SOLD
Sold on 21 Feb 2024 for $1,700,000

3 Balmoral Avenue
Safety Beach VIC 3936

Bedrooms: 4
Bathrooms: -
Car spaces: -
Floor area: 204m2
Land area: 721m2
Improve this data
Sold By
Scenic Property Dromana
Share
Save

Property Details for 3 Balmoral Ave, Safety Beach

Building Type
Land
Year Built
1960
Floor Size
204m2
Land Size
721m2
Local Government
Mornington Peninsula
Lot/Plan
1/TP710490

Last Listing description (May 2024)

Rarely does an opportunity present like this - a flat 721m2 (approx) block of land 50m (approx) to the Safety Beach foreshore.

This property includes a planning permit and plans for a luxury 5-bedroom home with a modern Hamptons flavour. Its size and quality are set to rival this exclusive area's finest.

The proposed dwelling is a deluxe double-storey residence with a void, a pool, a large undercover entertaining area, a potential bay view, and much more.

Opportunities to build brand new (STCA), on a block of this size, this close to the beach, are scarce on the Mornington Peninsula.

Welcome to a dress-circle location promising a dream Peninsula lifestyle, with the beach, boating, swimming, and the Bay Trail steps away.

It places Peninsula wineries, restaurants, and state parks nearby, while delivering highly-prized privacy just off Marine Drive.

It's all within easy reach of Martha Cove Marina, The Valley Golf Course, Peninsula Link, Dromana and more. Live the dream.

Show More

Property History for 3 Balmoral Ave, Safety Beach, VIC 3936

A timeline of how this property has performed in the market
Last Sold
$1,700,000
21 Feb 2024
  • 21 Feb 2024
    Sold for $1,700,000
  • 24 Jan 2024
    Listed for Sale $1,650,000 - $1,750,000
  • 26 Nov 2021
    Sold for $1,425,000
Sign in to see more transactions

Commute Calculator

Recent sales nearby

See more recent sales nearby

Similar properties For Sale nearby

See more properties for sale nearby

Similar properties For Rent nearby

See more properties for rent nearby

About Safety Beach 3936

The size of Safety Beach is approximately 6 square kilometres. It has 23 parks covering nearly 12.2% of total area. The population of Safety Beach in 2011 was 3,517 people. By 2016 the population was 4,824 showing a population growth of 37.2% in the area during that time. The predominant age group in Safety Beach is 60-69 years. Households in Safety Beach are primarily childless couples and are likely to be repaying $1800 - $2399 per month on mortgage repayments. In general, people in Safety Beach work in a trades occupation. In 2011, 69.6% of the homes in Safety Beach were owner-occupied compared with 69.8% in 2016.

Safety Beach has 5,057 properties. Over the last 5 years, Houses in Safety Beach have seen a 41.23% increase in median value, while Units have seen a 33.88% increase. As at 30 September 2024:

  • The median value for Houses in Safety Beach is $1,193,877 while the median value for Units is $912,089.
  • Houses have a median rent of $695 while Units have a median rent of $605.
There are currently 58 properties listed for sale, and 5 properties listed for rent in Safety beach on OnTheHouse. According to CoreLogic's data, 180 properties were sold in the past 12 months in Safety beach.

Safety Beach Profile Page

Suburb Insights for Safety Beach 3936

Visit Safety Beach profile page
Market Insights
Safety Beach Trends for Houses
Median Value

N/A

-
View Trend
Median Growth

N/A

View Trend
Median Rent

N/A

-
View Trend
Rental Yield

N/A

-
View Trend
Median Value: The middle value of all properties across the geography based on the Automated Valuation Model.
Median Value over 1 year
Safety Beach Trends for Units
Median Value

N/A

-
View Trend
Median Growth

N/A

View Trend
Median Rent

N/A

-
View Trend
Rental Yield

N/A

-
View Trend
Median Value: The middle value of all properties across the geography based on the Automated Valuation Model.
Median Value over 1 year
Neighbourhood Insights
Age
Household
Occupancy
No data to show
Visit Safety Beach profile page
CoreLogic Copyright and Legal Disclaimers about Property Data

© Copyright 2024 RP Data Pty Ltd trading as CoreLogic Asia Pacific (CoreLogic). All rights reserved.

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.

This product uses cookies and other similar technologies to improve and customise your browsing experience, to tailor content and adverts, and for analytics and metrics regarding visitor usage on this product and other media. We may share cookie and analytics information with third parties for the purposes of advertising. By continuing to use our website, you consent to cookies being used. View our Privacy Policy here.

X

GETTING STARTED