INVESTMENT

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An Amazing Investment Opportunity
There is an increasing demand for high quality Bayside apartments, particularly in Sandringham. The Reserve offers an exceptional opportunity to secure an invaluable investment in this blue-chip location.
The benefits of investing in Sandringham:

  • Sandringham apartments annual capital growth 7.1% (Source – Your Investment Property Magazine, May 2016)
  • Sandringham apartments under 3% vacancy rate in the past three years (Source – Hometrack)

 

Million Dollar Suburb
As reported by the Real Estate Institute of Victoria (REIV) in the December quarter of 2015, Sandringham is one of only 59 Melbourne suburbs with a median house price in excess of $1.4 million dollars.

 

Rental Return
According to experienced real estate agent Virginia D’Ore from Real Wealth Property, a 1 bedroom apartment at The Reserve will achieve a rental income of between $380 and $520 per week, a 2 bedroom with achieve $575 to $840 per week and a 3 bedroom will achieve $850 – $950 per week.
Sandringham is composed of a high proportion of professionals, with 34.2% compared to the Victorian average of 22.3%.
 
 
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