OFF MARKET

3/500 Main Street
Mordialloc VIC 3195

Bedrooms: 1
Bathrooms: 1
Car spaces: 1
Floor area: 57m2
Land area: 923m2
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Property Details for 3/500 Main St, Mordialloc

3/500 Main St, Mordialloc is a 1 bedroom, 1 bathroom Unit with 1 parking spaces and was built in 1960. The property has a land size of 923m2 and floor size of 57m2. While the property is not currently for sale or for rent, it was last sold in July 2023.

Building Type
Unit
Year Built
1960
Floor Size
57m2
Land Size
923m2
Local Government
Kingston
Lot/Plan
13/RP18696

Last Listing description (August 2023)

A cool, calm, & contemporary composition perfectly reflects this property's coastal setting. Close enough to hear the waves and almost close enough to feel the sand, leave the car at home with pristine Mordialloc Beach, supermarkets, restaurants and nightlife, local sports grounds and Mordialloc Creek estuary within steps of the door.

Functional aspects include a well-appointed kitchen with wraparound preparation benches, breakfast bar, and floating cabinetry, flanked by an integrated lounge and dining zone encompassing a square-set design for maximum versatility.

Separated by a hallway, a kingsize bedroom and bathroom/laundry (separate toilet) complete the floor plan. A lounge room heater/A/C and off-street parking provide additional value.

Privileged for its easy-access and pursued for its amenity-rich surrounds, this property is currently tenanted at $350 p/w on a month-by-month arrangement, and is appealing from both a home-ownership or investment point of view.

PLEASE NOTE:
*Every precaution has been taken to establish the accuracy of the above information but does not constitute any representation by the vendor or agent.
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Property History for 3/500 Main St, Mordialloc, VIC 3195

A timeline of how this property has performed in the market
Last Sold
$360,000
21 Jul 2023
Listed for Rent
$300/w
24 Jul 2020
  • 21 Jul 2023
    Sold for $360,000
  • 12 Jul 2023
    Listed for Sale Under Contract
  • 24 Jul 2020
    Listed for Rent - Price not available
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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 5,501 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:

  • The median value for Houses in Mordialloc is $1,347,537 while the median value for Units is $715,810.
  • Houses have a median rent of $700 while Units have a median rent of $538.
There are currently 15 properties listed for sale, and 3 properties listed for rent in Mordialloc on OnTheHouse. According to CoreLogic's data, 243 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.