316 Bluff Road, Sandringham, VIC 3191 | Property Value & History | OnTheHouse
 
OFF MARKET

316 Bluff Road
Sandringham VIC 3191

Bedrooms: -
Bathrooms: -
Car spaces: -
Floor area: 63m2
Land area: 204m2
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Property Details for 316 Bluff Rd, Sandringham

Building Type
Commercial
Floor Size
63m2
Land Size
204m2
Local Government
Bayside
Lot/Plan
6/LP12091

Last Listing description (July 2021)

FIRST TIME OFFERED IN OVER 50 YEARS!!

Nichols Crowder is thrilled to offer to the market a rare shop and dwelling situated in the tightly held bayside suburb of Sandringham.

This wonderful opportunity allows the buyer to both capitalise and value-add to a property that needs some work.

Positioned near the corner of Bluff and Bay Roads, the property is approximately 1.5km from Sandringham shops, beach and train station as well as several schools, parks and reserves.

Key features include:

* Single level shop & attached residence
* Ability to lease out separately
* Total building area: 113sqm*
* Total land area: 245sqm*
* Shop front area: 55sqm*
* Rear laneway access
* Commercial 1 zoning
* Offered with vacant possession
* Suit both owner occupiers & investors
* Currently rented until 27th September with no options
* Tenant pays: $23,460 p.a. (net)
* Sandringham now boasts a huge median house price of $1.855M
* Ideal for future re-development (STCA)

For further details or to arrange an inspection please contact the exclusive selling agent:

James Glen 0401 493 277

PLEASE NOTE:

* Inspections are carried out in accordance with strict Covid-19 Directions. For further details contact the Estate Agent.

* All information and measurements are approximates. All images subject to copyright. Unauthorised use is strictly prohibited.

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Property History for 316 Bluff Rd, Sandringham, VIC 3191

A timeline of how this property has performed in the market
Last Sold
$820,000
16 Jul 2021
Listed for Rent
$383/w
20 Nov 2014
  • 16 Jul 2021
    Sold for $820,000
  • 11 Jun 2021
    Listed for Sale Contact Agent
  • 10 Sep 2014
    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 6,541 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 5 properties listed for rent in Sandringham on OnTheHouse. According to Cotality's data, 304 properties were sold in the past 12 months in Sandringham.

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© 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.

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