Market snapshot
Suburb insights for Sandringham3191
Change suburbSandringham, approximately 16 km south of Melbourne's CBD, is a charming coastal suburb that offers a relaxed yet sophisticated lifestyle. Anchored by Sandringham Village and its cafes, shops, and train station, the suburb provides direct access to the beach, yacht club, and coastal trails. With a mix of period homes, luxury residences, and boutique apartments, Sandringham appeals to families, retirees, and professionals seeking a bayside lifestyle with excellent schools and a strong sense of community.
Recent sales and auction results in Sandringham
| Address | Bedrooms | Price | Type | Method | Sale Date | Agent | Listing |
|---|---|---|---|---|---|---|---|
| 1/245 Bluff Rd, Sandringham | 3 |  | Unit | Passed in Vendor Bid | 12/12/2025 | Hodges | |
| 40 Nelson St, Sandringham | 2 |  | House | Auction Sale | 12/12/2025 | Jellis Craig | View |
| 19/86-88 Beach Rd, Sandringham | 2 | | Apartment | Private Sale | 27/11/2025 | Belle Property Sandringham | View |
| 620/222 Bay Rd, Sandringham | 2 | | Apartment | Private Sale | 20/11/2025 | Jellis Craig | View |
Sales data
Median sale price
$2.2mil
Quarterly price change
0.1%
Metro Melbourne Comparison
$955k
2.7%
| Bedrooms | Sandringham | Metro comparison |
|---|---|---|
| 2 | - | $910,000 |
| 3 | $1,830,000 | $830,000 |
| 4 | $2,310,000 | $951,500 |
| Insight | Sandringham | Metro comparison |
|---|---|---|
| Clearance rate | 69.6% | 81.4% |
| Days on market | 49 | 36 |
Rental data
Median weekly rent
$1,100
Rental yield
2.7%
Metro Melbourne Comparison
$580
3.3%
| Bedrooms | Sandringham | Metro comparison |
|---|---|---|
| 2 | - | $580 |
| 3 | $925 | $550 |
| 4 | $1,495 | $600 |
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