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City of Kingston
Aspendale Gardens

Aspendale Gardens Property Market
& Suburb Profile

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MEDIAN PRICES IN ASPENDALE GARDENS

Median house price

(all agencies, last 12 months)$1.2m*

House price change

(all agencies, last 12 months)+4.4%

Median unit price

(all agencies, last 12 months)$813k*

Unit price change

(all agencies, last 12 months)+10.32%

(Median House Price and Median Unit Price is calculated based on sales of properties with all numbers of bedrooms)

ASPENDALE GARDENS PRICE TRACKER

HousesUnits

ASPENDALE GARDENS SALES OVERVIEW

  • Sold by Private Sale or Other Method 100%
  • (Based on Sales Reported in the Last 12 Months)

Average days on market (houses)

(all agencies, 12 months)25

Average days on market (units)

(all agencies, 12 months)79

Average held period in Aspendale Gardens

(proptrack)11 years

ASPENDALE GARDENS INVESTOR STATISTICS

Median rental price for Houses

(all agencies, last 12 months)$816pw

House rental price change

(all agencies, last 12 months)0.05%

Median rental price for Units

(all agencies, last 12 months)$577pw

Unit rental price change

(all agencies, last 12 months)0.04%

Average rental yield for Houses

(all agencies, last 12 months)3.19%

Average rental yield for Units

(all agencies, last 12 months)4.06%

Aspendale Gardens total population size

(as at the last census)6,427

Median household size in Aspendale Gardens

(as at the last census)2.9

(Median House Price and Median Unit Price is calculated based on leased properties with all numbers of bedrooms)

ASPENDALE GARDENS PROPERTY TYPES

  • Houses 61%
  • Units 5%
  • Other 34%

OCCUPANCY IN ASPENDALE GARDENS

  • Owned 84%
  • Rented 10%
  • Other/Not Stated 6%
  • Singles 17%
  • Families 83%
  • Other 1%

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ABOUT ASPENDALE GARDENS

Aspendale Gardens is a serene, master-planned residential suburb located approximately 27 kilometres southeast of the Melbourne CBD. Unlike many of its neighbours which evolved from early coastal settlements, Aspendale Gardens was primarily developed in the 1980s and 90s as a dedicated family enclave.

Aspendale is defined by its quiet, winding streetscapes, an abundance of "pocket parks," and its unique position adjacent to the Edithvale-Seaford Wetlands.

The lifestyle in Aspendale Gardens is intentionally designed for families and those seeking a secure, community-focused environment. At its heart is the Aspendale Gardens Shopping Centre, which serves as a vital community hub with a supermarket, independent cafes, and essential health services. The suburb is renowned for its interconnected network of walking and cycling trails that link various reserves, such as the Kearney Drive Reserve and Palm Grove Reserve, to the broader Mordialloc Creek and wetland paths. Residents enjoy a peaceful atmosphere where native wildlife sightings from the nearby wetlands are common, and the pristine sands of Aspendale and Edithvale beaches are just a few minutes' drive away.

Education is a standout feature and a primary motivator for residents moving into the area. Aspendale Gardens Primary School is a highly regarded International Baccalaureate (IB) World School, known for its strong community involvement and modern facilities. The suburb also hosts a vibrant Community Service centre that provides kindergarten, childcare, and a range of extracurricular activities for all ages.

While the suburb itself does not have a train station, it is perfectly positioned between the Mordialloc and Edithvale stations on the Frankston line, with local bus routes providing easy transit. For motorists, the suburb offers exceptional access to major arterials, including the Mornington Peninsula Freeway, EastLink, and the Dingley Bypass.

From a property perspective, Aspendale Gardens is a very stable and tightly held market with one of the highest owner-occupation rates in the region. The housing stock is predominantly composed of spacious, modern four and five-bedroom family homes on well-manicured allotments. Because the suburb was designed with a fixed boundary - surrounded by the Mordialloc Creek, the wetlands, and Wells Road - there is virtually no room for further large-scale residential expansion. This scarcity, combined with the suburb's reputation for safety and high-quality schooling, ensures it remains a resilient and prestigious choice for established families and professionals.

Education

Aspendale Gardens Primary School
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SALES COMPARISON

Find out how Aspendale Gardens median sales prices compare to neighbouring suburbs.

ASPENDALE GARDENS MARKET INSIGHTS

YearProperties SoldMedian Sale Price
(All Residential)
Sales Growth YoYProperties LeasedMedian Rental Price
(All Residential)
Rental Yield
202551$1,028,7504.39%34$697pw3.62%
202470$981,7508.37%34$670pw3.82%
202360$858,500-2.87%42$637pw3.54%
202260$958,7501.28%48$572pw3.33%
202158$917,75017.06%47$525pw2.92%
YearSoldMedian Sale Price
(All Residential)
Sales Growth YoY
202551$1,028,750+4.39%
202470$981,750+8.37%
202360$858,500-2.87%
202260$958,750+1.28%
202158$917,750+17.06%

YearLeasedMedian Rental Price
(All Residential)
Rental Yield
202534$697pw3.62%
202434$670pw3.82%
202342$637pw3.54%
202248$572pw3.33%
202147$525pw2.92%

PROUDLY SERVICING Aspendale Gardens

Barry Plant
Chelsea

394-395 Nepean Highway
View on Google Maps

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NEWS & INSIGHTS

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*The State of Victoria owns the copyright in the property sales data and reproduction of that data in any way without the consent of the State of Victoria will constitute a breach of the Copyright Act 1968 (Cth).The State of Victoria does not warrant the accuracy or completeness of the licensed material and any person using or relying upon such information does so on the basis that the State of Victoria accepts no responsibility or liability whatsoever for any errors, faults, defects or omissions in the information supplied.

This information is supplied by Barry Plant Group Pty Ltd (ABN 96 088 069 952) on behalf of PropTrack Pty Ltd (ABN 43 127 386 298).

The 12 month data in this report is from 31 October 2024 to 31 October 2025, last updated 31 October 2025.