SOLD
Sold on 27 Mar 2024 for $2,050,000

12/49-51 Bay Road
Sandringham VIC 3191

Bedrooms: 4
Bathrooms: 2
Car spaces: 2
Floor area: 125m2
Land area: 3425m2
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Property Details for 12/49-51 Bay Rd, Sandringham

12/49-51 Bay Rd, Sandringham is a 4 bedroom, 2 bathroom Unit with 2 parking spaces and was built in 2005. The property has a land size of 3425m2 and floor size of 125m2. While the property is not currently for sale or for rent, it was last sold in March 2024. There are other 4 bedroom Unit sold in Sandringham in the last 12 months.

Building Type
Unit
Year Built
2005
Floor Size
125m2
Land Size
3425m2
Local Government
Bayside
Lot/Plan
12A/PS521174

Last Listing description (February 2022)

Be one of the fortunate few who can call "Portofino" home and experience carefree, beachside indulgence at its finest. Metres from the beach and Sandringham Village's shops and cafes, this exclusive complex is where you'll find a three-bedroom top-floor residence with quality and privacy in perfect synergy. Sparkling bay views set the scene for the luxurious ambience and grand proportions throughout, where the timeless interior is as sophisticated and pristine as the picturesque scenery.

A sense of grandeur enhances the elegant formal lounge and dining rooms, joining the Miele and stone-appointed kitchen, large balcony terrace and casual living/meals domain. The guest bedrooms both have built-in robes, whilst the main bedroom boasts a large walk-in wardrobe/dressing room, ensuite and private balcony, adjacent to the fully-fitted home office.


This is an exquisite lock-up-and-leave Bayside residence or brilliant downsizer you'll be proud to own, complete with zoned heating and cooling, herringbone natural timber floors, high ceilings, generous storage (including a basement storage room), separate full size laundry and secure garage parking for two cars. This prestige address is an easy walk to Sandringham station, and trendy cafes are close by for a morning coffee and croissant, whilst the building itself homes resort-style facilities, including a heated swimming pool, spa, sauna and gymnasium.

Property History for 12/49-51 Bay Rd, Sandringham, VIC 3191

A timeline of how this property has performed in the market
Last Sold
$2,050,000
27 Mar 2024
  • 27 Mar 2024
    Sold for $2,050,000
  • 19 Feb 2022
    Sold for $1,915,000
  • 25 Jan 2022
    Listed for Sale Auction this Saturday 11.00am
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About Sandringham 3191

The size of Sandringham is approximately 3.7 square kilometres. It has 17 parks covering nearly 17.5% of total area. The population of Sandringham in 2011 was 9,309 people. By 2016 the population was 10,234 showing a population growth of 9.9% in the area during that time. The predominant age group in Sandringham is 40-49 years. Households in Sandringham are primarily couples with children and are likely to be repaying over $4000 per month on mortgage repayments. In general, people in Sandringham work in a professional occupation. In 2011, 74.7% of the homes in Sandringham were owner-occupied compared with 71% in 2016.

Sandringham has 6,275 properties. Over the last 5 years, Houses in Sandringham have seen a 14.39% increase in median value, while Units have seen a 6.26% increase. As at 30 November 2024:

  • The median value for Houses in Sandringham is $2,248,889 while the median value for Units is $811,516.
  • Houses have a median rent of $935 while Units have a median rent of $600.
There are currently 18 properties listed for sale, and 8 properties listed for rent in Sandringham on OnTheHouse. According to CoreLogic's data, 259 properties were sold in the past 12 months in Sandringham.

Suburb Insights for Sandringham 3191

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Disclaimer
Whilst all reasonable effort is made to ensure the information in this publication is current, CoreLogic does not warrant the accuracy or completeness of the data and information contained in this publication and to the full extent not prohibited by law excludes all for any loss or damage arising in connection with the data and information contained in this publication.