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Back 2 Margaret Street
Off Market

2 Margaret Street

St Leonards VIC 3223

3
2
2
1140 m²
House
Last sold for $940,000
Lachlan CampbellLachlan Campbell, last sold this property on 29 October 2025 after 43 days on market.

Overview

Prime Coastal Opportunity 200m to the Bay

Offered to the market for the first time in nearly 30 years, this solid brick family home presents a rare opportunity in one of St Leonards' most sought-after locations. Set on a substantial 1,140sqm (approx.) allotment, just 200 metres from the sparkling waters of Port Phillip Bay, this property combines a superb position with endless potential. The home itself is in very good original condition, featuring a practical family-friendly floorplan that has been lovingly maintained over the decades. Step outside and discover a huge north-facing backyard bathed in sunshine the perfect setting for relaxed coastal living, summer entertaining, or planning your dream renovation or redevelopment (STCA). For those who love the water, the location is unbeatable. Just a short stroll to the beach, yacht club and boat ramp, and with excellent side access plus generous shedding, there's ample space to store boats, caravans and all your holiday equiptment. Whether you're seeking a permanent residence, a holiday getaway, or an investment in blue-chip coastal real estate, this is an opportunity not to be missed.

Features

3 bedrooms
2 bathrooms
2 carspaces
1140 m² lot size
House

Estimated Value

Based on this property and similar 3 bedroom houses sold in St Leonards over the last 12 months, the estimated median property value of 2 Margaret Street is $674k.

Median value
$674k
Estimated value range
$408k - $1.34m
Median days on market
79
Estimated value trend
1%
increase over the last 12 months
Average days on market is based on recent, comparable sales in St Leonards. 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 2 Margaret Street

2025
Sold
$940,000
Private Sale/Treaty on 29 Oct 2025 by Lachlan Campbell, of Neville Richards Real Estate St Leonards

Happy sellers in St Leonards

<50%
Less than 50% of sellers in St Leonards reported that their sale price either exceeded or met their price expectations.

St Leonards stands out as a desirable suburb for sellers, consistently delivering great customer service and strong market results for homeowners.

This is based on voluntary sentiment collected from 5 reviews in St Leonards over the last 12 months.

Local market activity for 3 bedroom houses in St Leonards

In the last 12 months, 56 three-bedroom houses similar to 2 Margaret Street, have been sold.

This represents a 4% increase in three-bedroom houses sales when compared to the previous 12 months.

Nearby agents

Compare and contact these top performing agents who’ve delivered exception customer service for their clients in St Leonards

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Harley Lewis

Harley Lewis is a recommended agent for St Leonards.  They have 4 local sales and collected 3 local reviews across the last 12 months.

  •   5   (24 reviews)
  •  3 Reviews in St Leonards
  •  4 Sales in St Leonards
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Travis Smith

Travis Smith is a recommended agent for St Leonards.  They have 3 local sales and collected 2 local reviews across the last 12 months.

  •   4.8   (199 reviews)
  •  2 Reviews in St Leonards
  •  3 Sales in St Leonards
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Adam Murphy

Sellers who recommend Adam Murphy have praised them for being clear communication, local expert, honest, responsive, reliable, supportive and friendly

  •   4.9   (143 reviews)
  •  1 Review in St Leonards
  •  1 Sale in St Leonards
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Ajay Pal

Ajay Pal is a recommended agent for St Leonards.  They have collected 1 local review across the last 12 months.

  •   5   (21 reviews)
  •  1 Review in St Leonards
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