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.
Sales data
Median sale price
$2.1mil
Quarterly price change
-9.2%
Metro Melbourne Comparison
$895k
-2.1%
| Bedrooms | Sandringham | Metro comparison |
|---|---|---|
| 2 | - | $888,000 |
| 3 | $1,920,000 | $807,000 |
| 4 | $2,485,000 | $950,000 |
| Insight | Sandringham | Metro comparison |
|---|---|---|
| Clearance rate | 80.6% | 72.6% |
| Days on market | 50 | 43 |
Rental data
Median weekly rent
$1,123
Rental yield
2.7%
Metro Melbourne Comparison
$580
3.3%
| Bedrooms | Sandringham | Metro comparison |
|---|---|---|
| 2 | - | $575 |
| 3 | $925 | $550 |
| 4 | $1,413 | $600 |
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