How Much is My Home Worth in Aspendale?
The median price for a house on February 5, 2020, was $984,000. In the last year, there have been 31 units sold and 94 houses sold in Aspendale. The median price for a unit was $696,000. The average annual property growth is currently 6.71% for houses and 4.97% for units. The 12-month capital growth for houses is -2.01% and for units, it is -3.25%. The DSR or Demand to Supply Ratio gives houses and units an above-average rating. This is a good property market for investors wanting to add to their portfolio. Vendors are getting their asking price more often than not. Capital growth should stay ahead of the national average for Aspendale.
House prices and weekly rent returns in Aspendale
- 2 bedroom house No Data Rent per week $398
- 3 bedroom house $954,000 Rent per week $470
- 4 bedroom house $1,005,000 Rent per week $600
Unit prices and weekly rent returns in Aspendale
- 2 bedroom unit No Data Rent per week $380
- 3 bedroom unit $850,000 Rent per week $540
The gross rental yield for houses is 2.77% and for units, it is 3.46%. It takes 67 days to sell a house and 71 days to sell a unit.
Free Real Estate Appraisal Aspendale
Do you want a free appraisal on your Aspendale property? We appraise units, land and houses on a regular basis. We know the region well and have sold over 80 properties in the last year. Our appraisers base the price on proximity to schools, shops and amenities. Also included is the current sales history. Our agency is located in the heart of Aspendale.
Free Rental Appraisal Aspendale
Our property managers currently handle the rental of over 3500 properties. We are experts in property management. We form a close relationship with the landlord and provide regular reports to build the confidence that your property is managed by a team of professionals. So, if you have an investment property you want to rent we will give you a free rental appraisal on the expected weekly rent return. Or, you may want to rent your current home? We will discuss all the details of the lease and dig into our large database of potential tenants to see if we can find an immediate fit.
Property Valuation Aspendale
Are you aware there is a difference between a property valuation and a real estate appraisal? If for legal reasons you need your home valued then you must employ a registered valuer. There will be a fee attached to this service. If you want an appraisal then a licenced real estate agent can provide this service. We do appraisals for free.
Aspendale to Aspendale
Recent Sold Homes in Aspendale
View our list of recently sold homes in Aspendale. Browse properties sold in Aspendale and Aspendale Gardens including houses, units and land.
Lifestyle in Aspendale
At the last national census in 2011 the population was 6600. There were 54% registered married couples and 9% living in a defacto relationship. Managers and professionals make up 40% of the population. Tradesmen represent 15% of the residents. There are 2 cricket clubs, a golf course and the Aspendale Life Saving Club. There are 2 kindergartens, 2 primary schools and one secondary college. The Aspendale Train Station runs through the eastern side along the Frankston Line.
Schools in Aspendale
There are 3 schools in Aspendale.
- Aspendale Primary School Co-educational
- Yarrabah School Special Co-educational
- St Louis de Montfort’s School Prep – 6 Co-educational