Property Growth Aus

Aspendale Property Growth

VIC · 3195 · South-East Melbourne

A bayside suburb in the City of Kingston with direct Frankston line rail access, local shopping on Station Street and Laura Street, and the Aspendale to Carrum Foreshore Reserve.

ProfileLast updated: June 2026

Overview

Location: City of Kingston

A bayside suburb in the City of Kingston with direct Frankston line rail access, local shopping on Station Street and Laura Street, and the Aspendale to Carrum Foreshore Reserve.

Market Snapshot

Median House Price

$1.40m

Median Unit Price

$788k

Avg Days on Market

38 days

Demographics

Estimated Population

7,285

Owner Occupier Rate

80.2%

Renter Rate

17.6%

Transport & Connectivity

Aspendale is served directly by Aspendale railway station on the Frankston line, providing a direct rail link to the city.

Major Roads

  • Nepean Highway
  • Governor Road

Aspendale is approximately 27km south-east of the Melbourne CBD, within the City of Kingston. Verify current timetables and traffic conditions before relying on any commute estimate.

Education

Aspendale is well served for schooling within the suburb.

Primary Schools

  • Aspendale Primary School (International Baccalaureate World School)
  • St Louis de Montfort's Primary School (Catholic)

Secondary Schools

  • Mordialloc Secondary College (located on the south bank of Mordialloc Creek within Aspendale)

Childcare

Nearby private schools in Mentone are also within reach. A range of long day care, kindergarten and outside school hours care providers operate across Aspendale. Always verify availability and waitlists directly with providers.

Amenities & Lifestyle

Aspendale has local shopping strips on Station Street and Laura Street, with cafes and specialty stores, plus the Aspendale to Carrum Foreshore Reserve along Port Phillip Bay. Larger retail and dining precincts in Mordialloc and Chelsea are a short distance away.

Employment

Mordialloc Secondary College and local retail strips provide some local employment; Moorabbin Airport business precinct is also within reach.

Commercial Centres

  • Station Street and Laura Street shopping strips

Infrastructure

No major infrastructure projects are currently confirmed for Aspendale. Check Infrastructure Australia's project pipeline, State Government announcements or City of Kingston's website for the latest updates on works that may affect the area.

Growth Drivers

  • Direct Frankston line rail access — Aspendale station provides a direct commuter link into the city.
  • International Baccalaureate primary schooling — Aspendale Primary School is an IB World School, a point of difference supporting family demand.
  • Foreshore and beach lifestyle — the Aspendale to Carrum Foreshore Reserve provides direct coastal access along Port Phillip Bay.
  • Proximity to Mordialloc and Chelsea retail precincts — larger shopping and dining options are a short distance away.

Key Risks

  • Small local commercial centre — Aspendale's own shopping strips are modest, with residents relying partly on neighbouring Mordialloc and Chelsea for larger retail.
  • Interest rate and lending sensitivity — like all property markets, local prices and buyer activity can be affected by changes in interest rates and lending conditions.

Frequently Asked Questions

Aspendale offers direct Frankston line rail access, IB World School primary schooling and a foreshore and beach lifestyle, but every investor's circumstances and goals differ. This is general information, not personalised financial advice — consider speaking with a licensed financial adviser before making investment decisions.

Refer to the Market Snapshot section on this page for current median price data sourced from our live database.

Aspendale is served by Aspendale Primary School, an IB World School, and St Louis de Montfort's Primary School, with Mordialloc Secondary College located within Aspendale on the south bank of Mordialloc Creek.

Aspendale is served directly by Aspendale railway station on the Frankston line. Verify current timetables and traffic conditions before relying on any commute estimate.

Aspendale has local shopping strips on Station Street and Laura Street, plus the Aspendale to Carrum Foreshore Reserve along Port Phillip Bay.

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Sources

This content is for informational and educational purposes only. It does not constitute financial advice. Nothing on this page constitutes financial, investment, legal or tax advice. Property markets are volatile and past performance is not indicative of future results. Always seek independent advice from a qualified financial adviser before making any property investment decision.