SOLD
Sold on 05 Jan 2024 for $1,320,000

1/198 Nepean Highway
Aspendale VIC 3195

Bedrooms: 4
Bathrooms: 2
Car spaces: 4
Floor area: 105m2
Land area: 324m2
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Property Details for 1/198 Nepean Hwy, Aspendale

1/198 Nepean Hwy, Aspendale is a 4 bedroom, 2 bathroom Unit with 4 parking spaces and was built in 1990. The property has a land size of 324m2 and floor size of 105m2. While the property is not currently for sale or for rent, it was last sold in January 2024. There are other 4 bedroom Unit sold in Aspendale in the last 12 months.

Building Type
Unit
Year Built
1990
Floor Size
105m2
Land Size
324m2
Local Government
Kingston
Lot/Plan
5/PS302295

Last Listing description (January 2024)

Experience the classic grandeur of coastal living in this expansive Aspendale residence, boasting a timeless indoor-outdoor design that adapts effortlessly to every stage of life and the allure of the foreshore just a few meters away.

A form inspired by the Neo-Mediterranean homes of seaside Europe stands grandly along the Nepean Highway streetscape, secreting a comprehensive family layout primed for the modern age. Reverse-style living puts formal and casual living and dining spaces on the upper floor, each relishing seamless alfresco integration to balconies breathing in lovely bay glimpses.

Everyday living and casual entertaining is a breeze in the central kitchen, showcasing a modern design with appliances to match, complemented by the basement's multi-purpose/games room and a large secure yard primed for reimagination. Four robed bedrooms are headlined by a main bedroom with a walk-through robe, ensuite and private balcony, with an array of options to increase its accommodation capacity on the lower floor.

Relish the convenience of having Edithvale and Aspendale stations mere meters from your doorstep, a short walk from morning coffees at enticing local cafes, and a few sandy steps from the beach at the rear of the complex. Additional features include soundproof windows, air conditioning, ducted heating, a four-car garage, incredible storage options, a storage shed, and a rainwater tank.

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Property History for 1/198 Nepean Hwy, Aspendale, VIC 3195

A timeline of how this property has performed in the market
Last Sold
$1,320,000
05 Jan 2024
  • 05 Jan 2024
    Sold for $1,320,000
  • 15 Dec 2023
    Listed for Sale Not Disclosed
  • 08 Nov 1998
    Sold for $235,000

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About Aspendale 3195

The size of Aspendale is approximately 3 square kilometres. It has 11 parks covering nearly 24% of total area. The population of Aspendale in 2011 was 6,621 people. By 2016 the population was 6,938 showing a population growth of 4.8% in the area during that time. The predominant age group in Aspendale is 40-49 years. Households in Aspendale are primarily couples with children and are likely to be repaying $1800 - $2399 per month on mortgage repayments. In general, people in Aspendale work in a professional occupation. In 2011, 79.6% of the homes in Aspendale were owner-occupied compared with 79.8% in 2016.

Aspendale has 3,309 properties. Over the last 5 years, Houses in Aspendale have seen a 30.51% increase in median value, while Units have seen a 23.57% increase. As at 30 September 2024:

  • The median value for Houses in Aspendale is $1,373,807 while the median value for Units is $940,020.
  • Houses have a median rent of $750 while Units have a median rent of $720.
There are currently 7 properties listed for sale, and 2 properties listed for rent in Aspendale on OnTheHouse. According to CoreLogic's data, 129 properties were sold in the past 12 months in Aspendale.

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