Suburb Profile Report for Sandringham NSW (2219)

Sandringham House: Median price $1,665,000, Annual capital growth 4.76%, Number of sales 10, Weekly median advertised rent $670

  • House
  • Unit
Source: CoreLogic RP Data
  • Median price
  • Number of sales

Source: CoreLogic

  • House Report

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%

HOUSE UNIT
$1,665,000 N/A
-1.77% N/A
-3.20% N/A
4.76% N/A
$670 N/A
10 N/A
2.09% N/A
N/A N/A

Source: CoreLogic

DSR Score for property investment : Above average (U), Good (H)
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Demographics
Total population 977
Median household income ($/weekly) 1534
Median age of persons 43
Median housing loan repayment ($/monthly) 2800
Average household size 2.4
  • Census Count Percent(%)
    5-14 years 111 11.4
    35-44 years 178 18.2
    45-54 years 146 14.9
    55-64 years 113 11.6
    65-74 years 105 10.7
    Others 324 33.2
    Age Group
    Census Count Percent(%)
    Registered Married 435 56.6
    Not Married 282 36.7
    Defacto Relationship 51 6.6
    Social Marital Status
  • Census Count Percent(%)
    Australia 683 72.6
    Fiji 17 1.8
    Hong Kong 57 6.1
    United Kingdom 24 2.6
    Other 48 5.1
    Others 112 11.9
    Country of Birth
    Census Count Percent(%)
    Buddhism 14 1.5
    Christianity 765 81.7
    Islam 31 3.3
    Other Religious Groups 8 0.9
    No Religion 109 11.6
    Others 9 1.0
    Religious Affiliation
  • Census Count Percent(%)
    $400-$599 29 8.1
    $600-$799 30 8.4
    $1,500-$1,999 41 11.5
    $2,500-$2,999 43 12.0
    $3,000-$3,499 28 7.8
    Others 187 52.2
    Gross Household Income (Weekly)
    Census Count Percent(%)
    Employed, worked full-time 300 38.8
    Not in the labour force 270 34.9
    Employed, worked part-time 162 20.9
    Employed, away from work 28 3.6
    Unemployed, looking for work 14 1.8
    Person Characteristics
  • Census Count Percent(%)
    Managers 76 15.5
    Professionals 128 26.1
    Technicians & trades workers 62 12.7
    Clerical & administrative workers 77 15.7
    Sales 56 11.4
    Others 91 18.6
    Occupation
    Census Count Percent(%)
    Pre-school 14 7.0
    Infants/Primary 75 37.3
    Secondary 60 29.9
    Technical or Further Educational Institution 16 8.0
    University or other Tertiary Institutions 30 14.9
    Others 6 3.0
    Type of Educational Institution Attending
  • Census Count Percent(%)
    Separate house 768 81.8
    Flat, unit or apartment 125 13.3
    Semi-detached, row or terrace house, townhouse 46 4.9
    Caravan, cabin, houseboat 0 0.0
    Improvised home, tent, sleepers out 0 0.0
    Others 0 0.0
    Dwelling Structure
    Census Count Percent(%)
    Fully owned 177 45.9
    Being purchased 114 29.5
    Rented 92 23.8
    Other tenure type 3 0.8
    Tenure Type
Census 2011, ABS
Chart Table
Recent sales & rentals