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Sandringham - lifestyle plus

Suburb Profiles
15 November 2022
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Bursting with charm and the perks of a beachside locale, Sandringham offers second-home buyers a premium lifestyle close to amenities and the city.

Situated 16km from Melbourne’s CBD in the City of Bayside, Sandringham is set along a pristine stretch of beach. In the summer, it’s popular with beachgoers and water-sport enthusiasts of all ages who enjoy swimming, paddle boarding, canoeing and watching the sunset at the main beach.

There’s the opportunity to learn to sail at the Sandringham Yacht Club or volunteer at the Sandringham Lifesaving Club. Or to take a stroll along the local dog beach or at nearby Hampton Pier, which are frequented by locals and tourists alike.

The Beach Road Foreshore Playground is a popular spot for young families, while sightseers, walkers, cyclists and photographers are often found enjoying the sunrise or sunset along the coastal walking track.

There are a number of cafes, restaurants, bars and take-away stores in Sandringham, perfect for grabbing a drink with friends on a weekend or taking the family out for Sunday brunch before a day at the beach.

Two of the suburb’s popular haunts include The Sandy, which has views overlooking the bay, and Hobsons, a traditional English pub.

The suburb’s main shopping strip, just off Beach Road, has a village-like feel and is dotted with retail boutiques, homeware stores and other shops, including a hairdresser, pharmacy, t medical centre and Coles supermarket.

And if you’re in the mood for some more serious retail therapy, major shopping hubs such as Westfield Southland and Chadstone Shopping Centre are just a short car or bus ride away.

Or jump on a train and you’ll be in the heart of Melbourne in about half an hour. Buses also connect the seaside community to neighbouring suburbs and Melbourne Airport.

For second-home buyers with children, Sandringham has a number of highly-regarded schools. They include Sandringham Primary School, one of the state’s oldest schools, Sacred Heart Parish Catholic School, Sandringham College and Fairbanks Girls’ Grammar School.

There’s also a large sports community with AFL, soccer, cricket, netball, basketball and athletics on offer.

According to the 2021 Census, about 11,000 people call Sandringham home, including couples, young families and older families. Its mix of established houses, beachfront abodes, apartments and townhouses makes Sandringham a premium spot to upgrade to a second home in a desirable location, whatever the life stage.

realestate.com.au lists the following information about Sandringham:

  • Median house price of $2.3425 million (an increase of 11.5 per cent in the last 12 months)
  • Median rental price of $900 per week for a house (no increase in the last 12 months)
  • Median apartment or unit price of $847,500 (an increase of 13.8 per cent in the last 12 months)
  • Median rental price of $490 per week for an apartment or unit (an increase of 8.9 per cent in the last 12 months)
  • Annual rental yield of 2.3 per cent for houses and 3.8 per cent for apartments or units
  • A compound growth rate of 11.5 per cent for houses and 13.8 per cent for units (based on 5 years of sales)

Barry Plant’s Mentone/Cheltenham real estate team is Bayside’s best, and has decades of experience buying, selling and investing in Melbourne’s southeast. Get in touch today.

To find out more about Sandringham, including up-to-date statistics, visit the Sandringham suburb profile.

Suburb Profiles
15 November 2022
Save Article

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