78 Vincent Street, Sandringham VIC 3191

Near-new luxury family residence | Premium Bayside location | Resort-style pool and outdoor kitchen | Five bedrooms plus study | Strong school zoning This property occupies a rare position in the Sandringham upper family market: a near‑new house with five bedrooms, a study, a pool and a dedicated outdoor kitchen on a 569 sqm block. Such turnkey luxury with resort‑style entertaining provision is seldom available, especially within the catchments of Sandringham East Primary and Sandringham College. For buyers seeking immediate occupation without compromise on space or lifestyle amenity, this house offers a compelling entry into Bayside’s premium tier. The primary risk lies in current pricing relative to the 2024 sale and estimated value range. The advertised level suggests a markup that may exceed what comparable sales can support, particularly given building coverage is low at only 28% and internal floor area is a modest 162 sqm for a five‑bedroom home. However, that low coverage also leaves scope for future extension or landscaping – an opportunity not available with tighter site constraints. The absence of heritage, flood or bushfire overlays reduces holding risk, while the HFC NBN connection is adequate alongside 5G mobile. A cautious buyer should test vendor motivation against recent market data before proceeding.