SOLD
Sold on 01 Nov 2024 for $5,200,000

4 Merrylands Avenue
Portsea VIC 3944

Bedrooms: 4
Bathrooms: 3
Car spaces: 2
Floor area: 152m2
Land area: 1123m2
Sold By
Indigo Property Marketing
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Property Details for 4 Merrylands Ave, Portsea

4 Merrylands Ave, Portsea is a 4 bedroom, 3 bathroom House with 2 parking spaces. The property has a land size of 1123m2 and floor size of 152m2. While the property is not currently for sale or for rent, it was last sold in November 2024. There are other 4 bedroom House sold in Portsea in the last 12 months.

Building Type
House
Floor Size
152m2
Land Size
1123m2
Local Government
Mornington Peninsula
Lot/Plan
2/PS444610

Last Listing description (December 2024)

Moments from Point King Beach with an exclusive cliffside address and loaded with potential, this classic Portsea weekender is the quintessential seaside retreat where time seems to slow down and sea breezes carry away your cares.

Set behind tall remote gates on 1123sqm with the chance to also purchase the adjoining 1309sqm allotment and create your own two-third acre (approx.) cliffside paradise, the smartly renovated three-bedroom residence with two additional bungalows and a wide north-facing entertaining deck has a wonderful holiday feel amid lush cool lawns and swaying agapanthus.

Offering direct access to Point King Beach via a rear gate onto Ilyuka Crt and set near the start of the famous Millionaires Walk along the clifftop back towards Sorrento the position is spectacular.

Awash in the relaxed coastal ambience Portsea has long been prized for, the home features a light-filled open plan living and dining area with the added ambience of an open fireplace, high vaulted ceilings, a crisp white colour scheme and light oak timber floors.

The kitchen features stone bench tops, a 900mm stainless steel stove and integrated dishwasher, three bedrooms includes an ensuite to the main and the large family bathroom incorporates a European laundry.

A bungalow in the rear garden has its own sunny deck and bathroom while a second smaller studio is ideal as storage for all the beach toys.

Other features include a double carport, raised vegetable garden beds, split-system air-conditioning and an outdoor pizza oven.

*Please note the last 4 images show the vacant parcel of land which is also available for sale separately-please contact us for further details.

Property History for 4 Merrylands Ave, Portsea, VIC 3944

A timeline of how this property has performed in the market
Last Sold
$5,200,000
01 Nov 2024
Listed for Rent
$2.50k/w
17 Nov 2023
  • 01 Nov 2024
    Sold for $5,200,000
  • 24 Oct 2024
    Listed for Sale $5,000,000 - $5,500,000
  • 30 Aug 2024
    Listed for Rent $2,500 / week
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About Portsea 3944

The size of Portsea is approximately 11.2 square kilometres. It has 13 parks covering nearly 62.6% of total area. The population of Portsea in 2011 was 445 people. By 2016 the population was 490 showing a population growth of 10.1% in the area during that time. The predominant age group in Portsea is 60-69 years. Households in Portsea are primarily childless couples and are likely to be repaying $1800 - $2399 per month on mortgage repayments. In general, people in Portsea work in a managers occupation. In 2011, 82.4% of the homes in Portsea were owner-occupied compared with 92.4% in 2016.

Portsea has 1,728 properties. Over the last 5 years, Houses in Portsea have seen a 43.48% increase in median value, while Units have seen a 86.98% increase. As at 30 November 2024:

  • The median value for Houses in Portsea is $2,784,191 while the median value for Units is $1,567,554.
  • Houses have a median rent of $999.
There are currently 6 properties listed for sale, and 1 property listed for rent in Portsea on OnTheHouse. According to CoreLogic's data, 30 properties were sold in the past 12 months in Portsea.

Suburb Insights for Portsea 3944

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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.