40 Station StreetSandringham VIC 3191
Property Details for 40 Station St, Sandringham
Last Listing description (December 2019)
Outstanding opportunity to purchase this versatile property with upside in one of Melbournes sought-after Bayside suburbs.
- Land Area: 252m2
- Two street frontages
- Ideal for the astute investor or owner occupier
- Future development opportunity (STCA)
Please call for further information or to arrange an inspection.
In conjunction with Nichols Crowder.
Property History for 40 Station St, Sandringham, VIC 3191
- 23 Oct 2024Sold for $1,550,000
- 08 Aug 2019Listed for Sale Contact Agent
- 25 Jun 2010Listed for Rent - Price not available
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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.
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