Thinking about buying in Sandringham? Now could not be a better time, with a whopping 748 properties either residential or commercial there's certainly plenty to choose from.
The average property price for this area is $2,486,000 with prices in this suburb ranging from $41,000 to $15,799,000.
Sandringham is located near the coast as well as views of the ocean, demand is likely to be highGood balance between supply and demand ensures a range of affordable options within budget limits. Recent increases in listings may provide buying opportunities. Low average incomes in Sandringham is reflected in smaller and lower quality accommodation. Over time this may change providsing long-term returns but in the short to medium term, prices are likely to be less than state averages. The slightly lower than average earnings from occupations in Sandringham changes the housing and lifestyle preference. It is more a matter of what can be afforded rather than what would we prefer, leading to slower price increases over time. Medium density in Sandringham necessitates a mix of lifestyle options for housing, shops, open areas, and facilties. Where this is available, demand is high and growth ensured. Lower than average industry presence in Sandringham we believe will be less of a negative impact than it has in the past. Post-COVID and the growth in working from home has lessened the demand for local employment options. This may make Sandringham a better buying opportunity than it may have been in the past.
| Median Weekly Rent | $561.20 |
| Median Monthly Mortgage | $2749.80 |
| Median Persons Per Bedroom | 0.80 |
| Average Household Size | 2.40 |
| Average Age | 46.80 |
| Average Income | $908.80 |
| Average Cars Per Dwelling | 1.76 |
| Average Properties Within 50M | 42 |
| 1 Bed $2,666,000 |
| 2 Bed $1,393,000 |
| 3 Bed $2,768,000 |
| 4 Bed $3,835,000 |
| 5 Bed $5,148,000 |
| 6 Bed+$4,213,000 |
Sans Souci Public School
St Finbar's Primary School
Ramsgate Public School
(While the above schools are located with the suburb of Sandringham there may also be nearby schools whose catchments cover this suburb)Incidents Trend State Average
| (mm) RAIN | Min (°C) TEMP | Max (°C) TEMP | Min (%) HUMIDITY | Max (%) HUMIDITY | (m/sec) WIND | (MJ/sq m) SOLAR | |
|---|---|---|---|---|---|---|---|
| Jan | 2.9 | 23.1 | 32.6 | 45.8 | 88.4 | 3.9 | 24.5 |
| Feb | 5.8 | 22.9 | 32.0 | 49.8 | 90.3 | 3.8 | 22.9 |
| Mar | 5.6 | 22.1 | 30.8 | 51.8 | 91.2 | 3.6 | 19.8 |
| Apr | 0.9 | 19.1 | 29.3 | 44.6 | 89.6 | 3.3 | 18.7 |
| May | 1.0 | 14.5 | 26.3 | 40.1 | 90.5 | 2.9 | 16.1 |
| Jun | 0.7 | 11.8 | 24.5 | 39.8 | 92.8 | 2.6 | 14.4 |
| Jul | 1.7 | 11.1 | 24.1 | 38.8 | 92.5 | 2.6 | 15.2 |
| Aug | 0.5 | 11.6 | 26.5 | 30.1 | 90.6 | 2.5 | 18.1 |
| Sept | 0.7 | 14.8 | 28.7 | 30.9 | 88.9 | 3.0 | 21.7 |
| Oct | 1.6 | 17.8 | 30.0 | 36.9 | 90.6 | 3.4 | 24.5 |
| Nov | 1.4 | 20.1 | 31.2 | 40.7 | 89.2 | 3.5 | 26.3 |
| Dec | 3.8 | 22.0 | 33.1 | 39.9 | 87.1 | 3.6 | 26.8 |
source: Australian Government Bureau of Meteorology
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