23/62-72 Bay Rd, Sandringham is a 1 bedroom, 1 bathroom Unit with 1 parking spaces and was built in 1970. The property has a land size of 1497m2 and floor size of 28m2. While the property is not currently for sale or for rent, it was last sold in February 2024.
Offering a dream bayside 'lock-and-leave' lifestyle, barely metres from the vibrancy of Sandringham's Village and a short stroll from the sands of its beaches, this secure, private and tranquil studio apartment is attractively presented and effortless to maintain. Indeed, this is an apartment that ticks all the necessary boxes for new market entrants, 'lock and leavers' and savvy investors alike.
Accessed securely via intercom entry and with secure undercover parking, the apartment itself looks out upon the soothing calm of communal gardens, whilst highlighting a Bosch and Blanco equipped kitchen with stone benchtops, gas cooking and a dishwasher. An ambient electric fireplace is backed-up by split system heating and air conditioning in this light-filled abode with a convenient concealed laundry.
Positioned to celebrate the best of Sandringham's barristers and bar tenders, enjoy some fine dining, summer swims and endless walks along the waterfront, the apartment also offers effortless city commuting via Sandringham Railway Station which is easily walkable.
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 6,579 properties. Over the last 5 years, Houses in Sandringham have seen a -3.40% decrease in median value, while Units have seen a 11.67% increase. As at 31 May 2026:
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