Back 514 Balcombe Road
Off Market

514 Balcombe Road

Beaumaris VIC 3193

3
1
2
639 m²
House
Last sold for $1,860,000
Greg DownesGreg Downes, last sold this property on 26 May 2021 after 20 days on market.

Overview

Corner a Bay-View Hilltop Highpoint

Build the benchmark, create a landmark and make your mark on the Bayside property market with this high-set home. One of just a handful of hilltop properties with a northerly rear aspect on the Balcombe Rd Hill, and the only one with a wide open westerly corner position, this elevated 639sqm/6,878sqft (approx.) property is the one that every Bayside new home builder & developer has had their eye on …now it’s ready for an all-new vision! Home to the same family for more than half a century, this very rare property is ready for an all-new outlook from a brand new home (or two – subject to Council Approval) designed to maximise stunning bay-views, north sun & all the benefits of this high-impact, corner site…with rear lane access. But don’t overlook the potential in the existing three bedroom, dual zone brick home. Set above an oversize street-level garage with an additional carport & workshop (with second WC) from the rear lane, this solid-brick mid-Century home is offered in time-capsule condition with a fire-warmed formal lounge, north-facing family living & a sun-catching kitchen with vintage banquette meals area. Super-solid & well-proportioned with a bay-view entry terrace & well-utilised family gardens, this reverse-cycle air-conditioned home provides a substantial base for renovation. At the very least, this vintage beauty is ready to rent or enjoy until it’s time to step up & capitalise on this highpoint position with Beaumaris Secondary College just down the hill, Black Rock Village & the bay within half a dozen blocks & the bus to the Mentone schools and station almost at the door. For more information about this landmark corner property offering an abundance of choices, please contact Greg Downes at the Hodges Real Estate Group on 0413 592 905.

Features

3 bedrooms
1 bathroom
2 carspaces
1 carport space
1 garage space
639 m² lot size
House

Estimated Value

Based on this property and similar 3 bedroom houses sold in Beaumaris over the last 12 months, the estimated median property value of 514 Balcombe Road is $1.7m.

Median value
$1.7m
Estimated value range
$1.22m - $2.4m
Median days on market
27
Estimated value trend
-3%
decrease over the last 12 months
Average days on market is based on recent, comparable sales in Beaumaris. 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 514 Balcombe Road

2025
Rented
Undisclosed
Leased on 28 Jul 2025 by Hodges Beaumaris
2024
Rented
Undisclosed
Leased on 29 Aug 2024 by Hodges Beaumaris
2022
Rented
Undisclosed
Leased on 18 Jan 2022 by LongView Real Estate

Happy sellers in Beaumaris

88%
88% of sellers in Beaumaris reported that their sale price either exceeded or met their price expectations.

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

This is based on voluntary sentiment collected from 37 reviews in Beaumaris over the last 12 months.

Local market activity for 3 bedroom houses in Beaumaris

In the last 12 months, 40 three-bedroom houses similar to 514 Balcombe Road, have been sold.

This represents a 18% increase in three-bedroom houses sales when compared to the previous 12 months.

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