105 Nepean HighwayAspendale VIC 3195
Property Details for 105 Nepean Hwy, Aspendale
Last Listing description (December 2025)
Where location meets unlimited potential.
Located just steps from the shoreline in one of Melbournes most sought-after beachside communities. This rare property offers an unmatched combination of flexibility, scale, and future upside.
Set on an impressive 652m (approx.), this prime coastal site comes complete with approved plans and permits for five architecturally designed townhouses each crafted to capture stunning views and make the most of this premium beachside position.
With stunning beaches only a few doors away and easy access to downtown Melbourne via nearby public transit, this property sits in a prime location for both lifestyle and investment.
Property Highlights:
-Oversized lot: approx. 652m
-Incredible potential for redevelopment, rental income, or commercial conversion (STCA)
-Walk to the beach, local cafs, schools, shops, and Aspendale Station
Whether youre an international investor, a developer seeking prime coastal land, or someone looking to create a one-of-a-kind home by the sea this is a golden opportunity in the heart of Aspendale.
Property History for 105 Nepean Hwy, Aspendale, VIC 3195
- 30 Oct 2025Sold for $550,000
- 24 Apr 2025Listed for Sale $1,850,000
- 24 May 2024Listed for Sale THE ONE | $1.6M - $1.7M AUCTION 22/02
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0About Aspendale 3195
The size of Aspendale is approximately 3.0 square kilometres. It has 11 parks covering nearly 24.0% of total area. The population of Aspendale in 2016 was 6940 people. By 2021 the population was 7285 showing a population growth of 5.0% in the area during that time. The predominant age group in Aspendale is 40-49 years. Households in Aspendale are primarily couples with children and are likely to be repaying $1800 - $2399 per month on mortgage repayments. In general, people in Aspendale work in a professional occupation.In 2021, 80.20% of the homes in Aspendale were owner-occupied compared with 79.80% in 2016.
Aspendale has 3,349 properties. Over the last 5 years, Houses in Aspendale have seen a 43.71% increase in median value, while Units have seen a 24.40% increase. As at 30 November 2025:
- The median value for Houses in Aspendale is $1,549,507 while the median value for Units is $969,390.
- Houses have a median rent of $850 while Units have a median rent of $650.
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