23/62-72 Bay Road, Sandringham, VIC 3191 | Property Value & History | OnTheHouse
OFF MARKET

23/62-72 Bay Road
Sandringham VIC 3191

Bedrooms: 1
Bathrooms: 1
Car spaces: 1
Floor area: 28m2
Land area: 1497m2
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Property Details for 23/62-72 Bay Rd, Sandringham

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.

Building Type
Unit
Year Built
1970
Floor Size
28m2
Land Size
1497m2
Local Government
Bayside
Lot/Plan
78/RP17483

Last Listing description (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.

Property History for 23/62-72 Bay Rd, Sandringham, VIC 3191

A timeline of how this property has performed in the market
Last Sold
$245,000
24 Feb 2024
Listed for Rent
$260/w
03 May 2022
  • 24 Feb 2024
    Sold for $245,000
  • 06 Dec 2023
    Listed for Sale $245,000
  • 03 May 2022
    Listed for Rent - Price not available
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About Sandringham 3191

The size of Sandringham is approximately 3.7 square kilometres. It has 17 parks covering nearly 17.5% of 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 6,544 properties. Over the last 5 years, Houses in Sandringham have seen a 15.07% increase in median value, while Units have seen a 12.53% increase. As at 30 November 2025:

  • The median value for Houses in Sandringham is $2,196,856 while the median value for Units is $832,868.
  • Houses have a median rent of $950 while Units have a median rent of $600.
There are currently 14 properties listed for sale, and 2 properties listed for rent in Sandringham on OnTheHouse. According to Cotality's data, 288 properties were sold in the past 12 months in Sandringham.

Suburb Insights for Sandringham 3191

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Cotality Copyright and Legal Disclaimers about Property Data
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.