Back 505/1148 Nepean Hwy
Off Market

505/1148 Nepean Hwy

Highett VIC 3190

1
1
1
66 m²
Apartment
Last sold for $501,000
Paul AllicaPaul Allica, last sold this property on 20 January 2026 after 36 days on market.

Overview

Spacious, Secure & Superbly Located in Highett

Step into a world of low-maintenance luxury in this impeccably appointed fifth-floor apartment, located in the heart of bayside Highett. Designed with both comfort and function in mind, this light-filled one-bedroom residence is the ideal home base for professionals, first-home buyers, investors or downsizers seeking lifestyle ease without compromise. The spacious open-plan living and dining zone is bathed in natural light and flows effortlessly onto a private, north-facing balcony, the perfect setting for morning coffee, evening wine, or simply relaxing with leafy rooftop views. The well-equipped kitchen combines form and function with sleek stone benchtops, a pantry, tiled splashback and premium Fisher & Paykel appliances including a dishwasher and cooktop. A dedicated study nook with a built-in desk makes work-from-home days easy, while the plush-carpeted bedroom includes a mirrored built-in robe and easy access to the luxurious central bathroom, finished with floor-to-ceiling tiles and a full-size bathtub with overhead shower. Ducted heating and cooling ensures year-round climate control throughout. Secure, stylish and smart, the apartment includes video intercom entry, high-speed lift access, CCTV surveillance, and the added bonus of an underground car space and lockable storage cage. You'll also benefit from integrated optical fibre for blazing-fast internet, perfect for work, streaming or gaming. The location seals the deal: positioned just steps from Sir William Fry Reserve and a short stroll to Southland Shopping Centre and Highett Road's cafés, wine bars and boutique shops. Multiple public transport options, including Southland Train Station and bus routes, put the CBD within easy reach. With easy access to the Nepean Highway and the beach just minutes away, this is lifestyle convenience at its best. A premium bayside opportunity offering security, style and unbeatable access to amenities, this one ticks all the boxes. PLEASE NOTE: *Every precaution has been taken to establish the accuracy of the above information but does not constitute any representation by the vendor or agent. * Photo ID required at all open for inspections

Features

1 bedroom
1 bathroom
1 carspace
1 garage space
66 m² lot size
Apartment

Estimated Value

Based on this property and similar 1 bedroom apartments sold in Highett over the last 12 months, the estimated median property value of 505/1148 Nepean Hwy is $408.32k.

Median value
$408.32k
Estimated value range
$340k - $502k
Median days on market
36
Estimated value trend
-2%
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 505/1148 Nepean Hwy

2026
Sold
$501,000
20 Jan 2026 by Paul Allica, of Ray White The Bayside Group
2025
Rented
Undisclosed
Leased on 03 Dec 2025 by Hallmarc Asset Management
2021
Rented
Undisclosed
Leased on 30 Mar 2021 by Hallmarc Asset Management

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 33 reviews in Highett over the last 12 months.

Local market activity for 1 bedroom apartments in Highett

In the last 12 months, 15 one-bedroom apartments similar to 505/1148 Nepean Hwy, have been sold.

This represents a 16% increase in one-bedroom apartments sales when compared to the previous 12 months.

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