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Aspendale
VIC, 3195 - Kingston (Vic.)

Thinking about buying in Aspendale? Now could not be a better time, with 3775 residential properties there's certainly plenty to choose from. The average property price in this area is in the region of $1,630,000 with prices in this suburb ranging from $429,000 to $9,372,000. Aspendale is located very near to the coast so expect stunning views of the ocean and access to beaches. Demand is likely to be very strong in this location which will support higher prices

Household Makeup

Median Weekly Rent $459.15
Median Monthly Mortgage $2361.22
Median Persons Per Bedroom 0.83
Average Household Size 2.67
Average Age 41.52
Average Income $1009.74
Average Cars Per Dwelling 1.88
Average Properties Within 50M 21

Housing Stock

Average Property Prices

1 Bed  $1,061,000
2 Bed  $1,087,000
3 Bed  $1,594,000
4 Bed  $1,908,000
5 Bed  $2,319,000
6 Bed+$2,200,000

Aspendale Real Estate Market Outlook

Prices are above market average and increase steadily under persistent demand. A more sustainable rate of price growth is anticipated in the short to medium term. High average incomes in Aspendale ensure a focus on quality with a commensurate high entry price under constant demand. Competition for available quality housing is intense with multiple offers likely to be made in excess of asking prices. The high percentage of professional people in Aspendale classifies the area as "gentrified". This implies high demand for quality housing, generally of larger than average size. Price growth is ensured even where the state affordability index is negatively impacting other areas. High density population in Aspendale requires consistent turnover in housing ensuring constant demand. Housing styles may be a mix of low, medium, and high density, providing choice for well-financed buyers and value growth over time. Lower than average industry presence in Aspendale we believe will be less of a negative impact than it has in the past. Post-COVID and the growth in working from home has lessened the demand for local employment options. This may make Aspendale a better buying opportunity than it may have been in the past.

Houses for sale Aspendale

Belle Property unit 4, 6 afton way, aspendale, vic, 3195 Beds3 Bathrooms2 Parking 2 $950,000 - $980,000
Belle Property unit 2, 1a foster st, aspendale, vic, 3195 Beds1 Bathrooms1 Parking 1 $750,000 - $790,000
Belle Property unit 9, 120-122 nepean hwy, aspendale, vic, 3195 Beds2 Bathrooms1 Parking 1 $600,000 - $640,000
Belle Property 181 station st, aspendale, vic, 3195 Beds3 Bathrooms1 Parking 2 $1,200,000 - $1,300,000
Belle Property unit 2, 7 kara gr, aspendale, vic, 3195 Beds3 Bathrooms2 Parking 2 $3,100,000 - $3,400,000
Belle Property unit g01, 201 nepean hwy, aspendale, vic, 3195 Beds2 Bathrooms2 Parking 1 $650,000 - $720,000
Belle Property unit 3, 8 bona vista av, aspendale, vic, 3195 Beds4 Bathrooms3 Parking 6 $3,400,000 - $3,600,000
OneAgency 205 nepean hwy, aspendale, vic, 3195 Beds3 Bathrooms1 Parking 1 $980,000
Ray White 1 alfred st, aspendale, vic, 3195 Beds4 Bathrooms2 Parking 2 1375000

Local Schools

Yarrabah School

Aspendale Primary School

Mordialloc College

St Louis de Montfort's School

St Brigid's School

Mordialloc Beach Primary School

Aspendale Gardens Primary School

Edithvale Primary School

Parkdale Primary School

(While the above schools are located with the suburb of Aspendale there may also be nearby schools whose catchments cover this suburb)

Local Crime Rate

Incidents Trend State Average

We are currently collecting information for this location.

Aspendale weather - Average Local Climate by month

(mm)
RAIN
Min (°C)
TEMP
Max (°C)
TEMP
Min (%)
HUMIDITY
Max (%)
HUMIDITY
(m/sec)
WIND
(MJ/sq m)
SOLAR
Jan1.515.026.942.886.14.925.0
Feb1.715.126.445.087.04.721.1
Mar1.414.024.247.387.94.516.3
Apr2.111.120.75191.33.911.8
May1.89.017.257.190.84.28.5
Jun1.86.714.663.893.53.97.3
Jul1.76.814.360.590.84.87.5
Aug1.87.314.956.390.25.010.2
Sept1.98.717.650.589.45.014.6
Oct2.09.820.448.289.94.719.6
Nov2.511.822.347.088.74.822.8
Dec2.213.524.744.187.24.825.7

source: Australian Government Bureau of Meteorology


Internet Speed

Download 25 Mbps / Upload 5 Mbps

Nearby Suburbs

Aspendale GardensEdithvaleMordiallocWaterwaysBraesideChelsea HeightsChelseaParkdaleMoorabbin AirportBonbeach

Public Transport


General Points of Interest

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