31/50-51 Nepean Hwy, Aspendale is a 2 bedroom, 1 bathroom Unit with 1 parking spaces and was built in 1962. The property has a land size of 2633m2 and floor size of 65m2. While the property is not currently for sale or for rent, it was last sold in April 2016.
Investing in beachfront real estate has traditionally produced higher returns over the long term than most other investments. Australians love the water. Living on the beachfront, or owning a holiday home. Being on the beach is the great Australian dream. Thankfully we have this renovated two-bedroom top floor apartment on offer. Uninterrupted views across the bay from living area and main bedroom. Combine with renovated bathroom and kitchen and just unwind with all the hard work already done. Direct beach access and off street parking.
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:
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