4/16 Melrose StreetMordialloc VIC 3195
Property Details for 4/16 Melrose St, Mordialloc
4/16 Melrose St, Mordialloc is a 2 bedroom, 1 bathroom Unit with 1 parking spaces and was built in 1970. The property has a land size of 127m2 and floor size of 79m2. While the property is not currently for sale or for rent, it was last sold in October 2017.
Last Listing description (November 2017)
This is the place to make your start in real estate. Whether owning or investing you will find this great location pays dividends. In a quiet street with Parkdale shopping centre in one direction and Mordialloc attractions in the other it s a well positioned proposition. Step inside to a renovated home of warmth and charm, courtesy of ornate cornices, timber venetians and hardwood timber floors, while reverse cycle air-conditioner in the big living /dining room and stone topped work benches with glass splashback in the kitchen are appealingly modern. The back door opens to a small bit of garden on the side and as this is a rear unit it is completely private. Robes in both bedrooms and a modern style bathroom adds up to a great deal in real estate. Don t miss this starter!
Property History for 4/16 Melrose St, Mordialloc, VIC 3195
- 14 Oct 2017Sold for $577,000
- 20 Sep 2017Listed for Sale Under Offer
- 11 Jan 2017Listed for Rent $390 / week
Recent sales nearby
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About Mordialloc 3195
The size of Mordialloc is approximately 4.4 square kilometres. It has 18 parks covering nearly 24.6% of total area. The population of Mordialloc in 2016 was 8166 people. By 2021 the population was 8886 showing a population growth of 8.8% in the area during that time. The predominant age group in Mordialloc is 40-49 years. Households in Mordialloc are primarily couples with children and are likely to be repaying $1800 - $2399 per month on mortgage repayments. In general, people in Mordialloc work in a professional occupation.In 2021, 68.30% of the homes in Mordialloc were owner-occupied compared with 66.20% in 2016.
Mordialloc has 5,622 properties. Over the last 5 years, Houses in Mordialloc have seen a 16.30% increase in median value, while Units have seen a 15.73% increase. As at 31 March 2026:
- The median value for Houses in Mordialloc is $1,498,005 while the median value for Units is $777,597.
- Houses have a median rent of $765 while Units have a median rent of $568.
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