Back 1050 Nepean Highway
Off Market

1050 Nepean Highway

Highett VIC 3190

3
1
2
734 m²
House
Last sold for $990,000
Leigh FletcherLeigh Fletcher, last sold this property on 24 February 2026 after 35 days on market.

Overview

Unmatched Landholding, Prime Position & Enormous Future Potential

Set on an exceptional 734m² (approx.) corner allotment, this solid brick residence presents a rare and compelling opportunity in one of Highett’s most tightly held and highly sought-after locations. Positioned prominently on the corner of Nepean Highway and Wickham Road, the property offers outstanding exposure, flexibility and convenience, all within walking distance to Highett Shopping Village, Highett Station and close proximity to Westfield Southland and Melbourne’s Bayside Beaches. The existing home is a spacious and secure three-bedroom, one-bathroom brick residence that retains much of its original charm and character. Timber floorboards run throughout, and the floorplan is practical and well-proportioned, offering comfortable living spaces and excellent natural light. Two of the bedrooms include built-in robes, while the main bathroom remains in semi-original condition, featuring a walk-in shower, separate bath and single vanity. While the home is entirely liveable in its current state, it clearly presents an exciting opportunity for renovation or modernisation for those wishing to enhance and add value. A separate shed/garage at the rear further complements the property, providing additional storage or workspace. The true appeal, however, lies in the scale of the land and the extraordinary future possibilities it presents. The substantial allotment and prominent corner position create scope to renovate and extend the existing dwelling, construct a large contemporary family home, pursue a side-by-side townhouse development subject to council approval, or explore potential medical or professional use. This is a rare offering where land size, location, exposure and versatility converge, delivering an outstanding opportunity for owner-occupiers, developers, investors or business operators alike. A blue-chip landholding in a premium Highett location, offering immediate comfort and limitless long-term upside.

Features

3 bedrooms
1 bathroom
2 carspaces
1 open car space
1 garage space
734 m² lot size
House

Estimated Value

Based on this property and similar 3 bedroom houses sold in Highett over the last 12 months, the estimated median property value of 1050 Nepean Highway is $1.31m.

Median value
$1.31m
Estimated value range
$710k - $2m
Median days on market
24
Estimated value trend
-1%
decrease over the last 12 months
Average days on market is based on recent, comparable sales in Highett. It is only an indication of the time a property is actively listed and should not be relied upon as an accurate representation of how soon a property will be sold.

Property history for 1050 Nepean Highway

2026
Sold
$990,000
24 Feb 2026 by Leigh Fletcher, of Buxton Hampton East

Happy sellers in Highett

93%
93% of sellers in Highett reported that their sale price either exceeded or met their price expectations.

Highett stands out for consistently delivering exceptional satisfaction and strong market results for homeowners.

This is based on voluntary sentiment collected from 34 reviews in Highett over the last 12 months.

Local market activity for 3 bedroom houses in Highett

In the last 12 months, 50 three-bedroom houses similar to 1050 Nepean Highway, have been sold.

This represents a 10% increase in three-bedroom houses sales when compared to the previous 12 months.

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