SOLD
Sold on 21 Feb 2024 for $660,000

5/120-122 Nepean Highway
Aspendale VIC 3195

Bedrooms: 3
Bathrooms: 1
Car spaces: 1
Floor area: 68m2
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Property Details for 5/120-122 Nepean Hwy, Aspendale

5/120-122 Nepean Hwy, Aspendale is a 3 bedroom, 1 bathroom Unit with 1 parking spaces and was built in 1960. The property has a floor size of 68m2. While the property is not currently for sale or for rent, it was last sold in February 2024. There are other 3 bedroom Unit sold in Aspendale in the last 12 months.

Building Type
Unit
Year Built
1960
Floor Size
68m2
Local Government
Kingston
Lot/Plan
5/PS304037

Last Listing description (July 2019)

Nestled quietly within a large beachfront complex, this ground floor apartment offers an exceptional opportunity for first home buyers, young couples or wise investors seeking entry into the market. Outstanding value and future prospects underpinned by its unbeatable location with private beach access to the complex, cafes at your doorstep and a brief 300m to Aspendale station.
Offering an ideal low maintenance lifestyle, the home boasts light and bright interiors due to a north-facing aspect, with polished timber floors throughout, creating a seamless flow from one room to another. The large living and dining room combined with an adjoining neat kitchen offers gas cooking and ample storage, two double bedrooms with built in robes and an original bathroom with European laundry complete the internal areas.
Outside, enjoy the vast alfresco decking, covered and private for all year round enjoyment - where the paved courtyard provides extra off street parking if required through double gates to your yard, plus an on title carport in the complex.

With the potential to update and enhance to modern standards, or keep as is as the ideal investment, this two bedroom apartment offers the idyllic beachfront lifestyle with every bayside amenity within a short walk.

Property History for 5/120-122 Nepean Hwy, Aspendale, VIC 3195

A timeline of how this property has performed in the market
Last Sold
$660,000
21 Feb 2024
  • 21 Feb 2024
    Sold for $660,000
  • 13 Jul 2019
    Sold for $512,000
  • 17 Jun 2019
    Listed for Sale Not Disclosed
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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 3,308 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 12 properties listed for sale, and 4 properties listed for rent in Aspendale on OnTheHouse. According to CoreLogic's data, 139 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.