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This property has been sold for $3,100,000 on 18 Aug 2026
139 days on market
Market context at sale
Listing journey
EssentialsThis property went through a full listing campaign over 139 days on market. See what it first asked, every reduction along the way, and what it finally sold for.
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Property overview
This 3-bedroom apartment at 701/212 Bay Road in Sandringham, VIC 3191 sold for $3.1M in August 2026, with 3 bathrooms and parking for 2. It offers 74 m2 of internal living space. Sandringham sits about 16 km from the CBD, where the median unit price is $710K. Council data shows no flood or bushfire overlay on the site. There are 42 schools within roughly 5km, and the area scores 68 for walkability and 96 for transit out of 100.
A plain-language read on this listing (Strong, Monitor or Caution) drawn from its asking price, valuation gap, yield and suburb trend.
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Based on $3,100,000 asking signal.
Signals use available listing and suburb data. They are not personal financial advice.
Listed
Updated
Days on market
139
Investment Score
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Sandringham at a glance
Unit market signals | VIC 3191
Median
$710K
Market signals
To CBD
16 km
Est. Valuation
$796,494
Potential Sell Price
Est. Rent/wk
$700
Potential Gross Yield
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Addresses, sold dates, days on market, sold vs asking spreads, plus the subject vs median verdict for each row.
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Key Highlights
Planning Overlays
No Overlays Detected
Subdivision & Development Potential
Indicative assessment only. Consult your local council planning department for definitive subdivision information.
From the listing description
Facts the agent has stated in the property description. Each item is attributed - click “View source” to see the original wording and verify against the listing.
Total Cost to Purchase
- Purchase Price
- $3,100,000
- Stamp Duty (Victoria)
- $181,500
- Transfer/Registration Fee
- $2,500
- Legal & Conveyancing (est.)
- $2,000
- Building & Pest Inspection (est.)
- $700
- Total Cash Required
- $3,286,700
Estimates only. Assumes investment property, standard rates. Verify with your conveyancer.
Listing Details
- Density
- High Density
- Listed
- Last Updated
- Postcode
- 3191
- Original listing
- Original listing is on paid plans
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How accurate are AU property valuations?
Four providers benchmarked against 14,000 sold prices. MAE 6.82% to 11.24%, all biased high.
Where Australian property prices are rising and falling in 2026
Capital growth across 12,000+ tracked suburbs: WA +12%, VIC +3.9%, plus the picture in every other state.
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