18/9-11 Manikato Avenue, Mordialloc VIC 3195
18/9-11 Manikato Avenue, Mordialloc VIC 3195
This is a 3-bedroom, 2-bathroom townhouse with 2 car spaces on approximately 183 square metres of land. It includes ducted heating and cooling, a guest powder room, and a full laundry.
This townhouse is positioned as a lower-entry point within a well-regarded Mordialloc enclave, offering a family-sized layout without the premium attached to larger lots in the same cluster. The configuration is practical and low-maintenance, making it a strong fit for families seeking space without extensive upkeep. The inclusion of ducted heating and cooling, a powder room, and generous storage adds genuine everyday utility. Its price point suggests it may offer better relative value than comparable properties nearby, which could translate to stronger demand from buyers prioritising affordability within a solid location.
The land size discrepancy between sources may reflect a genuine boundary or measurement difference, and this could influence how the property is valued relative to others. The last recorded sale in 2008 means the current asking price may not fully reflect recent market shifts, and a buyer should weigh whether the property has been updated accordingly. Its position as the lower-priced option in the immediate area might indicate a specific constraint, such as a less desirable aspect or tighter floorplan, which could affect resale appeal. These factors should be considered when forming a view on price.
Detailed Independent Property Report prepared by PropCred Analyst team for 18/9-11 Manikato Avenue, Mordialloc VIC 3195
Checks found:
Value Risk
2
Liquidity Risk
Planning Risk
Income Risk
1
Execution Risk
1
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Market Insight
Mordialloc is a vibrant bayside suburb, with its marina, beaches, and café culture anchoring strong lifestyle appeal. This coastal amenity primarily attracts owner-occupiers and lifestyle-focused buyers. The market demonstrates solid fundamentals, with houses showing steady capital appreciation and units exhibiting notably stronger recent growth. Future demand is underpinned by its enduring coastal location, though the premium pricing for houses presents a natural affordability constraint for some segments of the market.
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PropCred Estimated Value
Bedrooms
3
Bathroom
2
Parking
2
Land
183m²
Research & Review
Prepared by Steve Dalton, Senior Analyst
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Reviewed by Matt Proctor, Principal Analyst
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