SOLD
Sold on 11 Dec 2023 for $315,000

127/218 Bay Road
Sandringham VIC 3191

Bedrooms: 1
Bathrooms: 1
Car spaces: 2
Floor area: 45m2
Land area: 4157m2
Save

Property Details for 127/218 Bay Rd, Sandringham

127/218 Bay Rd, Sandringham is a 1 bedroom, 1 bathroom Unit with 2 parking spaces and was built in 2014. The property has a land size of 4157m2 and floor size of 45m2. While the property is not currently for sale or for rent, it was last sold in December 2023. There are other 1 bedroom Unit sold in Sandringham in the last 12 months.

Building Type
Unit
Year Built
2014
Floor Size
45m2
Land Size
4157m2
Local Government
Bayside
Lot/Plan
127/PS706194

Last Listing description (August 2018)

The Apartment Specialists proudly presents this near new 1-bedroom apartment in Sandringham. The apartment offers a spacious bedroom, a fully functioning kitchen including a bench top, large living/dining area, reverse cycle air conditioning and a fantastic sized balcony. The location of the building is in the heart of Sandringham; it s only a quick drive to Sandringham beach and Southland Shopping centre. The apartment includes a secure off the street car stacker space (2000kg max weight, 150cm max height and 190cm max width.) - please check your own car specifications before applying. Tenant(s) are required to undergo a car stacker induction - fees may apply.
This is a UNIQUE and LIMITED opportunity. These apartments are only for ELIGIBLE TENANTS. These apartments are under the National Rental Affordability Scheme(NRAS) and the eligibility criteria solely relates to the level of your gross income. Should you not be able to prove your gross income, you WILL NOT be eligible to rent one of these properties. In order to be eligible for an NRAS property, your household gross (before tax) income must come UNDER your applicable household type. The following is a list of household types and their maximum allowances in their gross income:
1 ADULT - $50,489

2 ADULTS - $69,804
3 ADULTS - $89,119
4 ADULTS - $108,434
SOLE PARENT WITH 1 CHILD - $69,852
SOLE PARENT WITH 2 CHILDREN - $86,600
SOLE PARENT WITH 3 CHILDREN - $103,348
COUPLE WITH 1 CHILD - $86,552
COUPLE WITH 2 CHILDREN - $103,300
COUPLE WITH 3 CHILDREN - $120,048
These photos demonstrate the look and feel of the apartment but they are not actual images of the apartment.
Please register your interests by sending us an email and we will send you the NRAS information package to help you apply for these apartments. If you have further questions, please call us on 9826 9908.
To book a time to inspect, simply click on Book an Inspection Time or Contact Agent to be notified of inspection times. Alternatively, call 03 9826 9908 or email Steven@locandro.com.au to register for an inspection.
***By registering your details, you will be instantly informed of any updates, changes or cancellations for your property appointment. Without a booking, you will not be able to view the apartment.***

Property History for 127/218 Bay Rd, Sandringham, VIC 3191

A timeline of how this property has performed in the market
Last Sold
$315,000
11 Dec 2023
Listed for Rent
$288/w
01 Aug 2018
  • 11 Dec 2023
    Sold for $315,000
  • 31 Jul 2018
    Listed for Rent $250 / week
  • 11 Apr 2017
    Listed for Rent $255 / week
Sign in to see more transactions

Commute Calculator

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 6,229 properties. Over the last 5 years, Houses in Sandringham have seen a 19.13% increase in median value, while Units have seen a 10.82% increase. As at 31 October 2024:

  • The median value for Houses in Sandringham is $2,279,952 while the median value for Units is $825,550.
  • Houses have a median rent of $1,000 while Units have a median rent of $610.
There are currently 16 properties listed for sale, and 6 properties listed for rent in Sandringham on OnTheHouse. According to CoreLogic's data, 252 properties were sold in the past 12 months in Sandringham.

Suburb Insights for Sandringham 3191

Market Insights
Sandringham Trends for Houses
Median Value

N/A

-
View Trend
Median Growth

N/A

View Trend
Median Rent

N/A

-
View Trend
Rental Yield

N/A

-
View Trend
Median Value: The middle value of all properties across the geography based on the Automated Valuation Model.


Median Value over 1 year
Sandringham Trends for Units
Median Value

N/A

-
View Trend
Median Growth

N/A

View Trend
Median Rent

N/A

-
View Trend
Rental Yield

N/A

-
View Trend
Median Value: The middle value of all properties across the geography based on the Automated Valuation Model.


Median Value over 1 year
Neighbourhood Insights
Age
Household
Occupancy
No data to show
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.