Market snapshot
Suburb insights for Sandringham3191
Change suburbSandringham is located 16 km south of the CBD. Sandringham is a bayside suburb located in melbourne's south-east. The suburb is primarily residential with open reserves lining the foreshore in the west. The City of Bayside municipal offices are located in Sandringham. The suburb also features a commercial district around the Sandringham railway terminus as well as a major Boat Harbour and Marina and health care facilities such as the Sandringham & District Memorial Hospital and the Fairway Nursing Home.
Recent sales and auction results in Sandringham
| Address | Bedrooms | Price | Type | Method | Sale Date | Agent | Listing |
|---|---|---|---|---|---|---|---|
| 38 Codrington St, Sandringham | 4 |  | House (Res) | Private Sale | 14/03/2025 | Buxton |
Sales data
Median sale price
$2.1mil
Quarterly price change
-3.5%
Metro Melbourne Comparison
$923k
2.7%
| Bedrooms | Sandringham | Metro comparison |
|---|---|---|
| 2 | - | $881,200 |
| 3 | $1,911,000 | $810,000 |
| 4 | $2,300,000 | $942,350 |
| Insight | Sandringham | Metro comparison |
|---|---|---|
| Clearance rate | 54.5% | 78.5% |
| Days on market | 51 | 42 |
Rental data
Median weekly rent
$1,150
Rental yield
2.8%
Metro Melbourne Comparison
$580
3.3%
| Bedrooms | Sandringham | Metro comparison |
|---|---|---|
| 2 | - | $580 |
| 3 | $925 | $550 |
| 4 | $1,425 | $600 |
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