Powered by MOMENTUM MEDIA
Sandringham
AREA REPORTS

Sandringham

Sandringham - SUBURB PROFILE REPORT
POSTAL CODE: VIC, 3191

house
unit

Property investors have seen a 7.64% gain in SANDRINGHAM based on an increase in median home prices for the past three months.

Homeowners and real estate investors betting on SANDRINGHAM, 3191 can rest assured about this VIC suburb's performance. The suburb saw median home prices rise by 11.83%.

Based on its average 5-year and quarterly capital gains SANDRINGHAM, 3191 saw average growth in the long term.

The VIC 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 $1,937,500

Profits averaged 0.61% per annum over a 3-year period, due to an upward trend in home prices in SANDRINGHAM, 3191.

This means, real estate investors could earn a rental income of $900 based on current median home prices for the suburb.

The gross rental yield in SANDRINGHAM, 3191 is 2.42%.

An average of 6.83 real estate transactions take place per month in SANDRINGHAM which translates to 82 per annum.

Data report can be found below

Sandringham
KEY PROPERTY DATA REPORT HOUSE UNIT
Median Price $1,937,500 $703,750
GROWTH REPORT
Median Quarterly 7.64% 3.49%
Median 12 month 11.83% 1.85%
Median 3 years 1.84% -6.57%
Median 5 years 32.71% 20.92%
10 years average annual 5.31% 2.37%
Weekly media advert. rent $900 $475
Time on Market 52.7 days 56.8 days
Gross Rental Yield Percent 2.42% 3.51%
demographics (median values)*
Total Population
10241
Weekly Household Income
2124
Household Size
2.50
Age
44
Monthly Loan Repayment
2500
* Australian Bureau of Statistics (May 2021) 2016 Census DataPacks[https://datapacks.censusdata.abs.gov.au/datapacks/],ABS Website, accessed 2016.
select a category
Age group
Top 10 Birth Countries
Dwelling Structures
Education
Household Income
Labour Force
Marital Status
Occupation
Religious Affiliation
Tenure Type

Get the latest news & updates

Join a community of over 100,000 property investors.

Check this box to receive podcast updates

Related Articles


Website Notifications

Get notifications in real-time for staying up to date with content that matters to you.