241/218 Bay RoadSandringham VIC 3191
Property Details for 241/218 Bay Rd, Sandringham
241/218 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 45m2. While the property is not currently for sale or for rent, it was last sold in May 2024.
Last Listing description (May 2017)
Style, space and prized corner location is here for the smart investor or first home buyer. This shiny near new apartment is very low maintenance and located on the corner of a landmark building 'The Bay'.
This spacious one bedroom apartment is securely leased until August 2017, and is returning approx. 6.7% (after NRAS Rebate/subsidy.) An abundance of light streams into this corner apartment with sweeping vistas of the South and East. This modern quality built apartment includes alfresco balcony, stone and stainless-steel finishes to kitchen and bathroom, spacious bedroom with built in robes, twin shower, Euro laundry, video security intercom, twin lift access, car park, storage cage and roof top garden terrace with BBQ area.
Walking distance to Southland, schools, transport, shops and some of Bayside's best beaches. Whether you are a savvy investor looking to add an easy to manage, low maintenance investment with above average returns, or a first home buyer looking to break into the Sandringham market then this chic apartment should be on your short list.
Property History for 241/218 Bay Rd, Sandringham, VIC 3191
- 08 May 2024Sold for $345,000
- 07 Apr 2017Sold for $335,000
- 03 Feb 2017Listed for Sale Contact Agent
Recent sales nearby
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0About 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 6,598 properties. Over the last 5 years, Houses in Sandringham have seen a -6.81% decrease in median value, while Units have seen a 5.38% increase. As at 30 June 2026:
- The median value for Houses in Sandringham is $2,186,787 while the median value for Units is $863,924.
- Houses have a median rent of $1,350 while Units have a median rent of $620.
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