240/218 Bay Road, Sandringham, VIC 3191 | Property Value & History | OnTheHouse
 
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240/218 Bay Road
Sandringham VIC 3191

Bedrooms: 1
Bathrooms: 1
Car spaces: 1
Floor area: 47m2
Land area: 4208m2
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Last updated 9 Mar 2026
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Property Details for 240/218 Bay Rd, Sandringham

240/218 Bay Rd, Sandringham is a 1 bedroom, 1 bathroom Unit with 1 parking spaces and was built in 2014. The property has a land size of 4208m2 and floor size of 47m2. While the property is not currently for sale or for rent, it was last sold in February 2013.

Building Type
Unit
Year Built
2014
Floor Size
47m2
Land Size
4208m2
Local Government
Bayside
Lot/Plan
240/PS706194

Last Listing description (March 2024)

*The advertising photos are mirrored*

DISCLOSURE:
1. This property comes with a CAR STACKER and induction fees apply

2. THIS IS AN NRAS PROPERTY & YOU MUST MEET CERTAIN CRITERIA IN ORDER TO APPLY.
If you would like to know the NRAS eligibility and relevant application documents, please email pm3.oa@xynergy.com.au
3. The NRAS program for the property will be expired on 05 November 2024.

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Located in the heart of Sandringham, this apartment is in a convenient central location and is only moments to the Sandringham beach and Southland Shopping Centre - close to a bus stop and train station!

This one-bedroom, one-bathroom apartment offers a kitchen with gas hot plates, a wall oven, a pantry, a dishwasher & plenty of bench space. Euro laundry, extra large living area leads to the enclosed private balcony! Features: reverse cycle air conditioning, good-sized balcony, elevators, car stacker* & storage cage.

Amenities: residents' lounge and BBQ terrace

PLEASE NOTE:
Open for inspections are subject to change and cancellations without notice, registering your details will ensure you are instantly notified. Pictures are for illustration purposes only.

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Property History for 240/218 Bay Rd, Sandringham, VIC 3191

A timeline of how this property has performed in the market
Last Sold
$365,000
25 Feb 2013
Listed for Rent
$313/w
29 Mar 2023
  • 12 Mar 2024
    Listed for Rent $320 / week
  • 27 Feb 2023
    Listed for Rent $313 / week
  • 06 Jan 2015
    Listed for Rent $276 / week
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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 6,541 properties. Over the last 5 years, Houses in Sandringham have seen a 10.47% increase in median value, while Units have seen a 15.40% increase. As at 28 February 2026:

  • The median value for Houses in Sandringham is $2,248,857 while the median value for Units is $859,046.
  • Houses have a median rent of $995 while Units have a median rent of $590.
There are currently 22 properties listed for sale, and 3 properties listed for rent in Sandringham on OnTheHouse. According to Cotality's data, 294 properties were sold in the past 12 months in Sandringham.

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Cotality Copyright and Legal Disclaimers about Property Data

© Copyright 2026. RP Data Pty Ltd trading as Cotality (Cotality). All rights reserved. No reproduction, distribution, or transmission of the copyrighted materials is permitted. The information is deemed reliable but not guaranteed.

Disclaimer
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