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Apartment

5/126 Nepean Highway

Aspendale VIC 3195, Australia

3 Bedrooms
1 Bathrooms
1 Parking
2197 m² Land size
- Internal area
$455,000 Last sale (2013)

About this property

yardizepropertyrecord

Unit 5 at 125‑126 Nepean Highway, Aspendale VIC 3195 is a three‑bedroom, one‑bathroom apartment with a single off‑street car space. It forms part of a low‑rise coastal complex that offers direct beach access and is situated within walking distance of Aspendale railway station and local schools. The property is managed by Ray White The Bayside Group.

Estimated market value is around $770,000 and the expected weekly rent is approximately $680, delivering a gross yield near 4.5 %. The unit previously sold for $470,000 on 17 February 2013 and was leased on 29 April 2021

Also written as Unit 5, 126 Nepean Highway.

Key details

Locality
Aspendale
State
VIC
Coordinates
38.025598 / 145.100627
GNAF PID
GAVIC410789219
Legal parcel ID
1\RP2770
Property type
Apartment
Unit land size
2197 m²
Unit internal area
-
Heritage overlay
None detected
Land Use Category
Residential

Market estimates

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

Expected weekly rent
$710
Expected property value
$770,000
Estimated yield
4.79%
Confidence
High

Based on the comparable property evidence currently available.

Sales history

EventDatePricePrice per m²
Sale
17 Feb 2013
$455,000—
Sale
17 Feb 2013
$470,000—
Sale
25 Aug 2006
$330,125—
Sale
9 Jan 2006
$315,000—
Sale
29 Jun 2000
$215,000—
Sale
5 Oct 1994
$77,500—
Sale
$455,000—

Rental history

EventDateWeekly rent
Lease
29 Apr 2021
broker: O’Brien Real Estate Mordialloc
—

Property insights

Property Features

  • Separate kitchen with gas cooking Raywhite.com
  • Balcony
  • Floorboards
  • Laundry taps in kitchen
  • Split‑system heating/cooling
  • Direct beach access: A few minutes walk to Aspendale beach Forsalebyowner.com.au Raywhite.com
  • Close to public transport: ~200 m to Aspendale railway station

Recorded sales and leasing agents

  • The unit is managed by Ray White The Bayside Group Raywhite.com
  • Contact agents Ildiko Orsos (0459 625 056) and Isabella Dinelli (0466 589 468)
  • The property was leased on 29 April 2021
Recorded sale agency (2013 sale)
Ray White The Bayside Group recorded for the 2013 sale Ray white
Recorded listing contacts
Ildiko Orsos 0459 625 056 Isabella Dinelli 0466 589 468

Building profile

  • Unit 5 at 125‑126 Nepean Highway, Aspendale VIC 3195 is a residential apartment with 3 bedrooms, 1 bathroom and a single car space Forsalebyowner.com.au Raywhite.com
  • No risk overlays: No bushfire, flood or heritage overlays identified

Ownership mix

Approximate occupancy mix for the surrounding area
Owner-occupied
40%
Renter-occupied
60%

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
0.7 km
Primary school | Government
St Louis De Montfort's Primary School
0.9 km
Primary school | Catholic
Aspendale Gardens Primary School
1.2 km
Primary school | Government
Yarrabah School
1.4 km
Special school | Government
Mordialloc College
1.7 km
Secondary school | Government
Edithvale Primary School
1.9 km
Primary school | Government
St Brigid's School
2.0 km
Primary school | Catholic
Mordialloc Beach Primary School
2.5 km
Primary school | Government
St Joseph's School
3.7 km
Primary school | Catholic
Chelsea Primary School
3.8 km
Primary school | Government
Chelsea Heights Primary School
3.9 km
Primary school | Government
Parkdale Primary School
3.9 km
Primary school | Government
Parkdale Secondary College
3.9 km
Secondary school | Government
Haileybury - Keysborough Campus
4.5 km
Combined school | Independent
Lighthouse Christian College
4.7 km
Combined school | Independent
St Bede's College
4.8 km
Secondary school | Catholic
Cornish College
5.0 km
Combined school | Independent
Mentone Grammar School
5.1 km
Mentone Girls' Grammar School
5.1 km
Combined school | Independent
Kilbreda College
5.6 km
Secondary school | Catholic
* Approximate straight-line distances

Frequently asked questions

How many bathrooms are there?

There is one bathroom

Raywhite.com
How many car spaces are included?

The unit includes one off‑street car space

Raywhite.com
How many bedrooms does the unit have?

The apartment has three bedrooms

Raywhite.com
What is the estimated market value of the unit?

Estimated market value is around $770,000

Raywhite.com
What is the estimated weekly rent?

Estimated weekly rent is about $680 per week

Raywhite.com
What type of property is this?

It is a residential apartment

Raywhite.com
Which primary school is nearest to the property?

Aspendale Primary School is the closest primary school, roughly 0.6 km away

Which secondary school is nearest to the property?

Mordialloc College is the nearest secondary school, about 1.7 km away

Related profiles

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Root property

126 Nepean Highway

View the main multi-unit property profile covering 15 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

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View street profile