All About Aspendale Gardens, Kingston (Vic.), VIC, 3195

Aspendale Gardens, a suburb located within the Kingston region of Victoria, offers a particularly attractive housing market that has been drawing the attention of both families and investors. Known for its serene environment and proximity to the beach, Aspendale Gardens provides a mix of modern homes and well-established properties, contributing to a stable and desirable real estate market. In recent years, the suburb has experienced moderate growth in property values, reflecting a consistent demand driven by its appealing lifestyle offerings. The market typically features a range of options from spacious family homes to contemporary townhouses, catering to a variety of preferences and budgets. With continued interest from buyers seeking a blend of urban convenience and coastal tranquility, Aspendale Gardens remains a vibrant component of the Kingston area's real estate landscape.

Living in Aspendale Gardens is characterized by its family-friendly atmosphere and connection to nature, making it an ideal community for those looking to enjoy a peaceful suburban lifestyle. The suburb is adorned with lush parks and reserves, including the picturesque wetlands that add to its charm and provide residents ample opportunities for outdoor activities like walking and cycling. The local community is close-knit and active, supported by quality schools, convenient shopping centers, and a range of recreational facilities. Additionally, its strategic location offers easy access to Melbourne's CBD via rail and road, making it a convenient choice for commuters. The combination of a tranquil environment, community spirit, and modern amenities makes Aspendale Gardens a highly appealing place to call home.

Aspendale Gardens Real Estate Market Outlook

Thinking about buying in Aspendale Gardens? Now could not be a better time, with 2744 residential properties there's certainly plenty to choose from. The average property price in this area is in the region of $1,379,000 with prices in this suburb ranging from $284,000 to $2,720,000. Aspendale Gardens is located fairly close to the coast at just 0Km so as well as great views of the ocean and access to beaches, demand and valuations are likely to be a bit higher here.

Consistent high demand relative to supply is a key feature in Aspendale Gardens driving regular price increases. Recent rapid price increases however may constrain future growth by limiting demand. High average incomes in Aspendale Gardens 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. A mix of professions and above average income earners in Aspendale Gardens provides good demand. The lower than average housing turnover of these people also means fewer regular listings leading to periodic large price increases. High density population in Aspendale Gardens 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 Gardens 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 Gardens a better buying opportunity than it may have been in the past.

Instant Property Valuation

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Public Transport

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General Points of Interest

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