, the best knowledge and proven expertise.