What is the true cost of buying an apartment in Sandringham?

The median apartment in Sandringham is $680,000. Including stamp duty ($25,130), strata, council rates, insurance, and mortgage repayments, the true first-year cost is approximately $53,756, or $4,480/month.

What does it really cost to buy a house in Sandringham?

The median house in Sandringham is $1,150,000. True first-year cost including stamp duty ($46,280), rates, insurance, maintenance, and mortgage repayments is approximately $80,630.

What is the vacancy rate in Sandringham?

Sandringham currently has a vacancy rate of 2.1%. Properties average 38 days on market.

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True Cost of Buying in Sandringham

2219 NSW · 22km to CBD

Stable

Market Intelligence

Sandringham, NSW 2219, is a charming suburb that offers a unique blend of lifestyle and investment opportunities. With a median house price of $1,150,000 and a median unit price of $680,000, Sandringham is positioned as a premium suburb with a strong demand for housing. The suburb's walkability score of 58.0/100 indicates that residents can easily access local amenities, including schools, shops, and public transport. The schools rating of 7.0/10 and safety rating of 8.0/10 make Sandringham an attractive option for families. From an investment perspective, Sandringham's investment score of 72.0/100 and growth potential of 74.0/100 suggest a strong potential for long-term capital growth. The rental yield of 3.8% for houses and a relatively low vacancy rate of 2.1% also make Sandringham an attractive option for investors. While the suburb is located 22.0 km from the CBD, its strong local amenities and transport links make it an desirable location for those who want to balance lifestyle and convenience.

High median house and unit prices indicating strong demandGood schools rating making it attractive to familiesStrong safety rating providing peace of mind for residentsGood investment score and growth potential for long-term capital growthRelatively low vacancy rate making it attractive to investors

Market Snapshot

Median House

$1.1M

+4.2% 1yr

Median Apartment

$680K

+3.8% 1yr

Median Townhouse

$920K

Vacancy Rate

2.1%

38 avg DOM

Yield (Apartment)

4.5%

Yield (House)

3.8%

Auction Clearance

68%

Population

4,800

True Cost Breakdown

Based on median prices · 20% deposit · 6.5% interest · 30-year term · Owner-occupier

Apartment

$4,480/mo

Purchase Price

$680,000

Stamp Duty

$25,130

1st Year Total

$53,756

House

$6,719/mo

Purchase Price

$1,150,000

Stamp Duty

$46,280

1st Year Total

$80,630

Townhouse

$5,494/mo

Purchase Price

$920,000

Stamp Duty

$35,930

1st Year Total

$65,924

Run Your Own Numbers

These are median figures. Plug in the actual property you're looking at to see your real all-in cost — including first-home concessions, investment deductions, or different deposit amounts.

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