7/62-72 Bay RoadSandringham VIC 3191
Property Details for 7/62-72 Bay Rd, Sandringham
7/62-72 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 55m2. While the property is not currently for sale or for rent, it was last sold in October 2015.
Last Listing description (November 2023)
Invest in the Bayside lifestyle with this neat studio apartment providing the perfect bolt hole or no maintenance investment, ideally located within sight of the train just moments from the heart of vibrant Sandringham village. Only 400m to Sandringham beach at the end of the road, allowing for an easy commute into Melbourne CBD. Perfect as an investment property as we currently have a wonderful tenant until June 2024 paying $1,304 pcm,and with a very low Owners corp paid up until JUly 2024 the return on investment is currently better than 6%, it could also be used as a great base close to the City, or give the kids a clever start in the market!
Bright and modern with white and neutral dcor throughout, the compact floorplan includes divided living and bedroom area with split system reverse cycle air-conditioner, built-in cabinetry and electric log fire. The adjacent kitchen boasts stainless steel electric oven, gas cooktop, and dishwasher, plus Euro laundry, while the stylish bathroom includes a large shower, vanity and toilet. Featuring a car space on title (although the car is not a requirement when everything is at your doorstep), secure intercom entry, and bay views from the communal alfresco areas where you can sit and soak up the sun & sea breeze.
Currently leased to an impeccably neat professional tenant, who is prepared to stay on should an investor purchase or move on for an owner occupier. Don't miss this opportunity to purchase a lovely compact home in this much sought-after location, with shopping, cafs, medical centres, Bay Trail, and Southland Shopping also close by.
For more information about this easiest entry point into the Bayside property market, please call Peter Hickey or Misty White at Buxton Sandringham.
Property History for 7/62-72 Bay Rd, Sandringham, VIC 3191
- 28 Jul 2023Listed for Sale $260,000 - $275,000
- 16 May 2023Listed for Rent $300 / week
- 04 Jan 2022Listed for Rent - Price not available
Recent sales nearby
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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.
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