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Sandringham, NSW 2219

Home » NSW Real Estate Data » Bayside Council, NSW » Sandringham, NSW 2219

If you’re looking to buy, rent, or invest in property, it’s important to do your research on the suburb first. This includes looking at house prices, real estate rental market data, and other advanced metrics. Here, we’ve compiled that information for Sandringham, NSW 2219 located in Sydney to help you make an informed decision about your property choice in this suburb.





Market Snapshot

This page provides an overview of the area’s real estate market. The data in this snapshot illustrates typical price, median rent and gross yield metrics for this suburb. You are able to visualise these 3 key metrics as well as other important indicators in the dashboard section that follows.

Buy 

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Rent 

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Yield 

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Buy 

1BR

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Rent 

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Lower Risk RCS™

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Capital Growth RCS™

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Cashflow RCS™

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Essentials
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Yield chart
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GRC chart
Fundamentals
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IRSAD chart
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Renters to owners pie chart
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unit to houses pie charts
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Demand chart
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Inventory chart
Supply

Stock on Market

Inventory

Hold Period

Building Approvals

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SOM chart
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Inventory chart
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Inventory chart
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Hold chart
Demand

Days on Market

Vacancy Rate

Clearance Rate

Search Index

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DOM chart
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Inventory chart
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Index chart
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Auction chart

How was this calculated? Typical Price is a continuous metric calculated via a process called data fitting. Median Rent is weekly advertised rent based on rentals over the preceding 12 months. Gross Yield is Median Rent x 52 x 100 / Typical Price. To discover additional information, click the “i” icon in the top left corner of each graph or visit the Data Dictionary page.

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0 thoughts on “Sandringham, NSW 2219”

  1. The total adult population (15 years or older) of Sandringham 2219 NSW is 1,062, with a median age of 47. Of those, 53.30% are married, 12.05% are divorced or separated, 28.63% are single and 5.93% are widowed.

    The average household size is 2.5 people per dwelling, and the median household monthly income is estimated to be $11,232. The median monthly mortgage repayment for households in this suburb is $2,981 which is 26.54% of their earnings.

    Source: ABS Census Data (2021)

  2. The suburb of Sandringham, with the postcode 2219, is located within NSW and home to an estimated 591 households. As of the 3rd quarter of 2023, property data shows that typical house prices in Sandringham 2219 are set at $2,871,213. With a median weekly rent priced at $846, this calculates an indicative yield of 1.53%.

    The IRSAD score of the suburb stands at 1091 out of 1217, suggesting that the socio-economic conditions in this area are favourable. A renter-to-owner ratio of 23% showcases a lower proportion of rental properties, which is generally better for long term investment returns and maintains a favourable neighbourhood vibe.

    The units to houses ratio shows a decent balance at 36%, suggesting lower competition among landlords for tenants, which can contribute to sustainably higher rental yields.

    However, the affordability index for houses in Sandringham presents a slightly concerning figure, at 100 years to own, which could indicate decreased affordability in the area.

    From a supply perspective, Sandringham 2219 demonstrates a favourable scenario with a stock-on-market percentage of 0.37% and an inventory level of 2.4 months. The extremely low building approvals ratio of 0.0% reinforces the low supply side of houses in the market.

    With an impressively low average of just 24 days on the market for properties, demand appears to be high. This is corroborated by the vacancy rate of only 0.74%, further highlighting the appealing level of demand for housing in the vicinity.

    Finally, corroborating these positive demand factors, the buy search index for houses stands at 8 well above the average, indicating a high interest from prospective buyers in the area. This housing market analysis of Sandringham 2219, NSW provides investors with valuable insight into the conditions of this suburb’s property market as of Q3 2023. As always, RCS (Relative Composite Score) provides an automated research tool incorporating these and many more metrics to assist your property investment decision.

    It’s important to note that the above analysis provides a snapshot of current value metrics but doesn’t consider metric trends, which can also significantly influence investment decisions. Moreover, some metrics have greater importance than others based on various factors, a nuance that must be understood for a holistic analysis.

    Join HtAG Analytics to visualise these metrics trends, and gain a deeper understanding of their importance. By becoming part of HtAG Analytics, you will be empowered to make informed decisions, discerning which metrics are more significant in the context of your property investment strategy.

    This content serves to inform and does not constitute investment advice. Property investment involves risks and uncertainties, and professional advice should be sought before making any investment decisions. By leveraging expert guidance, potential investors can ensure a comprehensive understanding of the complex property investment landscape.

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