Apartment

15/50 Nepean Highway

Aspendale VIC 3195, Australia

1 Bedrooms

1 Bathrooms

1 Parking

- Internal area

$720,000 Last sale (2021)

About this property

15/50 Nepean Highway is a ground‑floor beachfront apartment in Aspendale, Victoria. The one‑bedroom, one‑bathroom unit includes a dedicated car space and offers direct ocean views from a private balcony equipped with a sun‑bed and outdoor shower. Recent renovations have modernised the bathroom with a rain‑shower, walk‑in wardrobe, marble benchtop and ethanol burners, and the apartment is air‑conditioned throughout.

The property sold for $720,000 in December 2021, reflecting a premium for its prime beachfront location and updated interior. Aspendale is a coastal suburb of Melbourne known for its high property values, beachside amenities and proximity to Mordialloc and Aspendale train stations

Key details

Locality: Aspendale
State: VIC
Coordinates: 38.01633855 / 145.09362247
GNAF PID: GAVIC410792052
Legal parcel ID: 15\RP12650
Property type: Apartment
Unit internal area: -
Strata/body corporate: Present
Land Use Category: Residential

Market estimates

Based on curated rent estimate, web rent evidence, web value evidence.

Expected weekly rent

$500

Expected property value

$385,000

Estimated yield

6.75%

Confidence

Medium

Based on the comparable property evidence currently available.

Sales history

Event	Date	Price	Price per m²
Sale	1 Dec 2021 Listed on 10 Nov 2021 for $730k, sold after 44 days.	$720,000	—
Sale	1 Nov 2021	$730,000	—

Rental history

Event	Date	Weekly rent
Lease	17 Jun 2019 start date per Allhomes.	$350 per week
Lease	26 Apr 2018	$365 per week
Lease	10 Jan 2017	$350 per week
Lease	21 Apr 2016	$350 per week

Property insights

Property Features

Absolute beachfront location with panoramic ocean views Raywhite.com
Modernised bathroom with rain‑shower, walk‑in wardrobe, marble benchtop and ethanol burners
Ground‑floor balcony featuring a sun‑bed and outdoor shower
Air‑conditioning installed throughout the unit
One bedroom, one bathroom, one dedicated car space
Beachfront location with ocean views
Recently renovated modern bathroom with rain‑shower, walk‑in wardrobe, marble benchtop and ethanol burners
Ground‑floor balcony with sun‑bed and outdoor shower
Air‑conditioning installed
Absolute beachfront apartment: Direct beach access and panoramic ocean views
Potential for higher short‑term rental yields: Ray White notes possible greater returns with short‑term stays

Building profile

15/50 Nepean Highway in Aspendale is a ground‑floor 1‑bedroom, 1‑bathroom, 1‑car space apartment in a beachfront multi‑storey building of about 35 units 730k Ray White

Recorded sales and leasing agents

Recorded sale agency (2021 sale): Ray White Mordialloc recorded for the 2021 sale Ray white

Ownership mix

Approximate occupancy mix for the surrounding area

Owner-occupied

65%

Renter-occupied

35%

Area insights

The surrounding precinct places public transport and civic services within easy reach. The nearby mix of destinations supports everyday convenience and local foot traffic

Mordialloc railway station train services on the Frankston line; 1.2 km away
Mordialloc Police Station police services; 1.1 km away
Mordialloc Railway Water Tower water tower in Victoria, Australia; 1.2 km away
Christopher Brotchie Park local park with walking tracks; 1.6 km away
Mordialloc Creek creek and natural corridor; 1.0 km away

Read suburb profile

Real Estate Agencies

Ordered by:

Buxton - Bentleigh

Buxton - Brighton

Gary Peer & Associates - BENTLEIGH

Buxton - Hampton East

Buxton - Chelsea

OBrien Real Estate - Narre Warren

Ray White - The Bayside Group

Barry Plant - Mordialloc

Zed Real Estate - HAMPTON EAST

Property One - CHELSEA

Ray White - Carrum Downs

Frog Property Sales & Management

* Approximate straight-line distances

Nearby schools

Type:

Ordered by:

Aspendale Primary School

0.8 km

Primary school | Government

St Louis De Montfort's Primary School

0.8 km

Primary school | Catholic

Aspendale Gardens Primary School

2.0 km

Primary school | Government

Yarrabah School

0.5 km

Special school | Government

Mordialloc College

0.5 km

Secondary school | Government

Edithvale Primary School

3.1 km

Primary school | Government

St Brigid's School

0.9 km

Primary school | Catholic

Mordialloc Beach Primary School

1.3 km

Primary school | Government

St Joseph's School

4.8 km

Primary school | Catholic

Chelsea Primary School

5.0 km

Primary school | Government

Chelsea Heights Primary School

5.0 km

Primary school | Government

Parkdale Primary School

2.7 km

Primary school | Government

Parkdale Secondary College

2.8 km

Secondary school | Government

Haileybury - Keysborough Campus

4.6 km

Combined school | Independent

Lighthouse Christian College

4.7 km

Combined school | Independent

St Bede's College

3.6 km

Secondary school | Catholic

Cornish College

6.1 km

Combined school | Independent

Mentone Grammar School

3.9 km

Mentone Girls' Grammar School

4.0 km

Combined school | Independent

Kilbreda College

4.4 km

Secondary school | Catholic

* Approximate straight-line distances

Frequently asked questions

How many bedrooms does the unit have?

The unit has one bedroom

Which primary school is closest to the property?

Aspendale Primary School is the nearest primary school, located about 0.8 km away

How many bathrooms does the unit have?

The unit has one bathroom

How many car spaces are included?

One dedicated car space is allocated to the unit

What was the sale price of the property?

The unit sold for $720,000 in December 2021

What is the advertised market value on the listing?

The listing page shows an advertised value of $730,000

What type of dwelling is this?

It is a beachfront apartment (unit) within a multi‑storey residential building

Which secondary school is nearest to the property?

Mordialloc College is the closest secondary school, situated roughly 0.5 km from the address

Related profiles

Jump to the related profiles for this address.

Root property

50 Nepean Highway

View the main multi-unit property profile covering 30 tracked units.

View root property

Suburb profile

Aspendale

Browse the suburb profile, property mix, and related area data.

View suburb profile

Street profile

Nepean Highway

See the street-level property page and compare nearby listings.

View street profile