5-7 Manikato Ave, Mordialloc

Mordialloc is a beachside suburb in Melbourne, Victoria, Australia, 24 km south-east of Melbourne's central business district. Its local government area is the City of Kingston.

Median property prices over the last year range from $1,135,000 for houses to $622,500 for units. Houses in Mordialloc rent out for $550 PW with an annual rental yield of 2.5% and units rent for $420 PW with a rental yield of 3.5%.

Based on five years of sales, Mordialloc has seen a compound growth rate of 6.4% for houses and 4.0% for units.

Mordialloc is one of Melbourne’s best kept secrets. It is a great lifestyle suburb with little shortcomings. Easily access the nearby beach, paired with sensational cafes and restaurants. With excellent proximity to the Melbourne CBD, along with great schools and excellent childcare within the area, Mordialloc is a great all-rounded suburb.