SOLD
Sold on 07 Nov 2023 for $8,100,000

3483 Frankston-Flinders Road
Merricks VIC 3916

Bedrooms: 1
Bathrooms: 1
Car spaces: 2
Land area: 93078m2
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Property Details for 3483 Frankston-Flinders Rd, Merricks

Building Type
Rural
Land Size
93078m2
Local Government
Mornington Peninsula
Lot/Plan
8/PS321401

Last Listing description (April 2024)

Owning a prestigious dress circle position with panoramic district views, this unique and tightly-held property is located a mere 2km from the celebrated Point Leo Estate and 4km from Merricks beach, surrounded by outstanding wineries and farm gates. Encompassing approximately 23 acres of undulating rural serenity and with a near-original early-1930s homestead, this is a unique opportunity to take ownership of an illustrious property, proudly retained by the same prominent family since the area's first allocation of land to settlers.

Neighbouring the heritage-listed c1880 Cole's Family home, 'Minto' and capturing glimpses of Westernport Bay, 'Seagrove', is imbued with the relatively untouched character and holds immense potential for restoration, contemporary enhancement, and the opportunity to start a fresh family dynasty with a new build (STCA). This remarkable opportunity presents itself as a gateway to various lifestyle pursuits and an exhilarating future, with the unparalleled chance to experience the Peninsula dream in a stunning location that offers an exceptional quality of life.

Property History for 3483 Frankston-Flinders Rd, Merricks, VIC 3916

A timeline of how this property has performed in the market
Last Sold
$8,100,000
07 Nov 2023
  • 07 Nov 2023
    Sold for $8,100,000
  • 03 Oct 2023
    Listed for Sale Under Contract
  • 06 May 2023
    Sold for $9,000,000
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About Merricks 3916

The size of Merricks is approximately 11.9 square kilometres. It has 1 park covering nearly 1.1% of total area. The population of Merricks in 2011 was 1,171 people. By 2016 the population was 175 showing a population decline of 85.1% in the area during that time. The predominant age group in Merricks is 50-59 years. Households in Merricks are primarily childless couples and are likely to be repaying $800 - $999 per month on mortgage repayments. In general, people in Merricks work in a managers occupation. In 2011, 84.1% of the homes in Merricks were owner-occupied compared with 84.8% in 2016..

Merricks has 146 properties. Over the last 5 years, Houses in Merricks have seen a 54.03% increase in median value, while Units have seen a -26.84% decrease. As at 30 September 2024:

  • The median value for Houses in Merricks is $3,222,409 while the median value for Units is $2,015,207.
There are currently no properties listed for sale, and no properties listed for rent in Merricks on OnTheHouse. According to CoreLogic's data, 4 properties were sold in the past 12 months in Merricks.

Suburb Insights for Merricks 3916

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Contact agent
Tom Barr Smith
Show contact details
Will Maxted
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Kay & Burton - Flinders
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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.