Are you looking to purchase a home or investment property in Sandgate? As a Sandgate Buyer’s Agent, we’d be happy to help and have compiled the following suburb profile for your information. Best wishes with your Sandgate property purchase!
Sandgate is a bayside suburb located 19km North-East of the Brisbane CBD. Sandgate is bordered by the suburbs of Brighton, Bracken Ridge, Deagon and Shorncliffe.
The population of Sandgate in 2016 was around 4,893 and continues to grow. 60.9% of properties in Sandgate are owner occupied and consistent predominantly of professional couples (40-49 year olds) with children.
The main shopping, cafe and restaurant precinct can be found on Brighton Road and Rainbow Street – a short walk away from the train station.
Sandgate is located directly on Moreton Bay. While there is only a small patch of sandy beach, the parks along the waterfront are always busy, particularly on weekends.
Most houses in Sandgate are within walking distance to the waterfront.
Other large green areas in Sandgate include Curlew Park, Deagon Wetlands and Dowse Lagoon Reserve.
The vast majority (73%) of properties in Sandgate are free standing houses.
Sandgate is particularly well known for Queenslander houses. Some of the most beautiful Queenslanders are located along Flinders Parade and are overlooking the water.
Unfortunately, many properties located in streets closest to the water are subject to storm tide inundation. It is important to consult Council flood maps to check which streets and blocks are subject to flooding.
The median house price in Sandgate is $695,000 which is above Brisbane’s median.
The median house price in Sandgate would typically buy a fully renovated 3 bedroom, 2 bathroom house on a small block. For example: 261 Brighton Road, Sandgate – sold for $680,000 in July 2019 (click to view listingand see images below).
The median unit price inSandgate is:$418,000.
This amount would typically buy a fully renovated 2 bedroom, 1 bathroom, 1 garage unit in an older style complex. For example: 1/88 Eagle Terrace, Sandgate – sold for $420,000 in July 2019 (click to view listingand see images below).
In the last 5 years the median house price has increased by 19.8%. Over the last 10 years, house prices have increased by 3.9% per annum.
Unit prices in Sandgate have declined by 7.1% in the past 5 years. On average, over the last 10 years unit prices have decreased by 0.4% per annum.
**Statistics are accurate for December 2019
Find a better property at an even better price. Leave your property buying journey with our buyer’s agents – we’re Your Property Hounds.