REDBANK PLAINS 
6 MIN READ5 Ways To Finance Your Renovation
Renovating your investment property can boost its overall worth. Here are different ways to finance your latest property...
Read More
SandringhamSandringham - SUBURB PROFILE REPORT
SHARE 
Property investors have seen a 5.14% 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 27.53%.
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 $2,455,000
Profits averaged 13.14% 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 $950 based on current median home prices for the suburb.
The gross rental yield in SANDRINGHAM, 3191 is 2.01%.
An average of 8.67 real estate transactions take place per month in SANDRINGHAM which translates to 104 per annum.
| KEY PROPERTY DATA REPORT | HOUSE | UNIT |
|---|---|---|
| Median Price | $2,455,000 | $848,750 |
| GROWTH REPORT | ||
| Median Quarterly | 5.14% | 9.8% |
| Median 12 month | 27.53% | 21.08% |
| Median 3 years | 39.41% | 44.35% |
| Median 5 years | 39.89% | 30.58% |
| 10 years average annual | 8.52% | 5.59% |
| Weekly media advert. rent | $950 | $470 |
| Time on Market | 54.9 days | 66.1 days |
| Gross Rental Yield Percent | 2.01% | 2.88% |
Get notifications in real-time for staying up to date with content that matters to you.
Copyright © 2021 Smart Property Investment
PODCAST