23/49-51 Bay Road, Sandringham, VIC 3191 | Apartment for sale | OnTheHouse
FOR SALE
EOI Closing Tuesday 23rd June at 2pm

23/49-51 Bay Road
Sandringham VIC 3191

Bedrooms: 3
Bathrooms: 2
Car spaces: 2
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Sub-Penthouse Prestige with Panoramic Views

On a grand scale in Sandringham’s greatest resort-living development, offered for the first time since construction, this substantial three bedroom, two bathroom residence provides a rare opportunity to live with the timeless design and lifetime quality of the tightly-held Portofino group. Set at sub-penthouse level, this elite residence has all the hallmarks of penthouse-living with living flowing to sea-breeze terraces on two sides, a vast master-suite (with dual-vanity ensuite and dual his-&-hers walk-in robes)...and a panoramic bay-horizon sunset-view.
Appointed in this iconic group’s signature style, this unparalleled apartment makes a grand entrance with an impressive private lobby opening to a life of quiet luxury with a bay-view chef’s Miele appliance kitchen centre-stage in the lofty open-plan, and fully-tiled polished-porcelain bathrooms in the wings. Specified to the highest standard with solid herringbone parquetry floors, and a rich mix of Caesarstone and Travertine benchtops on 2-Pack cabinetry, this elevated opportunity showcases outstanding attention-to-detail from a large family laundry, to tall built-in robes for secondary bedrooms, to the warm touch of a heating towel rail.
Secured by video-intercom to the group’s gracious reception-hall, and seamless lift-access to two-car garaging with a genuine storeroom, this 5 Star opportunity includes access to the group’s private leisure-centre; with direct lift-access to a heated indoor-pool, spa, sauna and gym... and lushly landscaped surrounds to add to the resort feel. In a blue-chip hill location within one block of the cafes, restaurants and boutiques, and 500m to Sandringham Station (from which it’s an easy 30 minute commute to the city), iconic Portofino stands apart as the original and best in Sandringham’s ever-evolving transformation from sleepy beachside village, to sophisticated lifestyle hub.
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Property Details for 23/49-51 Bay Rd, Sandringham

23/49-51 Bay Rd, Sandringham is a 3 bedroom, 2 bathroom Apartment with 2 parking spaces. The place is currently for sale with Hodges Brighton.

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Apartment
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About Sandringham 3191

The size of Sandringham is approximately 3.7 square kilometres. There are 17 parks, covering nearly 17.5% of the total area. The population of Sandringham in 2016 was 10241 people. By 2021 the population was 10926 showing a population growth of 6.7% in the area during that time. The predominant age group in Sandringham is 50-59 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 2021, 71.90% of the homes in Sandringham were owner-occupied compared with 71.00% in 2016.

Sandringham has 6,581 properties. Over the last 5 years, Houses in Sandringham have seen a 3.06% increase in median value, while Units have seen a 10.92% increase. As at 30 April 2026:

  • The median value for Houses in Sandringham is $2,268,736 while the median value for Units is $869,082.
  • Houses have a median rent of $1,250 while Units have a median rent of $600.
There are currently 19 properties listed for sale, and 7 properties listed for rent in Sandringham on OnTheHouse. According to Cotality's data, 365 properties were sold in the past 12 months in Sandringham.

Suburb Insights for Sandringham 3191

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Romana Preston
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Julian Augustini
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Hodges Brighton
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Disclaimer
The Cotality Data provided in this publication is of a general nature and should not be construed as specific advice or relied upon in lieu of appropriate professional advice.

While Cotality uses commercially reasonable efforts to ensure the Cotality Data is current, Cotality does not warrant the accuracy, currency or completeness of the Cotality Data and to the full extent permitted by law excludes all loss or damage howsoever arising (including through negligence) in connection with the Cotality Data.