18 Maroubra Drive

Cape Woolamai VIC 3925

House

Last sold for $635,000

Greg Price, last sold this property on 15 September 2026 after 46 days on market.

Overview

Elevated Coastal Living with Exceptional Future Potential

Positioned on one of the most sought-after streets in Cape Woolamai, this family home occupies one of the highest points in the township, offering a rare opportunity to secure a home with outstanding lifestyle appeal today and exciting future possibilities tomorrow. Designed for relaxed coastal living, the home features three generous bedrooms, two bathrooms and light-filled living zones complemented by hardwood floors that create warmth and character throughout. The functional floorplan offers comfortable family living while seamlessly connecting to the outdoor entertaining area and spacious backyard. The location is second to none. Enjoy an easy stroll to Cape Woolamai's magnificent surf beach, local cafés, tavern and the newly re opening of the Cottesloe store and shopping precinct, while scenic walking tracks and pristine beaches are all within easy reach. What truly sets this property apart is its exceptional elevation. Situated on one of the highest points in Cape Woolamai, the property offers exciting future scope to capitalise on its position. With the potential for future redevelopment up to approximately 11 metres in height (STCA), purchasers may be rewarded with spectacular panoramic coastal and water views, creating an exceptional opportunity to maximise both lifestyle and long-term value. Planning outcomes remain subject to the relevant council approvals and planning controls. Whether you're searching for a permanent residence, a holiday escape or an investment in one of Phillip Island's most tightly held coastal communities, this is a property that offers immediate enjoyment with incredible future potential. Features: Three spacious bedrooms Two bathrooms Beautiful hardwood flooring throughout Light-filled open plan living Outdoor entertaining area Spacious backyard One of the highest residential positions in Cape Woolamai Potential to build to approximately 11 metres (STCA) to capture possible coastal and water views Walk to beaches, cafés, tavern, shops and walking trails Exceptional lifestyle and investment opportunity Disclaimer: Whilst every care has been taken in preparing the above information, it is to be used as a guide only. Please refer to the appropriate legal documentation to complete your due diligence.

Features

3 bedrooms

2 bathrooms

1 carspace

House

Estimated Value

Based on this property and similar 3 bedroom houses sold in Cape Woolamai over the last 12 months, the estimated median property value of 18 Maroubra Drive is $632.5k.

Median value

$632.5k

Estimated value range

$560k - $955k

Median days on market

Estimated value trend

-2%

decrease over the last 12 months

Average days on market is based on recent, comparable sales in Cape Woolamai. 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.