This section provides an analysis of the market, utilising market data and input from agents to provide relevant comparables.
Townhouse/duplex projects across the last 2 years & and within approximately 800m of 16 John Street, Mordialloc:
38B Sixth St, Parkdale VIC 3195- $2,250,000 (Dec, 2023)
https://www.realestate.com.au/sold/property-townhouse-vic-parkdale-143697908
Comments: No views, average layout, small living areas, 800m from beach
1d Dover Place Parkdale VIC 3195- $2,280,000 (April, 2022)
https://www.domain.com.au/1d-dover-place-parkdale-vic-3195-2017666352
Comments: Views from the roof terrace, 800m from the beach, small living areas
4 Birdwood Street Parkdale VIC 3195- $2,295,000 (Feb, 2023)
https://www.domain.com.au/4-birdwood-street-parkdale-vic-3195-2017531573
Comments: Great views, average finishes, terrible layout, reverse floor plan (top living)
199A Beach Road Mordialloc VIC 3195- $2,350,000 (July, 2021)
https://www.domain.com.au/199a-beach-road-mordialloc-vic-3195-2017026832
Comments: On a busy road, water views, 5 x car spaces (basement), average finishes, and extremely average floor plan
15B Herbert Street Parkdale VIC 3195- $2,580,000 (April, 2023)
https://www.domain.com.au/15b-herbert-street-parkdale-vic-3195-2018454194
Comments: Presale, similar finish level, small living areas (tight for living spaces)
35b Herbert Street Parkdale VIC 3195- $2,605,000 (June, 2023)
https://www.domain.com.au/35b-herbert-street-parkdale-vic-3195-2018526421
Comments: small living areas, similar finish level to intended development
13b Laburnum Street Parkdale VIC 3195- $2,160,000 (April, 209023)
https://www.domain.com.au/13b-laburnum-street-parkdale-vic-3195-2018466514
Comments- No views and about 5 blocks from the ocean, 2 bathrooms
38A Fifth Street Parkdale VIC 3195- $2,2107,000 (Feb, 2022)
https://www.domain.com.au/38a-fifth-street-parkdale-vic-3195-2017547177
Comments: No views, average finishes
9 Montgomery Street Mordialloc VIC 3195- $2,100,000 (March, 2023)
https://www.domain.com.au/9-montgomery-street-mordialloc-vic-3195-2018338378
Comments: 3 bedrooms only, no lift, limited views from the roof terrace, small living areas, average finishes
41a Fifth Street Parkdale VIC 3195- $2,010,000 (June, 2021)
https://www.domain.com.au/41a-fifth-street-parkdale-vic-3195-2016996321
Comments: 2 bathrooms, tight layout, no views, average finishes
21B James Street, Mordialloc VIC 3195- $2,550,000- $2,750,000
https://www.domain.com.au/21b-james-street-mordialloc-vic-3195-2018846245
Comments: Next street, limited views, living areas very small, duplex
179A Beach Road, Parkdale VIC 3195- $2,100,000-$2,300,000
https://www.domain.com.au/179a-beach-road-parkdale-vic-3195-2019011101
Comments: Older home, spacious with 2 living areas so essentially 4 bedroom
1/33 Nepean Highway, Aspendale VIC 3195- $2,300,000 - $2,500,000
https://www.domain.com.au/1-33-nepean-highway-aspendale-vic-3195-2019148741
Comments: Similar sizing, similar quality project