SOLD
Sold on 29 Nov 2023 for $3,000,000

2/271 Boundary Road
Mordialloc VIC 3195

Bedrooms: -
Bathrooms: -
Car spaces: -
Land area: 3198m2
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Property Details for 2/271 Boundary Rd, Mordialloc

Building Type
Commercial
Land Size
3198m2
Local Government
Kingston
Lot/Plan
2/SP24165

Property History for 2/271 Boundary Rd, Mordialloc, VIC 3195

A timeline of how this property has performed in the market
Last Sold
$3,000,000
29 Nov 2023
  • 29 Nov 2023
    Sold for $3,000,000
  • 29 Apr 1999
    Sold for $146,250
  • 27 Jul 1994
    Sold for $100,000
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About Mordialloc 3195

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 5,515 properties. Over the last 5 years, Houses in Mordialloc have seen a 15.03% increase in median value, while Units have seen a 13.11% increase. As at 31 October 2024:

  • The median value for Houses in Mordialloc is $1,319,900 while the median value for Units is $721,054.
  • Houses have a median rent of $670 while Units have a median rent of $550.
There are currently 18 properties listed for sale, and 12 properties listed for rent in Mordialloc on OnTheHouse. According to CoreLogic's data, 237 properties were sold in the past 12 months in Mordialloc.

Suburb Insights for Mordialloc 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.