If you compare the increase in value of investment property in Sandringham, 2219 to the rest of Australia, it performed somewhat poorly. The median increase in value, or capital gain property investors experienced for this NSW suburb was -3.20%.
Data for the last quarter indicates that, in the short term at least, the capital value growth rate for property investors in Sandringham has increased when compared to the 5 year average annual rate.
In the last year 10 properties changed hands in Sandringham, which puts it as the 1462th most active market in NSW when comparing the number of sales per suburb.
Using the current median advertised rental of $670 and the average annual increase in value of a median property of 4.76%, investors should hope to achieve an overall return of 2.09%