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Sandhurst, VIC 3977

Home » VIC Real Estate Data » Frankston City, VIC » Sandhurst, VIC 3977

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 Sandhurst, VIC 3977 located in Melbourne 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

2BR

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Rent 

1BR

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Yield 

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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 “Sandhurst, VIC 3977”

  1. The total adult population (15 years or older) of Sandhurst 3977 VIC is 4,101, with a median age of 41. Of those, 63.16% are married, 9.22% are divorced or separated, 25.16% are single and 2.56% are widowed.

    The average household size is 3.0 people per dwelling, and the median household monthly income is estimated to be $11,336. The median monthly mortgage repayment for households in this suburb is $2,383 which is 21.02% of their earnings.

    Source: ABS Census Data (2021)

  2. The suburban area of Sandhurst, bearing the postcode 3977, is nestled within the boundaries of Victoria, housing an estimated total of 1,878 households. As we stride into the third quarter of 2023, property market statistics emerge that paint a detailed picture of the investment potential in this location.

    The typical price tag attached to houses in Sandhurst stands at $1,042,775 AUD. Coupled with a median weekly rent of $611, this results in an indicative yield of 3.05% that scrapes past the 3% baseline attractive to cashflow-centred property investors.

    Drawing a socio-economic portrait of Sandhurst, it flaunts an IRSAD score of 1105 out of a possible 1217. This high score points towards a population with strong economic resource access, high income levels, and an abundance of skilled professions. It teems with owners rather than renters, the ratio standing at a favourable 13%, thus shielding the area from high rental property competition.

    The Units to House ratio in Sandhurst is a striking 0%. This lack of apartments, flats and units not only limits rental market saturation but adds to the allure for families seeking peace and stability with longer tenancy periods.

    Housing affordability, however, suggests a slightly grim scenario. It would take approximately 36 years to fully own a property, exceeding the ideal 30-year mortgage. This makes the market slightly less favourable and demands for careful financial consideration.

    Yet, the supply metrics reveal an appealing picture. The stock on market Percentage for houses is just 0.27%, indicating a low supply scenario favourable for sellers. Coupled with an extremely low inventory level of 0.65 months and a null building approvals Ratio, the supply seems confined, adding to the investment desirability.

    On the demand front, houses spend an average of 26 days on the market, suggesting a high demand condition. The neighbourhood is indeed attractive with a smile-inducing vacancy rate of 0.8%, indicating high demand and fewer available properties. However, the buy search index is pegged at 4, indicating only a moderate demand in comparison to the city/state average.

    The stats and metrics of Sandhurst suggest favourable conditions overall, yet potential investors are reminded to monitor trends and market developments systematically, leveraging tools like RCS (Relative Composite Score) by HtAG Analytics for an automated, comprehensive analysis.

    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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