All About Mordialloc, Kingston (Vic.), VIC, 3195

Mordialloc, a suburb of Kingston in Victoria, offers a dynamic and evolving housing market, often attracting a mix of young professionals, families, and retirees. This coastal suburb has experienced steady growth over the years, fueled by its appealing seaside location, vibrant community atmosphere, and excellent amenities. Buyers are often drawn to the variety of housing options available, ranging from charming period homes to modern apartments and new townhouse developments. The suburb's connectivity to Melbourne via Mordialloc Station and major roadways adds to its attractiveness, enabling a convenient commute for those working in the city while enjoying the more relaxed, coastal lifestyle that Mordialloc offers. Recent trends in the housing market suggest a robust interest, with property prices reflecting the surging demand, although it remains a relatively affordable option compared to some of its neighboring suburbs closer to the city.

Living in Mordialloc is characterized by a strong sense of community and a laid-back, beachside lifestyle. Residents enjoy ample recreational opportunities, thanks to the suburb's proximity to beautiful beaches, a bustling main street filled with cafes, restaurants, and shops, and the iconic Mordialloc Creek. Kingston's local council supports a variety of community events and markets, fostering a sense of belonging and connection among locals. Mordialloc also boasts excellent educational institutions, healthcare facilities, and parks, making it a conducive environment for raising families. Its picturesque setting is complemented by practical amenities, and its blend of urban convenience with natural beauty makes it a desirable place to live for those seeking balance and tranquility.

Mordialloc Real Estate Market Outlook

Thinking about buying in Mordialloc? Now could not be a better time, with 6369 residential properties there's certainly plenty to choose from. The average property price in this area is in the region of $1,319,000 with prices in this suburb ranging from $60,000 to $11,278,000. Mordialloc 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

Consistent high demand relative to supply is a key feature in Mordialloc driving regular price increases. Recent rapid price increases however may constrain future growth by limiting demand. High average incomes in Mordialloc 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 Mordialloc 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 Mordialloc 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. Higher than average industry presence in the wider area offering local employment yet with not a large negative impact on local amenity, provides good demand and price growth.

Instant Property Valuation

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Public Transport

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General Points of Interest

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Nearby Suburbs

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