If you compare the increase in value of investment property in Sandringham, 3191 to the rest of Australia, it performed very well. The median increase in value, or capital gain property investors experienced for this VIC suburb was 17.73%.
If we look at median property appreciation over just the last three months, Sandringham has given property investors a paper return of 0.28%. This puts Suburb as 525 on a list of fastest fasting appreciating suburbs in VIC
Vendor discounting in Sandringham is giving property investors an average Vendor Discount of around -5.59%. This puts suburb at number 277th in VIC when ranking the most discounted suburbs.
A $797.5 per week rent on the median house gives suburb investors a gross yield of circa 2.36%, without taking into account capital value appreciation, which has been averaging out at 8.03%.
Giving property investors a a stable capital gain of 9.24% for the last year, Sandringham, 3191 is the 445th highest performer in Australia in this respect.
Sandringham,3191 has offered an average of 9.24% return per annum in house price rises to property investors over the last three years.
Sandringham, 3191 is offering VIC ‘s 14th most discounted properties when looking at the average discount being offered by vendors. This puts it in the TOP 10% of discounts offered by this VIC.
On average over the past year, suburb has had 9.08 sales per month, which equates to 109 per year.
Property investors should expect to get $425 weekly from the median priced house in this suburb.