Back 3 Melrose Street
Off Market

3 Melrose Street

Mordialloc VIC 3195

3
2
3
House
Last sold for $1,200,000
Steven ZarokostasSteven Zarokostas, last sold this property on 27 February 2026 after 21 days on market.

Overview

The Brief: Bedroom Family Home with Outstanding Renovation or Rebuild Potential (STCA)

It's Addressed : Positioned in one of Mordiallocs most sought-after pockets, this opportunity-rich property sits on approximately 577sqm of prized land and offers exciting scope to renovate, enhance or rebuild (STCA). With a commanding elevated frontage and generous proportions throughout, the home provides a solid foundation for those looking to capitalise on a premium Bayside location. High ceilings enhance the dual-zoned layout, featuring a formal lounge and dining area with heating, complemented by a separate family living zone adjoining a spacious, well-appointed kitchen. Accommodation includes three bedrooms, highlighted by a large master with shower ensuite, plus a dedicated study, central bathroom, separate WC and a full laundry with direct yard access. The west-facing rear garden offers ample space to reimagine an inviting alfresco retreat, while the sizeable allotment also presents the option to clear and create a brand-new home tailored to your familys lifestyle (STCA). Perfectly located within walking distance of Main Street cafes and shops, Mordialloc Station, local restaurants and the beach, this exceptional address is also close to Parkdale Plaza, public transport and falls within the sought-after Parkdale Secondary College zone. A rare chance to secure land, location and limitless potential in a blue-chip Bayside suburb. For more Real Estate in Mordialloc contact your Area Specialist. Note: Every care has been taken to verify the accuracy of the details in this advertisement, however, we cannot guarantee its correctness. Prospective purchasers are requested to take such action as is necessary, to satisfy themselves with any pertinent matters.

Features

3 bedrooms
2 bathrooms
3 carspaces
3 open car spaces
House

Estimated Value

Based on this property and similar 3 bedroom houses sold in Mordialloc over the last 12 months, the estimated median property value of 3 Melrose Street is $1.43m.

Median value
$1.43m
Estimated value range
$920k - $1.85m
Median days on market
25
Estimated value trend
21%
increase over the last 12 months
Average days on market is based on recent, comparable sales in Mordialloc. It is only an indication of the time a property is actively listed and should not be relied upon as an accurate representation of how soon a property will be sold.

Property history for 3 Melrose Street

2026
Sold
$1,200,000
27 Feb 2026 by Steven Zarokostas, of Area Specialist - VIC

Happy sellers in Mordialloc

95%
95% of sellers in Mordialloc reported that their sale price either exceeded or met their price expectations.

Mordialloc stands out for consistently delivering exceptional satisfaction and strong market results for homeowners.

This is based on voluntary sentiment collected from 7 reviews in Mordialloc over the last 12 months.

Local market activity for 3 bedroom houses in Mordialloc

In the last 12 months, 18 three-bedroom houses similar to 3 Melrose Street, have been sold.

This represents a 32% increase in three-bedroom houses sales when compared to the previous 12 months.

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