OFF MARKET

970 Nepean Highway
Moorabbin VIC 3189

Bedrooms: -
Bathrooms: -
Car spaces: -
Land area: 19762m2
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Property Details for 970 Nepean Hwy, Moorabbin

Building Type
Commercial
Land Size
19762m2
Local Government
Kingston
Lot/Plan
1/TP372820

Last Listing description (February 2017)

Moorabbin House and Home comprises a dominant retail and lifestyle centre, set over two separate buildings with 10 showrooms leased to national retailers including Nick Scali Furniture, Adairs, Snooze and many more.
The property is situated on the prominent corner of The Nepean Highway and Exley Drive in Moorabbin, capitalising on its two story facade, wrap around signage and high volumes of passing traffic.
Enjoy a position in Melbourne's most affluent suburbs including Brighton, Hampton and Sandringham with an estimated catchment of 252,000 people.

Call the exclusive agents for further details

Property History for 970 Nepean Hwy, Moorabbin, VIC 3189

A timeline of how this property has performed in the market
Last Sold
$31,500,000
28 Feb 2014
Listed for Rent
22 Aug 2016
  • 20 Jan 2016
    Listed for Rent - Price not available
  • 21 Apr 2015
    Listed for Rent - Price not available
  • 28 Feb 2014
    Sold for $31,500,000
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About Moorabbin 3189

The size of Moorabbin is approximately 4.6 square kilometres. It has 5 parks covering nearly 4.2% of total area. The population of Moorabbin in 2011 was 5,282 people. By 2016 the population was 5,897 showing a population growth of 11.6% in the area during that time. The predominant age group in Moorabbin is 30-39 years. Households in Moorabbin are primarily couples with children and are likely to be repaying $1800 - $2399 per month on mortgage repayments. In general, people in Moorabbin work in a professional occupation. In 2011, 74.3% of the homes in Moorabbin were owner-occupied compared with 68.8% in 2016.

Moorabbin has 5,556 properties. Over the last 5 years, Houses in Moorabbin have seen a 9.32% increase in median value, while Units have seen a 7.90% increase. As at 30 November 2024:

  • The median value for Houses in Moorabbin is $1,194,946 while the median value for Units is $729,090.
  • Houses have a median rent of $655 while Units have a median rent of $580.
There are currently 11 properties listed for sale, and 16 properties listed for rent in Moorabbin on OnTheHouse. According to CoreLogic's data, 205 properties were sold in the past 12 months in Moorabbin.

Suburb Insights for Moorabbin 3189

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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.