ASPENDALE
Positioned within the established sector of the market, Aspendale has evolved into a locality defined by its distinct property landscape. The suburb currently holds a median house price of $1.32m. Prices have remained largely stable with a 18% change, suggesting a balanced market where supply has largely kept pace with local demand.
Lifestyle Profile
The streetscape of Aspendale is the quintessential picture of suburban stability. You will typically find larger block sizes, wide driveways, and a mix of renovated mid-century homes alongside modern builds.
It is a neighborhood where connectivity matters. The vibe is friendly and grounded, with a strong culture of neighbors knowing each other—a throwback to traditional suburban values.
For active residents, the area delivers. The abundance of green belts, cycle paths, and council-maintained sporting facilities adds a layer of 'health and wellness' to the local lifestyle.
The Demographic Profile
Understanding the resident base is key to understanding the market floor. Local data suggests a median household income of approx $90,000. This places Aspendale in a bracket where dual-income households are the norm for mortgage serviceability. It reflects a competitive environment where buyers are likely professional couples or established families.
Education & Catchments
School catchment zones are a primary driver of long-term property demand. The area is serviced by facilities such as Mordialloc Beach Primary School. For many buyers, the presence of local schooling creates a 'village' feel and ensures consistent demand from young families moving into the area.
Market Outlook
The market has shown resilience with 18.0% stable growth. This appeals to buyers seeking lower volatility.
Quick FAQ about Aspendale:
- Is Aspendale expensive? With a median price of $1.32m, it is considered a established market, often attracting buyers seeking classic living standards.
- What are the schools like? The catchment for Mordialloc Beach Primary School is a major driver of local demand.
Primary Schools
Secondary / High Schools
Mordialloc College
Explore Nearby Markets
Local Schools & Maps
Explore primary and secondary schools in the catchment area.
Primary Schools
Secondary Schools
DISCLAIMER: GENERAL INFORMATION ONLY.
The data presented on Aussie Housing, including school zones, "Education Efficiency" scores, and median prices, is for general information and research purposes only. While we aim for accuracy, school catchment boundaries are subject to change by state departments and should be verified directly with the individual school before making any purchasing decision.
NO PROFESSIONAL ADVICE: Aussie Housing is not a licensed real estate agent, valuer, or financial advisor. The "Education Efficiency" metric is a proprietary data point and does not constitute a valuation or a recommendation to buy. You should always conduct your own due diligence and consult with a conveyancer, solicitor, or financial planner before acquiring property.
DATA LIMITATIONS: Market data is aggregated from various public sources and may have latency. We do not guarantee the complete accuracy of historical sales data or current boundary lines.