Unlocking Sandringham's Phenomenal Growth

Sandringham, nestled within the picturesque Bayside area of Melbourne, has emerged as a hotbed for real estate growth and investment opportunities. Over the past year, this idyllic suburb has experienced an unprecedented surge of 59% in property prices, showcasing its undeniable potential and allure to prospective investors and homeowners alike.

The Growth Story

In the first quarter of 2023, property prices in Sandringham were recorded at a modest $670,000. However, fast forward to the end of the fourth quarter of the same year and these prices skyrocketed to an impressive $1,013,000. This exponential trajectory exemplifies the rapid appreciation of property values within the suburb, painting a compelling picture for those seeking to capitalise on this flourishing market.

Recent sales data further corroborates the unprecedented growth witnessed in Sandringham. Numerous transactions have occurred at record-breaking prices, reflecting the sustained demand and competitive nature of the local real estate landscape. From charming family homes to luxurious waterfront residences, properties across Sandringham have been fetching premium prices, signalling the desirability and investment potential of the area.

Demographic and Economic Insights

Sandringham's vibrant community comprises a total adult population of 9,192 individuals, with a median age of 47. The economic pulse of Sandringham beats steadily, with households boasting a median monthly income of $9,252. This financial stability is further underscored by the median monthly mortgage repayment of $2,708, indicating a community that values homeownership and investment in real estate.

Cornus Sandringham

Amidst Sandringham's phenomenal growth, Cornus Developments introduces Cornus Sandringham, a beacon of modern living in this thriving suburb. With construction set to commence in the coming weeks, now is the opportune moment to secure your slice of paradise in this sought-after locale.

Why Cornus Sandringham

1. Location Appeal: Situated within the coveted Bayside area on Beach Road, Cornus Sandringham offers residents a harmonious blend of coastal charm and urban convenience. Its proximity to pristine beaches, reputable schools and vibrant dining precincts makes it an irresistible destination for families and professionals alike.
2. Luxurious Living: Designed to elevate your lifestyle, Cornus Sandringham boasts a range of meticulously crafted apartments that redefine modern living. From sleek finishes to panoramic views, each residence is thoughtfully designed to exceed expectations.
3. Investment Potential: With prices on an upward trajectory and available stock dwindling, there has never been a better time to invest in Cornus Sandringham. Whether you're seeking a sound investment opportunity or envisioning your dream coastal abode, seize the moment and secure your future in this thriving community.

As we prepare for construction about to commence, we're delighted to extend remarkable stamp duty savings on our Sandringham apartments. First Home Buyers (FHB) seize the opportunity to pay zero stamp duty on properties priced at $1,109,000 or $925,000, with savings of up to $60,995 and $50,570, respectively, making homeownership more attainable than ever. Similarly, Owner-Occupiers envisioning these properties as their Primary Place of Residence (PPR) can enjoy significant savings of up to $50,736 and $42,638, respectively. Don't let this golden opportunity slip away! 

Sandringham's dynamic growth trajectory presents a compelling opportunity for investors and homebuyers alike. Its diverse demographic profile, robust economic foundation, and promising property market dynamics beckon individuals to embrace the future with Cornus Sandringham. Luxury meets lifestyle in the heart of Melbourne's most sought-after locale.

For personalised assistance and to explore the diverse range of properties available at Cornus Sandringham, contact Marcus on 0488 845 332 to schedule a visit to our on-site display suite. Don't miss out on the chance to be part of this thriving community and embark on your journey towards a prosperous future in Sandringham.

*Please refer to the Federal and State Government websites for further information. Terms and Conditions apply to any other promotions that may be contained within this communication. Please enquire within and check with the vendor and agent for further terms and conditions. Only one promotion can be used per purchase and can not be used in conjunction with any other promotions. The information contained herein is given for general information purposes only and it is subject to change. Readers, viewers and consumers are advised to perform their own research and investigations and obtain their own financial, legal and other advice. The information and materials do not form any representation by any vendors or agents of any vendors and may include third-party opinions that do not represent the opinion of any vendor or agent. They do not form part of any contract of sale and they do not constitute legal, financial, real estate or other advice and must not be regarded or relied upon as such. No warranty is given either expressly or implied and the vendors or agents do not assume liability for negligence or otherwise with respect to the contents herein. Any plans are yet to have had their structural and services review so are subject to change prior to completion of construction. All plans, dimensions, areas and particulars herein whether by measurements or visual representation are approximate only, for general information only, and do not constitute any representation by the vendor or its agents or representatives. They do not form part of any contract of sale. Changes will undoubtedly be made during development and dimensions, fittings, finishes and specifications are therefore subject to change. Any furniture, goods and chattels depicted in this document are not included with any sale. Prospective purchasers or lessees are advised to not to rely on the information contained herein and to satisfy themselves as to the accuracy of all information given by making their own inspections, searches, inquiries and advises or as is otherwise necessary. The vendor or its agents or representatives will not be responsible for any error or misdescription which may appear. Further, the vendor or the developer or their agents or representatives do not represent, warrant and/or guarantee that the integrity of this communication has been maintained or that the communication is free of errors, virus, interception or interference. Usage of this or any other websites and materials and any associated website or material is subject to further terms and conditions.