Real Estate Appraisal Sandringham VIC 3191
How much is my home worth in Sandringham?
The median price for a house in Sandringham is $2,112,000 as of April 9, 2023. The median price for a unit is $665,000.
In Sandringham, there were 82 homes for sale and 42 homes for rent last month. For homes, the median price for the last year ranges from $2,112,500 to $665,000, while for apartments, it is $665,000. If you're searching for an investment property, Sandringham homes rent for $900 PW with a 2.4% annual rental return and apartments rent for $490 PW with a 4.1% annual rental yield.
The average annual growth on houses is 3.80%, and for units, it is - 0.75%. The 12-month capital growth is -11.2% on houses, and for units, it is -23.6%.
There have been 84 houses sold and 139 units sold in the last year.
It takes on average 53 days to sell a house and 57 days to sell a unit in Sandringham.
House prices and rent returns in Sandringham.
- 2 bedroom home N/A, Rent per week $675
- 3 bedroom home $1,905,000 Rent per week $800
- 4 bedroom home $2,550,000, Rent per week $1300
Unit prices and rent returns in Sandringham.
- 1 bedroom unit $380,000, Rent per week $360
- 2 bedroom unit $635,000, Rent per week $520
- 3 bedroom unit $1,283,000, Rent per week $720
In Sandringham, the gross rental yield is 2.4% on houses and 4.1% on units.
Free Real Estate Appraisal Sandringham
Selling your house in Sandringham? Do you want to know the current market price of your house or unit? Our appraisers will deliver an accurate appraisal based on recent sales data together with the location of amenities, schools and shops. Our agents will provide this valuation free of charge.
Free Rental Appraisal Sandringham
Do you have an investment property you wish to rent? Or, do you want to rent out your current home? Our property management team currently manages over 34,000 properties in Australia. Our focus is to maintain and care for your property so you can realise the maximum return on your investment. We use the latest software tools to organise our services and we provide full digital tax accounting files. We work closely with the landlord and report regularly on their property. We have a large database of potential tenants that we screen for security reasons.
Property Valuation Sandringham
The majority of people believe a property appraisal and a property valuation are the same. In part, this is true. However, if you need a valuation for legal purposes, you need to engage the services of a licenced property valuer. A valuation from a certified property valuer will cost you money. Or, if you just want to know how much your home is worth, then any registered real estate agent can give you a good understanding of what price you could get for your property, both for sales and rent.
If you want to know the value of your Sandringham home, request an appraisal today to speak to one of our experienced Property Consultants or Property Managers.
How do we appraise a property in Sandringham?
- Recent property sales history in the Sandringham district
- Location and the proximity to amenities
- Accessibility of schools and shops
- Comparison of market values
- Condition and size of the property
Want to know what your Sandringham home is worth?
Lifestyle in Sandringham
Within the City of Bayside local government region, Sandringham is a suburb of Melbourne, Victoria, Australia, 16 kilometres south of the city's CBD. 10,926 people were counted in Sandringham at the 2021 census. Neighbouring suburbs include Hampton, Black Rock and Beaumaris.
At the bottom of the steps at Royal Avenue in Sandringham is a lovely beach. The towering rock walls around the shore give it a Mediterranean feel like Italy. It's not as crowded as Half Moon beach down the road, and the water is clear. Families adore living in this area since it is more reasonably priced than Hampton and Brighton and has a distinct village atmosphere. Great cafés like Port of Call and the Japanese eatery Y14 may be found.
You can take public transport via the train which is on the Sandringham line. So, if you are going to the Melbourne CBD you should have no problems getting a seat.
Schools in Sandringham
Some of the local schools in Sandringham include:
Sandringham Real Estate Agents - Contact Details
Office: Mentone - Cheltenham
Phone: 03 9586 0500