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 2.9% and has experienced a 12-month capital growth of Down -2.4%, with a median house buy price of $2,007,750. This combination provides a balanced growth-and-yield potential for investment portfolios in Australia.
Market Yield & Price Indices
$1,850,000
$1,745,000
$2,350,000
$2,007,750
Suburb Market Profile
Last month Sandringham had 31 properties available for rent and 83 properties for sale. Median property prices over the last year range from $2,007,750 for houses to $720,000 for units. If you are looking for an investment property, consider houses in Sandringham rent out for $1,150 PW with an annual rental yield of 2.9% and units rent for $595 PW with a rental yield of 3.8%. Sandringham has seen an annual compound growth rate of -2.4% for houses and 4.4% for units.