SOLD
Sold on 15 Jun 2024 for $360,000

7/500 Main Street
Mordialloc VIC 3195

Bedrooms: 2
Bathrooms: 1
Car spaces: 1
Floor area: 59m2
Land area: 923m2
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Property Details for 7/500 Main St, Mordialloc

7/500 Main St, Mordialloc is a 2 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 59m2. While the property is not currently for sale or for rent, it was last sold in June 2024. There are other 2 bedroom Unit sold in Mordialloc in the last 12 months.

Building Type
Unit
Year Built
1960
Floor Size
59m2
Land Size
923m2
Local Government
Kingston
Lot/Plan
17/RP18696

Last Listing description (June 2024)

Peacefully positioned on the first floor of a boutique group, this spacious and light-filled one-bedroom apartment offers a carefree lifestyle in beachside Mordialloc within steps to Main Street shops, restaurants, the beach and Mordialloc Train Station.

Boasting light filled interiors and a location to love, this immaculate property presents an exciting opportunity for professional occupiers and savvy investors alike. The open plan living/dining area sets the tone in this superb property providing a flexible space for get-togethers and opens out to a private balcony. The well-appointed kitchen is complete with generous cabinetry and a breakfast bar. The spacious light-filled bedroom enjoys a built-in-robe and is ably serviced by a sparkling central bathroom / laundry and separate WC. Split-system heating/cooling, ceiling fans and a car space on title are also invaluable inclusions.

All of this set within walking distance to Mordialloc?s amenities and desirable eateries, Mordialloc Beach, Bay Trail walking track, Peter Scullin Reserve, and much more! Presenting an exciting entry to a desirable Bayside address, this low maintenance property will suit those looking to move straight in to enjoy this wonderful lifestyle or investors alike.

** This Auction will be conducted on-site at the property & also online via the GAVL APP on Saturday 15th of June at 2:00 pm**

Barry Plant clients have the opportunity to watch, bid and buy on live property auctions. Register through www.gavl.com.au and follow the property link:

https://www.gavl.com/dashboards/propertydetails/sHTOOVARJt/7-500-main-street-mordialloc-victoria-3195

To bid you must download the free Gavl App.

For more information, please contact Michael Care on 0432 488 939 from Barry Plant today.

ALL ENQUIRIES MUST INCLUDE A CONTACT NUMBER.

Property History for 7/500 Main St, Mordialloc, VIC 3195

A timeline of how this property has performed in the market
Last Sold
$360,000
15 Jun 2024
Listed for Rent
$250/w
13 Aug 2011
  • 15 Jun 2024
    Sold for $360,000
  • 24 May 2024
    Listed for Sale Not Disclosed
  • 27 May 2023
    Transferred
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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 5,500 properties. Over the last 5 years, Houses in Mordialloc have seen a 22.28% increase in median value, while Units have seen a 13.84% increase. As at 31 August 2024:

  • The median value for Houses in Mordialloc is $1,327,455 while the median value for Units is $706,163.
  • Houses have a median rent of $680 while Units have a median rent of $510.
There are currently 15 properties listed for sale, and 4 properties listed for rent in Mordialloc on OnTheHouse. According to CoreLogic's data, 245 properties were sold in the past 12 months in Mordialloc.

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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.