With a capital gain of -8.11% for the last 12 months, Sandringham, 3191 has performed for property investments than its average annual 6.35% property growth over the last 5 years.
Across a shorter period, Sandringham, 3191 has seen a median price increase of -1.16% over the last quarter.
Vendor discounting in Sandringham is giving property investors an average Vendor Discount of around -8.41%. This puts suburb at number 95th in VIC when ranking the most discounted suburbs.
On average over the past year, suburb has had 7.08 sales per month, which equates to 85 per year.
Property investors should expect to get $825 weekly from the median priced house in this suburb.
Property investors who have had real estate in Sandringham, 3191 should be unhappy with this VIC suburb’s performance compared to the rest of the country. Over the last year it has seen median house prices decrease in value by -9.83%
If we look at median property appreciation over just the last three months, Sandringham has given property investors a paper return of -4.58%. This puts Suburb as 280 on a list of fastest fasting appreciating suburbs in VIC
Sandringham3191 is located in VIC which offers an average discount of -6.08% to property investors. Sandringham itself is showing figures that indicate -5.46% is the average achievable by property buyers investing in the suburb.
Situated 16.23km from the CBD, Sandringham is one of Bayside (C) localities in the postcode 3191.