RBA Cash Rate:4.35%Next Meeting:13dExpectation:HOLDSydney Clearance:68.2%Melbourne Clearance:63.5%National Clearance:62.8%

    Mordialloc VIC Property Market

    Postcode 3195

    Data updated: April 2026 · Sources: ABS Census, CoreLogic, Domain

    About the Mordialloc Property Market

    Mordialloc is a bayside suburb located approximately 24 kilometres southeast of Melbourne's CBD, positioned along the scenic Mordialloc Creek and Port Phillip Bay coastline. This established residential area combines beachside living with convenient access to metropolitan amenities, featuring a mix of period homes, contemporary developments, and waterfront properties. The suburb's proximity to both beach and parkland environments makes it particularly attractive to families and lifestyle-focused buyers.

    Property Market

    The local property market features predominantly detached houses ranging from original weatherboard cottages to modern family homes, with a growing selection of townhouses and apartments near the shopping precinct. Property values typically sit above the metropolitan median, reflecting the suburb's desirable bayside location and established infrastructure. The market attracts steady interest from both owner-occupiers and investors drawn to the area's lifestyle appeal and transport connectivity.

    Lifestyle and Amenity

    Mordialloc offers excellent educational facilities including well-regarded primary and secondary schools, while the nearby Parkdale Secondary College provides additional options for families. The suburb benefits from regular train services on the Frankston line, connecting residents directly to Melbourne's CBD in under 40 minutes. Local amenities include the popular Main Street shopping strip, recreational facilities at Mordialloc Creek, and easy access to Braeside Park and various sporting clubs.

    Who Buys Here

    The area appeals primarily to young families seeking quality schools and beach proximity, along with established professionals looking for a relaxed coastal lifestyle within commuting distance of the city. Empty nesters and retirees are also drawn to the suburb's peaceful atmosphere and well-developed community facilities. First-home buyers often consider Mordialloc as an entry point into bayside living.

    Investment Outlook

    Rental demand remains consistent due to the suburb's transport links, educational facilities, and lifestyle amenities that attract both families and young professionals. The ongoing development of nearby employment hubs and continued infrastructure improvements support long-term growth potential in the area.

    Data last updated: 4 Apr 2026

    Median price data for Mordialloc is not yet in our database. Price data is expanding across all Australian suburbs.

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    How to Research a Suburb

    Understanding the Numbers

    Median house price represents the middle sale in a period — not the average. Rental yield is annual rent divided by property value. Vacancy rate below 3% indicates strong tenant demand. Annual growth shows 12-month price change — not a guarantee of future performance.

    What to Research Before Buying

    Check council zoning and DA restrictions, flood and bushfire overlays on state planning portals, infrastructure pipeline (rail, roads, schools), employer concentration (single-industry suburbs carry higher risk), and auction clearance rates (above 70% signals a seller's market).

    Due Diligence Checklist

    • ☐ Building and pest inspection
    • ☐ Strata report (if applicable)
    • ☐ Contract review by conveyancer
    • ☐ Comparable sales in last 90 days
    • ☐ Rental vacancy rate
    • ☐ Council rates and water rates
    • ☐ Body corporate fees (if applicable)

    Data sources: ABS Census 2021, CoreLogic property transaction data, Domain listing data, and RBA statistical tables. Updated as new data becomes available.