SANDRINGHAM 3191
State: VICPosiProp AI Investment Summary
SANDRINGHAM (VIC 3191) offers a compelling profile for property investors. The suburb currently holds an average rental yield of 3.0% and has experienced a 12-month capital growth of Up 2.9%, with a median house buy price of $2,150,000. This combination provides a balanced growth-and-yield potential for investment portfolios in Australia.
Market Yield & Price Indices
$1,850,000
$1,750,000
$2,332,500
$2,150,000
Suburb Market Profile
Last month Sandringham had 30 properties available for rent and 76 properties for sale. Median property prices over the last year range from $2,150,000 for houses to $725,000 for units. If you are looking for an investment property, consider houses in Sandringham rent out for $1,195 PW with an annual rental yield of 3.0% and units rent for $600 PW with a rental yield of 3.8%. Sandringham has seen an annual compound growth rate of 2.9% for houses and 4.3% for units.
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