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Ian Celantano

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Mortgage Broker and home loans Sandringham

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Sandringham is a suburb of Melbourne, Victoria, Australia, located 16 km (10 mi) southeast of Melbourne's central business district.[2] Its local government area is the City of Bayside and its federal division is the Division of Goldstein. At the 2016 Census, Sandringham had a population of 10,241

Sandringham is one of Melbourne's bayside suburbs, located beside Port Phillip at the end of the Sandringham railway line. Sandringham is a popular location for beachgoers, sightseers, walkers, picnickers, photographers, cyclists and shoppers. It has a quaint village atmosphere with a number of cafes, coffee shops and restaurants (Greek, Chinese, Thai, Vietnamese, Indian, Japanese), take-away food outlets, gourmet food outlets, clothing stores, boutique homewares, hairdressers, professional offices, multi-story apartments, real estate agents, bakeries, a modern bookshop, a news agency, Coles supermarket, a health food store, a chemist, an award-winning library,[5] a historical society, a large modern police station, a medical centre, a Life Saving club, a hardware store, a wine store, a bank, a large modern hotel (The Sandy) with a balcony overlooking the bay, an English pub with live music(Hobsons), the iconic Guitars Plus music store (est. 1982), a bike track and a coastal walking track.

 
Sandringham train Station entrance

To and from the Melbourne CBD, it takes 27 minutes to reach Sandringham by train. Buses travel between the Sandringham railway station and St Kilda, Westfield Southland, Chadstone shopping centre and other places.

The Sandringham Yacht Club is host to a number of Sydney to Hobart yacht race winners.

The main streets are home to some elegant old buildings, including the railway station. In the 2011 census the most common ancestries in Sandringham were English 29.3%, Australian 25.8%, Irish 9.7%, Scottish 9.3% and German 3.1%.[6] Sandringham is home to C Company of the Australian Army Reserve unit, 5th/6th Battalion, Royal Victoria Regiment. Sandringham was home to one of the last Video rental stores which closed down in 2019.

Sandringham property market

Last month Sandringham had 61 properties available for rent and 99 properties for sale. Median property prices over the last year range from $2,400,000 for houses to $850,000 for units. If you are looking for an investment property, consider houses in Sandringham rent out for $900 PW with an annual rental yield of 2.4% and units rent for $465 PW with a rental yield of 3.6%. Based on five years of sales, Sandringham has seen a compound growth rate of 25.5% for houses and 23.9% for units.

 

Start your home loan journey today

Your local Sandringham experts in home loans and property investment

We are very proud of our team at Mortgage Choice in Sandringham, and know they have the knowledge and commitment to help you reach your property and finance goals.

Our team of experienced mortgage brokers can help you with everything from buying your first home, through to refinancing and even property investment.

Give us a call today on 9585 2000 to meet our team of home loan experts, and let them help find the right finance solutions for you. 


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