OFF MARKET

2 Gilels Way
Balnarring Beach VIC 3926

Bedrooms: 5
Bathrooms: 4
Car spaces: 7
Floor area: 723m2
Land area: 10586m2
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Property Details for 2 Gilels Way, Balnarring Beach

2 Gilels Way, Balnarring Beach is a 5 bedroom, 4 bathroom House with 7 parking spaces and was built in 2010. The property has a land size of 10586m2 and floor size of 723m2. While the property is not currently for sale or for rent, it was last sold in June 2020.

Building Type
House
Year Built
2010
Floor Size
723m2
Land Size
10586m2
Local Government
Mornington Peninsula
Lot/Plan
2/PS431867

Last Listing description (August 2023)

In an unprecedented offering, this spectacular property on approx. 2.65 acres (approx), just a 300m stroll from the beach, that offers luxury, resort inspired living set in manicured gardens. Sharing an exclusive, gated community with only two other properties, this breathtaking estate wraps around a stunning, fully tiled pool and spa, floodlit tennis court, and stretches out over vast, mature gardens to capture majestic views over neighbouring farmland. Completely captivating with every contemporary inclusion, the main residence achieves a striking sense of space and light, with extensive glass stretching up to soaring ceilings to promote an exceptional indoor/outdoor harmony. Offering an entertainer?s paradise, multiple living zones flow from a stunning polished concrete kitchen and expansive dining, and open to an outstanding choice of Al fresco entertaining areas surrounding the sparkling pool. With six bedrooms including a stunning master retreat with sauna, childrens/teenage retreat with large living separating two bedrooms and luxury two-way bathroom, gym, home theatre room and office with kitchenette, bathroom and separate entry, the property is further highlighted by a breathtaking ?pool house? offering lavish guest accommodation. Comprehensively appointed with heated, polished concrete floors, ducted heating and cooling, gas fireplaces, monitored security, solar power, all mains connections and remote garaging for up to 7 cars plus much more, this truly indulgent property is beautifully secluded yet just moments from shops, schools and transport, offering the absolute pinnacle of Peninsula living.

Inspection by appointment only.

Property History for 2 Gilels Way, Balnarring Beach, VIC 3926

A timeline of how this property has performed in the market
Last Sold
$4,350,000
29 Jun 2020
  • 22 Aug 2023
    Listed for Sale Not Disclosed
  • 29 Jun 2020
    Sold for $4,350,000
  • 09 Jun 2020
    Listed for Sale Contact Agent
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About Balnarring Beach 3926

The size of Balnarring Beach is approximately 1.6 square kilometres. It has 5 parks covering nearly 12.6% of total area. The population of Balnarring Beach in 2011 was 354 people. By 2016 the population was 425 showing a population growth of 20.1% in the area during that time. The predominant age group in Balnarring Beach is 60-69 years. Households in Balnarring Beach are primarily childless couples and are likely to be repaying $1000 - $1399 per month on mortgage repayments. In general, people in Balnarring Beach work in a professional occupation. In 2011, 81.4% of the homes in Balnarring Beach were owner-occupied compared with 84.8% in 2016.

Balnarring Beach has 437 properties. Over the last 5 years, Houses in Balnarring Beach have seen a 37.73% increase in median value. As at 31 October 2024:

  • The median value for Houses in Balnarring Beach is $1,264,965 while the median value for Units is $545,496.
  • Houses have a median rent of $465.
There are currently 5 properties listed for sale, and no properties listed for rent in Balnarring beach on OnTheHouse. According to CoreLogic's data, 10 properties were sold in the past 12 months in Balnarring beach.

Suburb Insights for Balnarring Beach 3926

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Disclaimer
Whilst all reasonable effort is made to ensure the information in this publication is current, CoreLogic does not warrant the accuracy or completeness of the data and information contained in this publication and to the full extent not prohibited by law excludes all for any loss or damage arising in connection with the data and information contained in this publication.