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.
Median Weekly Rent | $455.69 |
Median Monthly Mortgage | $1850.69 |
Median Persons Per Bedroom | 0.83 |
Average Household Size | 2.85 |
Average Age | 43.85 |
Average Income | $832.31 |
Average Cars Per Dwelling | 2.09 |
Average Properties Within 50M | 22 |
2 Bed  $789,000 |
3 Bed  $1,296,000 |
4 Bed  $1,566,000 |
5 Bed  $1,828,000 |
6 Bed+$1,707,000 |
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.
19 BIANCA DR, ASPENDALE GARDENS, VIC, 3195 | 3 | 2 | 2 | 950000 |
Aspendale Gardens Primary School
St Louis de Montfort's School
Yarrabah School
Aspendale Primary School
Mordialloc College
Edithvale Primary School
St Brigid's School
Mordialloc Beach Primary School
Chelsea Heights Primary School
(While the above schools are located with the suburb of Aspendale Gardens there may also be nearby schools whose catchments cover this suburb)Incidents Trend State Average
(mm) RAIN | Min (°C) TEMP | Max (°C) TEMP | Min (%) HUMIDITY | Max (%) HUMIDITY | (m/sec) WIND | (MJ/sq m) SOLAR | |
---|---|---|---|---|---|---|---|
Jan | 1.5 | 15.0 | 26.9 | 42.8 | 86.1 | 4.9 | 25.0 |
Feb | 1.7 | 15.1 | 26.4 | 45.0 | 87.0 | 4.7 | 21.1 |
Mar | 1.4 | 14.0 | 24.2 | 47.3 | 87.9 | 4.5 | 16.3 |
Apr | 2.1 | 11.1 | 20.7 | 51 | 91.3 | 3.9 | 11.8 |
May | 1.8 | 9.0 | 17.2 | 57.1 | 90.8 | 4.2 | 8.5 |
Jun | 1.8 | 6.7 | 14.6 | 63.8 | 93.5 | 3.9 | 7.3 |
Jul | 1.7 | 6.8 | 14.3 | 60.5 | 90.8 | 4.8 | 7.5 |
Aug | 1.8 | 7.3 | 14.9 | 56.3 | 90.2 | 5.0 | 10.2 |
Sept | 1.9 | 8.7 | 17.6 | 50.5 | 89.4 | 5.0 | 14.6 |
Oct | 2.0 | 9.8 | 20.4 | 48.2 | 89.9 | 4.7 | 19.6 |
Nov | 2.5 | 11.8 | 22.3 | 47.0 | 88.7 | 4.8 | 22.8 |
Dec | 2.2 | 13.5 | 24.7 | 44.1 | 87.2 | 4.8 | 25.7 |
source: Australian Government Bureau of Meteorology
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