OFF MARKET

5/323 Beach Road
Black Rock VIC 3193

Bedrooms: 2
Bathrooms: 1
Car spaces: -
Floor area: 77m2
Land area: 958m2
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Property Details for 5/323 Beach Rd, Black Rock

5/323 Beach Rd, Black Rock is a 2 bedroom, 1 bathroom Unit and was built in 1960. The property has a land size of 958m2 and floor size of 77m2. While the property is not currently for sale or for rent, it was last sold in June 2023.

Building Type
Unit
Year Built
1960
Floor Size
77m2
Land Size
958m2
Local Government
Bayside
Lot/Plan
5/RP8033

Last Listing description (August 2017)

Only steps to the beach and 400m to the village means locations don't get any better than this. This super sized ground floor apartment in small group of eight affords the beachfront lifestyle for a fraction of the price you would expect. Featuring bay views from the lounge/dining and private balcony to savour the endless sunsets and sea breezes that encapsulates the best that bay side living has to offer.
This oversized apartment, in a mid century retro block, has an updated kitchen and bathroom, polished boards, ducted heating, sea breeze private balcony, Euro laundry and a lock up garage. High ceilings and built in robes in both oversize bedrooms with access to the balcony from the master bedroom and also the lounge/dining area.
This retro classic is situated within very easy stroll to the thriving Black Road village and easy access to all that bay side has to offer. The price will appeal to first home buyers as the recent changes to the legislation mean that substantial stamp duty concessions will apply. Investors note the property was leased until June 2017 for $425 per week. The location and presentation of this apartment makes it easy to own or easy to rent for the shrewd investor looking to acquire prime beach front investments.

This opportunity to live or invest in a dream beach front lifestyle at an entry level price is a indeed rare offering so for more details please contact Ange Sarailis at Hodges Sandringham on 0419 223 723 or Sally Pickering on 0421 805 216.

Property History for 5/323 Beach Rd, Black Rock, VIC 3193

A timeline of how this property has performed in the market
Last Sold
$735,000
25 Jun 2023
Listed for Rent
$400/w
17 Aug 2013
  • 25 Jun 2023
    Sold for $735,000
  • 17 Jul 2017
    Sold for $600,000
  • 04 Jul 2017
    Listed for Sale $570,000 - $620,000
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About Black Rock 3193

The size of Black Rock is approximately 3.2 square kilometres. It has 10 parks covering nearly 39.5% of total area. The population of Black Rock in 2011 was 5,944 people. By 2016 the population was 6,172 showing a population growth of 3.8% in the area during that time. The predominant age group in Black Rock is 40-49 years. Households in Black Rock are primarily couples with children and are likely to be repaying over $4000 per month on mortgage repayments. In general, people in Black Rock work in a professional occupation. In 2011, 78% of the homes in Black Rock were owner-occupied compared with 77.4% in 2016.

Black Rock has 3,461 properties. Over the last 5 years, Houses in Black Rock have seen a 21.33% increase in median value, while Units have seen a 14.07% increase. As at 31 October 2024:

  • The median value for Houses in Black Rock is $2,339,545 while the median value for Units is $1,145,818.
  • Houses have a median rent of $1,250 while Units have a median rent of $700.
There are currently 6 properties listed for sale, and 3 properties listed for rent in Black rock on OnTheHouse. According to CoreLogic's data, 121 properties were sold in the past 12 months in Black rock.

Suburb Insights for Black Rock 3193

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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.