5/120-122 Nepean Hwy, Aspendale is a 3 bedroom, 1 bathroom Unit with 1 parking spaces and was built in 1960. The property has a land size of 2449m2 and floor size of 68m2. While the property is not currently for sale or for rent, it was last sold in February 2024.
Nestled quietly within a large beachfront complex, this ground floor apartment offers an exceptional opportunity for first home buyers, young couples or wise investors seeking entry into the market. Outstanding value and future prospects underpinned by its unbeatable location with private beach access to the complex, cafes at your doorstep and a brief 300m to Aspendale station.
Offering an ideal low maintenance lifestyle, the home boasts light and bright interiors due to a north-facing aspect, with polished timber floors throughout, creating a seamless flow from one room to another. The large living and dining room combined with an adjoining neat kitchen offers gas cooking and ample storage, two double bedrooms with built in robes and an original bathroom with European laundry complete the internal areas.
Outside, enjoy the vast alfresco decking, covered and private for all year round enjoyment - where the paved courtyard provides extra off street parking if required through double gates to your yard, plus an on title carport in the complex.
The size of Aspendale is approximately 3.0 square kilometres. There are 11 parks, covering nearly 24.0% of the 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 3,338 properties. Over the last 5 years, Houses in Aspendale have seen a 12.65% increase in median value, while Units have seen a 17.31% increase. As at 31 May 2026:
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