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Aspendale 3195: Family friendly coastal hub with affordable homes

Corporate - Home Page
27 May 2022
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Beach boxes, a thriving café culture and endless wetlands walking tracks make up the thriving, family-friendly suburb of Aspendale.

On Melbourne’s southeast coastline and about 27km from the CBD, Aspendale offers the great qualities of a beachside locale, while providing ample access to amenities.

Located in the City of Kingston, the suburb has become a haven for families looking for good schools and a beachside lifestyle at a reasonable price point.

With a mix of older-style houses ready for renovation as well as new homes, townhouses and units, the suburb have easy access to the Nepean Highway. It is serviced by the Frankston train line, with regular services leaving from a centrally located railway station.

Aspendale’s median house price hit $1.45 million in the 12 months to March 2022. A typical unit also had a seven-figure median price of $1.1 million, according to Real Estate Institute of Victoria data.

At the 2016 Census, Aspendale had 6940 residents.

Originally home to the Bunurong people, the area once consisted of low-lying wetlands and sand dunes. Many of the street names – including Foam St, Dolphin St, and Captain St – are testament to the suburb’s maritime influence.

The suburb was also revered for its race meets at the Aspendale Park Racecourse, a well-known horse racing track which is also thought to be the first purpose-built car racing track in the world. The name Aspendale is allegedly derived from a successful horse, Aspen, who raced at the track.

Today, brightly coloured beach boxes line the Aspendale foreshore while walking tracks along the Mordialloc Creek and Edithvale-Seaford Wetlands can also be enjoyed.

Barry Plant Mordialloc auctioneer Chris Kavanagh said Aspendale homes were desirable and affordable for many buyers.

“It’s a very quiet, family orientated suburban area,” Mr Kavanagh said.

“There are several primary schools and the key drawcard is the beach, which many regards as the best beach on the bayside.”

He said the suburb was still “undervalued” for its price point and lifestyle, adding that it also benefited from its proximity to more-established neighbouring suburbs, top private schools and infrastructure.

“There’s a lot of buyers who are wanting the extra space and lifestyle,” Mr Kavanagh said.

“Prior to COVID, a lot of buyers did feel Aspendale was slightly too far to travel back and forth to the office each day.

“But now with people working partly at home, they say ‘let’s get a beautiful house in a great area by the beach and travel to the city a few days a week’.”

Corporate - Home Page
27 May 2022
Save Article

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