Sandringham at a glance
11,504
People
$2,115,000
Median sale
$629/wk
Median rent
1.55%
Suburb gross yield
Median sale from 6 recorded sales (last 24 months) — a Districts calculation.
VIC › Sandringham › Codrington St
4
Bedrooms
2
Bathrooms
2
Car spaces
976 m²
Land
Districts View
No upside evidence detected in the data Districts holds for this lot.
No detected risks — but see the checklist: absence of evidence is not an all-clear.
Each line above is labelled. A fact is quoted from the named source, with its date. A calculation is worked out by Districts from those facts — you can check the arithmetic. An interpretation is Districts' opinion of what the evidence means, not a fact, a valuation, or advice. Anything we haven't retrieved yet is marked as missing rather than treated as a pass.
Price evidence
Last sold
No recorded sale price for this property yet.
Local land rate: recorded House sales in Sandringham (last 5 years) with land size have a median of $3,727/m² of land (n=8). Districts calculation from recorded sales — not a valuation.
Sandringham at a glance
11,504
People
$2,115,000
Median sale
$629/wk
Median rent
1.55%
Suburb gross yield
Median sale from 6 recorded sales (last 24 months) — a Districts calculation.
Planning
Planning data is being calculated
Data unavailable
Source
Planning facts are copied from official government GIS where available. Where an official property PDF exists (VicPlan, PlanBuild), Districts stores and serves that original document. Neither is a planning certificate, survey, or advice.
Site
Terrain has not been calculated for this property yet.
Slope is calculated on a projected metric grid from a public DEM clip of the official parcel. This is not a survey, engineering, or insurance assessment.
Flood exposure has not been retrieved from any source for this property yet. Unknown is not the same as clear.
Bushfire exposure has not been retrieved from any source for this property yet. Unknown is not the same as clear.
Heritage listing has not been retrieved from any source for this property yet. Unknown is not the same as clear.
Records
Events are recorded observations from public listings, kept with their source and date. Missing values are shown as unknown, never estimated.
Capital growth
VICPlanning layers have not been retrieved for this property yet. A suburb median or growth rate is not a reason this particular lot would outperform. Funded catalyst catchments are not loaded. A TOD badge is not this product.
Official flood overlay has not been retrieved (pending). Missing layer is unknown, not “no.” Victoria has no public statewide property-level DA API. Nearby pipeline is unknown.
Rental
No advertised rent is recorded. Suburb median rent $629/week — not this address. An inferred likely-rent range is not shown until official bond series are loaded for this dwelling type and bedrooms.
Current comparable rental listings within 400 m of this lot are not loaded. Victoria has no public statewide property-level DA API. Nearby pipeline is unknown. Supply pressure needs comparable listings near this lot plus a nearby DA pipeline. Neither is loaded. Suburb vacancy or leased-tape days are not this property’s competition.
Yield cannot be shown without both a price and a rent figure. Net yield is not estimated from gross advertising copy. Net yield / holding costs are not estimated outside NSW without inventing land tax.
Verdict
Districts view
Not enough official evidence yet to underwrite this as an investment.
Detail
The same ten questions apply to every property. Missing flood, nearby DAs, achieved rents, or lot geometry is unknown — not “no.”
Do not treat a suburb median, an advertised yield, or a listing score as the case for this lot.
The evidence loaded so far isn't enough on its own to change a buy, offer, or walk-away decision for this property.
Evidence
Districts asks the same ten questions of every property. If one shows as unknown, that data isn't published for this state or hasn't been loaded yet — the question stays visible so you can see exactly what's missing.
1 of 10 questions answered so far
Development optionality of this lot
UnknownPlanning layers have not been retrieved for this property yet.
Nearby development pipeline
UnknownArea
Sandringham at a glance
11,504
People
$2,115,000
Median sale
$629/wk
Median rent
1.55%
Suburb gross yield
Median sale from 6 recorded sales (last 24 months) — a Districts calculation.
Listing material
Listed by RT Edgar BaysideSold by - Michael Martin (Director RT Edgar)
Beautifully extended and located to deliver first-class family living and entertainment on a generous allotment of 976sqm (approx), this captivating Californian Bungalow occupies a sought-after position only minutes from Sandringham Village and the beach, yet feels wonderfully removed within lush, park-like gardens and a private pool setting alive with birdsong. Mature greenery and a generous north-facing frontage under a peaceful oak create a remarkable atmosphere of serenity, making the home feel quietly secluded despite its prized beachside proximity.
Period character is retained through leadlight sash windows, polished timber floors, and intricate timber fretwork that honour the original home's elegance. The central hall introduces a versatile layout, beginning with a gracious sitting room and a dedicated home office highlighted by a striking bay window, before the layout transitions naturally into expansive living and dining zones designed to engage with the garden surroundings.
French glass doors extend the main living domain to a substantial wraparound deck and pool, allowing everyday living to spill outdoors and transforming the rear garden into an exceptional environment for entertaining. Mature trees form a privacy wall around the lawns, while a charming cubby house, echoing the main home's charm, adds a playful element for younger family members, complemented by a garden studio. The well-appointed kitchen, finished with stone bench tops and premium appliances, maintains a clear connection to both indoor and outdoor zones, while a large adjoining laundry with courtyard access through the carport provides valuable additional preparation space during larger occasions.
Accommodation is thoughtfully arranged across two levels, with the ground floor incorporating two bedrooms with built-in robes, including a superb main suite enjoying a northern aspect, a walk-in robe and a spacious ensuite. Stunning leadlight leads up the stairwell to two additional bedrooms with extensive storage, along with a bright bathroom and a large third living area. Electric gates, ample off-street parking, ducted heating and cooling, irrigation, ample storage, and a secure side yard further enhance this idyllic family retreat, close to Sandringham College, Firbank, transport, and the yacht club.
Listing description written by Michael Martin, RT Edgar Bayside — reproduced as published, not verified by Districts.
Victoria has no public statewide property-level DA API. Nearby pipeline is unknown.
Honest achievable rent
KnownlowThis is not “bond data says this address leases for $X.” The comparable figure is a suburb advertised/median rent, not this property. Official bond files (postcode or suburb × type × bedrooms) are not loaded yet.
Rental supply pressure
UnknownSupply pressure needs comparable listings near this lot plus a nearby DA pipeline. Neither is loaded.
Why is this cheap?
UnknownThe constraint stack has not been retrieved for this lot, so Districts cannot explain a discount versus land size.
Lot-level flood
UnknownOfficial flood overlay has not been retrieved (pending). Missing layer is unknown, not “no.”
Catalyst exposure
UnknownFunded catalyst catchments are not loaded. A TOD badge is not this product.
This lot's DA history
UnknownDevelopment applications have not been queried for this parcel.
Statutory land value versus ask
UnknownStatutory land value is not available as free bulk data in this jurisdiction. Do not fake it with a suburb median.
Net yield / holding costs
UnknownNet yield / holding costs are not estimated outside NSW without inventing land tax.