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Sandgate

POSTAL CODE: QLD, 4017
HOUSE

Based on its average 5-year and quarterly capital gains, the suburb saw average growth in the long term.

The suburb also delivered a stronger performance in contrast to other Australian suburbs in terms of appreciation of property value. Investors saw the median home price rise to $1,270,000.

The upward trend in home prices in SANDGATE, 4017 averaged 3.48% per annum over a 3-year period.

Average weekly rents on listings have reached the $730 mark, reflecting a 2.99% increase in returns based on the current median price in SANDGATE.

An average of 6.08 real estate transactions take place per month in SANDGATE which translates to 73 per annum.

73 properties were sold in SANDGATE in 2016, making it the 117th most active market in QLD based on total real estate transactions.

SANDGATE, 4017 places 448th in Australia based on median property value growth during the quarter.

Surburb overview

Sandgate, Queensland 4017, is a picturesque coastal suburb approximately 20 kilometres north of Brisbane’s central business district. The suburb is known for its historic charm, seaside lifestyle, and intense community atmosphere. With a population of around 4,926 residents as of the 2021 census, Sandgate is home to a diverse demographic, including families, professionals, and retirees. The predominant age group in the suburb is 40-49 years, and the median household income is approximately $1,448 per week.

The housing market in Sandgate features a mix of traditional Queenslanders, character homes, and modern apartments. The median house price is approximately $1,270,000, reflecting the high demand for properties in this bayside suburb. Rental properties are also in demand, with a median weekly rent of $650 for houses and $450 for units, offering rental yields of 3.16% and 3.48%, respectively.

Sandgate is well-serviced by public transportation, with the Sandgate train station providing direct access to Brisbane’s CBD. The suburb also has a range of amenities, including Sandgate State School and Sacred Heart Primary School, several parks, cafes, and the popular Sandgate foreshore, which features scenic walking paths and picnic spots.

Sandgate’s proximity to the bay, historical significance, and community facilities make it appealing for those seeking a relaxed lifestyle close to the city. The suburb is known for its rich history, dating to its establishment as a popular seaside destination in the early 20th century.

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