518/220 Bay Road, Sandringham, VIC 3191 | Property Value & History | OnTheHouse
OFF MARKET

518/220 Bay Road
Sandringham VIC 3191

Bedrooms: 2
Bathrooms: 2
Car spaces: 2
Floor area: 51m2
Land area: 23457m2
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Property Details for 518/220 Bay Rd, Sandringham

518/220 Bay Rd, Sandringham is a 2 bedroom, 2 bathroom Unit with 2 parking spaces and was built in 2014. The property has a land size of 23457m2 and floor size of 51m2. While the property is not currently for sale or for rent, it was last sold in April 2024.

Building Type
Unit
Year Built
2014
Floor Size
51m2
Land Size
23457m2
Local Government
Bayside
Lot/Plan
2518/PS631843

Last Listing description (April 2024)

This top-floor penthouse encapsulates spacious living with a nod to sleek sophistication and designer elegance, setting the stage for a home that's as inviting as it is luxurious. The expansive living and dining room, bathed in natural light, extends through sliding doors to a generous entertaining terrace, where the city skyline provides an impressive, ever-changing vista. In the kitchen, avid chefs will love the ample space, full suite of high-end appliances, and stone benchtops, ideal for both whipping up everyday meals and preparing elaborate culinary feasts for larger events.

Retreat to the main bedroom, which echoes the chicness of a boutique hotel with its sizeable footprint, ensuite bathroom with dual vanities, and a study nook seamlessly integrated into the design. Two further bedrooms offer built-in robes, and one enjoys the privilege of private balcony access. A second bathroom services these two rooms.


Comfort is at the forefront with ducted heating and cooling, a European laundry, and the warmth of polished floorboards underfoot. Enhanced security is provided via intercom entry, while vehicle and storage needs are more than met with two car spaces and two storage cages.

Resident-exclusive amenities complement the inherent appeal, including exclusive use of a pool, gym, spa and function room. The convenience factor is heightened with an on-site IGA for quick grocery runs and a medical centre to ensure health needs are easily managed. Its also close to Sandringham Village, Southland Shopping Centre, buses, trains, local schools and Bay Road Reserve, which is less than 200 metres away.

This penthouse is an ideal solution for those seeking a stylish lock-up-and-leave lifestyle in a second-to-none location that promises both comfort and convenience, making it an excellent choice for those looking to nest or invest.


We donate a portion of our fee from every property transaction to the Woodards Foundation to support people experiencing homelessness, family violence and social isolation.

Property History for 518/220 Bay Rd, Sandringham, VIC 3191

A timeline of how this property has performed in the market
Last Sold
$1,040,000
11 Apr 2024
Listed for Rent
$875/w
06 Jun 2022
  • 11 Apr 2024
    Sold for $1,040,000
  • 04 Apr 2024
    Listed for Sale $970,000 - $1,040,000
  • 03 May 2022
    Listed for Rent $875 / 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 6,548 properties. Over the last 5 years, Houses in Sandringham have seen a 16.59% increase in median value, while Units have seen a 12.69% increase. As at 31 January 2026:

  • The median value for Houses in Sandringham is $2,245,926 while the median value for Units is $824,056.
  • Houses have a median rent of $993 while Units have a median rent of $600.
There are currently 22 properties listed for sale, and 2 properties listed for rent in Sandringham on OnTheHouse. According to Cotality's data, 302 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.