OFF MARKET

15/50-51 Nepean Highway
Aspendale VIC 3195

Bedrooms: 1
Bathrooms: 1
Car spaces: 1
Floor area: 51m2
Land area: 2633m2
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Property Details for 15/50-51 Nepean Hwy, Aspendale

15/50-51 Nepean Hwy, Aspendale is a 1 bedroom, 1 bathroom Unit with 1 parking spaces and was built in 1960. The property has a land size of 2633m2 and floor size of 51m2. While the property is not currently for sale or for rent, it was last sold in December 2021.

Building Type
Unit
Year Built
1960
Floor Size
51m2
Land Size
2633m2
Local Government
Kingston
Lot/Plan
15/RP12650

Last Listing description (February 2022)

Imagine waking up to the sound of lapping waves, walking outside your back door and stepping directly onto the sand of one of Melbourne's most pristine beaches - this is what you'll get with this beach gem. One of only a few hundred properties in Melbourne that boasts 'absolute beach frontage' this property offers the rare opportunity to own beachfront property in one of Melbourne's most tightly held and sought after areas.

The open plan layout of this one bedroom apartment takes advantage of the gorgeous location allowing beach views from every angle. Recently renovated, the apartment has a new modern bathroom with rain-shower shower head flowing directly from the ceiling, bedroom with walk-in robe, study nook and two ethanol flame burners built into a marble benchtop dividing the bedroom and living room.


A generous ground floor balcony opening up right from the living room provides the perfect place to entertain friends or relax with a glass of wine while admiring the sunset over the water. The balcony contains a Merbau sunbed and a conveniently located outdoor shower perfect for rinsing off after that midnight dip in the bay.
Walking distance to the Mordialloc shops and both Mordialloc and Aspendale train stations, you couldn't ask for a better location.
Currently leased for $1,564 p/m with the possibility of even greater returns with short term stays and holiday rental options, this property is great for investors as well as those looking to enjoy the beach lifestyle themselves.

"Government directions require all open home attendees to be fully vaccinated. If you are fully vaccinated you're welcome to attend one of the advertised open for inspection times, where proof of vaccine is required prior to entry. If you are not fully vaccinated and would like to view this home, please contact our team to organise a private inspection. We thank you for assisting us as we implement directions from the Victorian government."

Property History for 15/50-51 Nepean Hwy, Aspendale, VIC 3195

A timeline of how this property has performed in the market
Last Sold
$720,000
24 Dec 2021
Listed for Rent
$350/w
17 Jun 2019
  • 24 Dec 2021
    Sold for $720,000
  • 09 Nov 2021
    Listed for Sale $730,000
  • 16 May 2019
    Listed for Rent - Price not available
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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 3,310 properties. Over the last 5 years, Houses in Aspendale have seen a 23.57% increase in median value, while Units have seen a 24.65% increase. As at 31 October 2024:

  • The median value for Houses in Aspendale is $1,356,936 while the median value for Units is $955,092.
  • Houses have a median rent of $760 while Units have a median rent of $740.
There are currently 11 properties listed for sale, and 2 properties listed for rent in Aspendale on OnTheHouse. According to CoreLogic's data, 138 properties were sold in the past 12 months in Aspendale.

Suburb Insights for Aspendale 3195

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Disclaimer
Whilst all reasonable effort is made to ensure the information in this publication is current, CoreLogic does not warrant the accuracy or completeness of the data and information contained in this publication and to the full extent not prohibited by law excludes all for any loss or damage arising in connection with the data and information contained in this publication.