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Overview
Occupying a generous 604sqm allotment in a prized coastal suburb, this classic three-bedroom home offers a unique entry-level chance for buyers and investors seeking substantial future potential. The property's considerable land size sets the stage for a variety of opportunities — from renovation to redevelopment, subject to council approval — allowing buyers to shape a personalised lifestyle or investment outcome.
While currently presenting a comfortable living arrangement, the home’s real value is unlocked through its scope for extension and enhancement. Those with a vision can capitalise on the flexible land dimensions to create a more contemporary residence or explore subdivision possibilities, offering significant upside in a highly sought-after area renowned for its proximity to shops, cafes, schools, parks, public transport and the beach.
This property invites forward-thinking purchasers to engage confidently in the market with a tangible foundation for adding value. Whether targeting a first home, a renovation project, or a strategic investment, the location and land size combine to provide a strong platform for future growth in a lifestyle-focused community.
Local Market Insights
In Mordialloc, Quiet Listings observed 34 new houses entering the market over the last 30 days, up from 22 during the previous 30-day period, with an average advertised asking price of $1,548,587. The property type mix of listed properties is predominantly Houses at 51%, followed by units (21%), and townhouses (18%). The most active agency for houses in the Mordialloc area is currently Buxton Real Estate Group, representing 32% of new listings, followed by OBrien Real Estate with 18%. These insights are based on agencies currently monitored by Quiet Listings and are updated as the local market changes.
While every effort is made to ensure the accuracy and completeness of the property information provided, no guarantee is given. Buyers should independently verify all details, inclusions, availability, pricing, and other relevant information directly with the listing agent before relying on this information.
Location
Market Insights for Mordialloc VIC 3195
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