At number 3164th in the list of Australian suburbs ordered by increase in median house value over the last year, Sandringham, 3191 is in the BOTTOM 30% with a property value increase of -2.17% recorded in median house prices.
Comparing Sandringham,3191 ‘s 5year and quarterly average capital gain offered to property investors, it performed less well across the longer period
State is the 7th most discounted Australian state or territory in this month’s figures with an average Vendor Discount of -5.19% offered to property buyers. Sellers in Sandringham itself are offering an average vendor discount of -5.63% to real estate investors.
In the last year 108 properties changed hands in Sandringham, which puts it as the 211th most active market in VIC when comparing the number of sales per suburb.
Sandringham, 3191’s gross rental yield is 2.28%
Sandringham, 3191 ranked 356th in VIC when comparing growth in median property values or capital gain over the last 12 months. Sandringham is one of 2098 in our list for VIC
Sandringham,3191 was ranked 1590 in Australia by increase in median property value over the quarter.
Property buyers and investors in Sandringham 3191 should be seeing an average reduction in asking price of around -7.98% . This means that Sandringham is holding prices well when compared to other suburbs in VIC.
Situated 11.21km from the CBD, Sandringham is one of Bayside localities in the postcode 3191.