How Much is My Home Worth in Mordialloc?
The median price for a house in Mordialloc is $966,500 as of March 28, 2019. A median-priced unit is $618,500. There have been 100 houses and 42 units sold this year. Of the house sales, 56 were three bedrooms. There were 24 two bedroom unit sales this year. The average annual capital growth for houses is 5.91% and units is 7.35%. The 12-month capital growth is -15.67% on houses and 10.06% for units. The Demand to Supply Ratio or DSR rating has houses as good and units or apartments as above average. There is currently more demand than supply. Vendors are usually getting the price they are asking for. As an investment expect the capital growth to trend ahead of the national average. It takes on average 46 days to sell a house and 46 days to sell a unit.
House prices and rent returns in Mordialloc.
- 2 bedroom home $818,000 Rent per week $410
- 3 bedroom home $955,000 Rent per week $500
- 4 bedroom home $1,250,000 Rent per week $645
Unit prices and rent returns in Mordialloc.
- 1 bedroom unit $367,000 Rent per week $300
- 2 bedroom unit $598,500 Rent per week $390
- 3 bedroom unit $750,000 Rent per week $575
The gross rental yield for houses is 3.07% and for units, it is 3.38%.
Free Real Estate Appraisal Mordialloc
Selling your house in Mordialloc? Do you want to know the current market price of your house or unit? Our appraisers will deliver an accurate appraisal based on recent sales data together with the location to amenities, schools and shops. Our agents will provide this valuation free of charge.
Free Rental Appraisal Mordialloc
Do you have an investment property you wish to rent? Or, do you want to rent out your current home? Our property management team currently manages over 3500 properties. There is no scenario we have not dealt with when it comes to managing real estate. We use the latest software tools to streamline our services. We deal directly with the landlord and keep them up to speed with the rental of their property.
Lifestyle in Mordialloc
Located in the south-east and just 24 kilometres from the Melbourne CBD. The population at the last Census recorded 8166 residents. The eastern border touches on Port Phillip Bay. Neighbouring suburbs include Parkdale, Braeside and Aspendale. There is the Modialloc train station that runs on the Frankston line. Central to Mordialloc is the Woodlands Golf Club.
Schools in Mordialloc
There are 4 schools in Mordialloc.
- St Brigid’s School Co-educational
- Mordialloc Beach Primary School Co-educational
- Mordialloc College Co-educational
- Parkdale Secondary College Co-educational