

231 Chesterville Road, Moorabbin, Vic 3189
$1,100,000 - $1,200,000
5 4 3
Open Saturday 6 June 10:00 am Auction Saturday 27 June 10:00 amOriginally a vast agricultural and market gardening district providing produce for Melbourne. Post-WWII, it transformed into a major manufacturing and industrial heartland for the south-eastern corridor.
Currently undergoing a significant cultural shift as old warehouses are repurposed into high-end hospitality and office precincts like Morris Moor.
How this suburb feels day-to-day.
Dominant dwelling stock.
Typical entry to ceiling.
Moorabbin is the 'bridge' suburb between the affluent Bayside suburbs and the industrial south-east. It offers a strategic entry point for buyers who value amenity and transport over traditional suburban quietude.
$1.15m – $1.85m
$580k – $950k
12-month movement
Current asking rents
The price gap between Moorabbin and neighboring Bentleigh (approx. $300k+) remains a primary driver for demand in the 3189 postcode.
Price comparison
Median price ÷ median income
Estimated rental yield
While more affordable than Bayside, Moorabbin is no longer a 'cheap' suburb. It is now firmly a middle-market destination.
Lower = tighter market
Avg time on market
Annual rental increase
Young professionals, TAFE students, and small families seeking proximity to the city and beach.
Strong capital growth prospects and low vacancy make it a safe bet, though yields are compressing as entry prices rise.
Expect continued outperformance of the Melbourne average as the suburb's 'cool factor' increases and the industrial-to-residential transition nears completion.
vs last 12 months
Relative comparison
Focus on residential streets west of the Nepean Highway for the highest perceived safety and lowest through-traffic.
The primary risks are environmental and acoustic rather than social. Industrial history and aviation paths are the main due diligence items.
Low risk; some localized flash flooding near drainage easements during extreme weather.
Negligible risk.
Standard premiums apply; no significant environmental loading noted for the majority of the suburb.
SBO (Special Building Overlay) in some parts; PAO (Public Acquisition Overlay) near major road projects.
The Moorabbin Station precinct and the blocks surrounding Morris Moor.
Zoning changes are encouraging higher density near the station, which may impact privacy for existing single-level homes.
Excellent rail and road access; well-serviced by bus routes to Southland and Chadstone.
High and improving; Morris Moor provides a 'city-style' dining and work hub.
Moorabbin Reserve is the standout; smaller local parks are scattered but can be sparse in industrial zones.
Moorabbin Primary is well-regarded; access to Bentleigh Secondary College is a major drawcard for specific zones.
Close proximity to Monash Medical Centre (Bentleigh East) and Sandringham Hospital.
A diverse mix of older 'stayers' and an influx of young professional couples and families.
The high percentage of 25-44 year olds is driving the demand for cafes, breweries, and modern fitness amenities.
The suburb is defined by the successful 'Morris Moor' precinct and ongoing station-area intensification.
Residents love the 'up-and-coming' energy and the convenience of the train line, though some miss the quiet of purely residential suburbs.
The change in the last few years is incredible. We used to have to drive to Bentleigh for a good coffee; now we have some of the best breweries and cafes in Melbourne right here at Morris Moor.
Getting to the city is a breeze on the express train. It's the perfect middle ground for my work in the CBD and our weekends at the beach.
The traffic on South Road is getting worse every year, and the planes from the airport can be loud on some days, but the convenience keeps us here.
Position the property as a 'lifestyle-first' opportunity that bridges the gap between urban cool and Bayside convenience.
High demand for 2-3 bedroom townhouses among young professionals.
Potential for apartment oversupply in the immediate station precinct.
Great access to public transport and a growing social scene.
Noise from the train line and nearby commercial operations.
Ensure all properties meet the latest Victorian minimum rental standards, particularly regarding insulation and heating.
Industrial-chic lifestyle, Bayside-adjacent value, and the '28-minute CBD commute'.
Young couples (28-40), young families, and 'equity-rich' downsizers from the inner-south.
This report is based on data available as of 2026-03-06. It is intended for informational purposes only and does not constitute financial or investment advice. Buyers should conduct their own independent research and consult with legal and financial professionals before making any property purchase.
Now
Before

$1,100,000 - $1,200,000
5 4 3
Open Saturday 6 June 10:00 am Auction Saturday 27 June 10:00 am

$1,400,000 - $1,500,000
4 3 2
Open Saturday 6 June 12:00 pm Auction Saturday 27 June 1:00 pm

$1,000,000 - $1,100,000
4 2 2
Open Saturday 6 June 10:45 am Auction Saturday 4 July 10:30 am

$1,100,000 - $1,190,000
3 1 2
Open Saturday 6 June 10:45 am Auction Saturday 20 June 10:30 am

$1,050,000 - $1,150,000
4 2 1
Open Saturday 6 June 10:00 am Auction Saturday 20 June 12:00 pm

Auction Unless Sold Prior | $890,000 - $970,000
3 1 2
Open Saturday 6 June 10:00 am Auction Saturday 20 June 10:00 am

$1,150,000 - $1,250,000
4 2 3
Open Saturday 6 June 10:30 am Auction Saturday 20 June 1:00 pm

$1,450,000 - $1,590,000
4 3 2
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