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Sandy Point
AREA REPORTS

Sandy Point

Sandy Point - SUBURB PROFILE REPORT
POSTAL CODE: VIC, 3959

house

Property investors enjoyed capital gains of 46.86% over the last 12 months in SANDY POINT, translating to lower returns compared with its peers in VIC.

Figures from the previous quarter show that capital gains for real estate buyers in SANDY POINT are low, as opposed to average gains per annum over the past five years.

The suburb posted a 85.37% growth in median prices over a three-year period. This is considerably lower than the gains it recorded over the past year.

On average, rents on listings have reached the N/A mark, reflecting a 0% increase in returns based on the current median price in SANDY POINT.

SANDY POINT, 3959 ranks 8th in VIC in terms of median property value increase and capital gains, based on year-to-date figures.

While it ranks 660th on the list of best yielding suburbs for rental properties in VIC, posting a 0% return.

Data report can be found below

Sandy Point
KEY PROPERTY DATA REPORT HOUSE UNIT
Median Price $760,000 N/A
GROWTH REPORT
Median Quarterly 14.2% N/A
Median 12 month 46.86% N/A
Median 3 years 85.37% N/A
Median 5 years 111.4% N/A
10 years average annual 8.54% N/A
Weekly media advert. rent N/A N/A
Time on Market 43.3 days N/A
Gross Rental Yield Percent N/A N/A
demographics (median values)*
Total Population
1151
Weekly Household Income
1029
Household Size
2.30
Age
49
Monthly Loan Repayment
1114
* Australian Bureau of Statistics (May 2021) 2016 Census DataPacks[https://datapacks.censusdata.abs.gov.au/datapacks/],ABS Website, accessed 2016.
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