SOLD
Sold on 12 Jan 2024 for $843,000

5/156 Bay Road
Sandringham VIC 3191

Bedrooms: 2
Bathrooms: 1
Car spaces: 1
Floor area: 88m2
Land area: 148m2
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Property Details for 5/156 Bay Rd, Sandringham

5/156 Bay Rd, Sandringham is a 2 bedroom, 1 bathroom Unit with 1 parking spaces and was built in 1980. The property has a land size of 148m2 and floor size of 88m2. While the property is not currently for sale or for rent, it was last sold in January 2024. There are other 2 bedroom Unit sold in Sandringham in the last 12 months.

Building Type
Unit
Year Built
1980
Floor Size
88m2
Land Size
148m2
Local Government
Bayside
Lot/Plan
5/RP4050

Last Listing description (November 2023)

This highly sought after bayside lifestyle opportunity boasts an enviable location! Only minutes to Sandringham beach and coastal walks, Sandringham Village's myriad of cafes, shops, restaurants, Sandringham Train Station, Royal Avenue Tennis Centre with Harold Street playground, Top Tier Golf Clubs, Sandringham Yacht Club, notable schools, gyms, Bay Road Nursery within metres and all wonderful Sandringham has to offer!

Surrounded by blue-chip properties, this freestanding unit will delight all astute contenders given the exceptional value, position, and opportunity! The property showcases 2 bedrooms with large BIR's, a spacious clean line modern kitchen with Miele appliances and glass splashbacks, spacious lounge and dining with polished Tasmanian Oak hardwood floorboards, bathroom, and a clean line modern laundry opening to a sun-soaked paved courtyard bordered by an avenue of cypress hedge trees. Further features include a Rinnai hot water system, Daikin reverse-cycle-air conditioning, ducted central heating, and a single car garage.

This property is ready to champion your own signature style with further renovations or capitalise on an immediate rental return or fully furnished short term stay. Seize the endless possibilities in highly coveted Sandringham, you've found your perfect match!

Property History for 5/156 Bay Rd, Sandringham, VIC 3191

A timeline of how this property has performed in the market
Last Sold
$843,000
12 Jan 2024
Listed for Rent
$460/w
31 Aug 2022
  • 12 Jan 2024
    Sold for $843,000
  • 08 Nov 2023
    Listed for Sale $780,000 - $830,000
  • 29 Jul 2022
    Listed for Rent $460 / week
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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 6,229 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

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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.