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

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

	unit 4, 6 afton way, aspendale, vic, 3195	3	2	2	$950,000 - $980,000
	unit 2, 1a foster st, aspendale, vic, 3195	1	1	1	$750,000 - $790,000
	unit 9, 120-122 nepean hwy, aspendale, vic, 3195	2	1	1	$600,000 - $640,000
	181 station st, aspendale, vic, 3195	3	1	2	$1,200,000 - $1,300,000
	unit 2, 7 kara gr, aspendale, vic, 3195	3	2	2	$3,100,000 - $3,400,000
	unit g01, 201 nepean hwy, aspendale, vic, 3195	2	2	1	$650,000 - $720,000
	unit 3, 8 bona vista av, aspendale, vic, 3195	4	3	6	$3,400,000 - $3,600,000
	205 nepean hwy, aspendale, vic, 3195	3	1	1	$980,000
	1 alfred st, aspendale, vic, 3195	4	2	2	1375000

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General Points of Interest

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