2/16 Francis St, Mordialloc is a 2 bedroom, 1 bathroom House with 2 parking spaces and was built in 1975. The property has a land size of 794m2 and floor size of 99m2. While the property is not currently for sale or for rent, it was last sold in June 2021.
Nestled in an ultra-popular part of Mordialloc graced with a choice of open parklands and around 10 minutes on foot to the station, this street-fronted home represents an exciting opportunity for young buyers, investors and renovators all looking for a chance to add value.
Sharing no common land and offering a spacious and practical layout, the accommodation features high ceilings through the two generous front bedrooms. One offers fitted robes, the master boasting access through the walk-thru robe to a two-way bathroom. The central kitchen is original and very functional and connects to the open plan living and dining which enjoys outlooks to a huge alfresco deck and the established gardens.
Including ducted heating and multiple a/c units, the home also provides a large laundry plus a lock-up garage & shed in securely gated gardens. On an accommodating, oversized block, that is a fabulous luxury for a unit, this sought-after location is within metres of bus routes and just an easy walk to an array of cafes & bars and the sparkling bay.
The size of Mordialloc is approximately 4.4 square kilometres. It has 18 parks covering nearly 24.6% of total area. The population of Mordialloc in 2011 was 7,536 people. By 2016 the population was 8,160 showing a population growth of 8.3% in the area during that time. The predominant age group in Mordialloc is 40-49 years. Households in Mordialloc are primarily couples with children and are likely to be repaying $1800 - $2399 per month on mortgage repayments. In general, people in Mordialloc work in a professional occupation. In 2011, 67.7% of the homes in Mordialloc were owner-occupied compared with 66.2% in 2016.
Mordialloc has 5,472 properties. Over the last 5 years, Houses in Mordialloc have seen a 21.15% increase in median value, while Units have seen a 14.23% increase. As at 30 September 2024:
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