Aspendale at a glance
Median house
$1,342,500
Median unit
$948,500
Walk score
36
Car dependent
Population
7,285
Median age 40
The brief
What to know about Aspendale.
The postcode for Aspendale is 3195 (VIC), part of Greater Melbourne.
The median house price in Aspendale is $1,342,500.
Aspendale (3195) sits in the Kingston region of Victoria. The median house here is $1,342,500, well above the Victoria median of around $850K.
Aspendale has roughly 7,285 residents, with a typical family-age mix. Households are predominantly owner-occupied. Daily life is car-friendly: most residents drive to work, school and the shops.
Side by side
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Median, growth, schools, walkability, all in one view.
Day to day
What it’s like to live here.
Aspendale scores 36/100 on walkability, which makes it car-friendly with limited public transport. Plan for two cars in a typical household, especially if work isn't local.
Summer days here average around 26°C (mild), winter mornings around 7°C (cool). Annual rainfall lands at about 639mm. Data comes from the Bureau of Meteorology's Melbourne (Olympic Park) station, 64.9km away.
Schooling within or near the suburb covers 8 government primary, 2 government secondary, 6 Catholic, 3 independent.
Who lives here
Demographics.
The 2021 Census put Aspendale's population at 7,285, with a median age of 40. That sits as a typical family-age mix. Households are predominantly owner-occupied (80% own, 18% rent), which shapes everything from school catchment stability to how often properties turn over. The household mix skews family-dominated (77% family households, 21% lone person), so amenity decisions tend to follow what families want: parks, schools, supermarkets.
Population
7,285
Median age
40
Family households
77%
Lone person
21%
Demographics data as of May 2026· ABS 2021 Census
Houses change hands at $1,342,500 on a typical sale, well above the Victoria median. Units come in around $948,500, roughly 29% below the house median.
For buyers
A 20% deposit on the median house works out to roughly $269,000. Prices sit well above the Victoria median, so plan for a stretched deposit and shop carefully on borrowing capacity.
Market
The price of a home here.
Median house price
$1,342,500
+0.0% over the past year. Median unit price $948,500.
Sales data as of May 2026· sales-vic
Rental and ownership
Weekly rent (house)
$680/wk
Weekly rent (unit)
$545/wk
Owner occupied
80%
Renter occupied
18%
At a deeper level
$1,342,500
$948,500
7,285
Median age: 40
Rental data as of September 2025· rental-vic
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For investors
Investment overview.
Gross rental yield on houses sits at 2.63% (median rent $680/wk against a $1,342,500 price tag). Units yield 2.99% gross, often the better cash-flow play for first-time investors. Renter share is modest (18%), so the rental pool is smaller and tenant demand can be patchier than in higher-density suburbs.
Gross Yield (House)
Source: Land Victoria / DTP · May 20262.63%
Based on $1,342,500 median
Gross Yield (Unit)
Source: Land Victoria / DTP · May 20262.99%
Based on $948,500 median
Annual Growth (House)
Source: Land Victoria / DTP · May 2026–
Year-on-year capital growth
Annual Growth (Unit)
Source: Land Victoria / DTP · May 2026–
Year-on-year capital growth
Owner Occupancy
Source: ABS Census 2021 · May 202680%
Higher = more owner-occupier demand
Days on Market
Source: Land Victoria / DTP · May 2026–
Lower = higher buyer demand
Gross rental yield is annual rent divided by purchase price, before expenses. It does not account for vacancy rates, management fees, maintenance, or financing costs. Use this as a starting point for further research.
Safety
Crime and safety.
290
total offences in 2025
Top offence categories
Crime statistics are reported at LGA level and may cover a broader area than this suburb.
Source: State Police Open Data
Crime data as of December 2025· State Police Open Data
Getting around
Walkability.
36
20
100
Scores calculated from OpenStreetMap data (ODbL)
Walkability data as of May 2026· OpenStreetMap
Place
Location.
Amenities
Transport
Education
Schools in Aspendale.
Local schools for Aspendale
View the catchment for each school to find out more.
Government School Catchment
Aspendale Primary School
Aspendale Gardens Primary School
Yarrabah School
© ACARA, licensed under CC BY 4.0.
Climate
Weather year-round.
Annual Rainfall
639 mm
Hottest Month (avg max)
26.0°C
Coldest Month (avg min)
6.5°C
Monthly Rainfall (mm)
Weather data from BOM station Melbourne (Olympic Park) (65 km away)
Climate data as of May 2026· Bureau of Meteorology
Frequently asked
About Aspendale.
- What is the median house price in Aspendale?
- The median house price in Aspendale, VIC 3195 is $1,342,500. The median unit price is $948,500.
- What is the Aspendale postcode?
- Aspendale is in the 3195 postcode, in VIC, in the City of Kingston region.
- Where is Aspendale?
- Aspendale is a suburb of Melbourne, in VIC 3195. It is part of the Greater Melbourne area, in the City of Kingston region.
- What is the average rent in Aspendale?
- The median weekly rent for houses is $680, for units it's $545.
- What schools are in Aspendale?
- There are 20 schools serving Aspendale on this page, including Aspendale Primary School, St Louis de Montfort's School, Aspendale Gardens Primary School.
- How walkable is Aspendale?
- Aspendale has a Walk Score of 36 out of 100, car-dependent for most errands. transit score 20, bike score 100.
- What suburbs are near Aspendale?
- Aspendale is close to Aspendale Gardens, Edithvale, Waterways, Mordialloc, Chelsea.
- What is the population of Aspendale?
- The population of Aspendale is approximately 7,285 (2021 Census). The median age is 40.
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Sources cited
Median, growth and rental data from state revenue offices and ABS. Census from ABS 2021. Climate from BoM. Hazard from Geoscience Australia. School data from ACARA. Crime from state police open data. Full methodology →
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