Sandwich panels are made of two materials that are relatively weak in their separated state, but are improved when they are constructed together in a sandwich panel. Sandwich panels can be used for almost any section of a building including roofs, walls and floors. These building components are regularly required to provide insulation properties, weatherproofing properties and durability in addition to providing structural load bearing characteristics. Polystyrene/cement mixed cores and thin cement sheet facings sandwich panels are Australian products made of cement-polystyrene beaded mixture encapsulated between two thick cement board sheets. The structural properties of sandwich panels constructed of polystyrene/cement cores and thin cement sheet facings are relatively unknown. Therefore, in this study, to understand the mechanical behaviour and properties of those sandwich panels, a series of experimental tests have been performed and the outcomes have been explained and discussed. Based on the results of this study, values for modulus of elasticity and ultimate strength of the sandwich panels in dry and saturated conditions have been determined and proposed for practical applications.