Back 649 Stud Rd
Off Market

649 Stud Rd

Scoresby VIC 3179

5
3
2
719 m²
House
Last sold for $1,210,000
Ray SharmaRay Sharma, last sold this property on 13 February 2026 after 22 days on market.

Overview

Development-Ready with Approved Plans, Strong Rental Income & Superb Location!

Positioned in the heart of Scoresby, 649 Stud Road presents a rare and ready-made opportunity for developers, investors and forward-thinking buyers. Sitting on a generous 739sqm (approx.) allotment with wide street frontage, this standout site comes complete with approved plans and permits for six architect-designed townhouses, removing the guesswork and fast-tracking your path to construction. Adding immediate value is the existing solid five-bedroom home, currently leased and delivering a strong rental return of $620 per week. Whether you're looking to build now or landbank for the future, this site offers the perfect combination of passive income and development potential, right in the heart of a high-growth corridor. Inside the existing home, you'll find a versatile double-storey layout featuring five bedrooms, three bathrooms, multiple living areas and a well-appointed kitchen. Two master suites—one on each level—enhance liveability for families or tenants, while a double garage and ample outdoor storage complete the picture. It’s a home that’s ready to live in or lease out as-is, giving you flexibility while finalising your plans. Set in an ultra-convenient location, you’re surrounded by some of the area’s most desirable lifestyle and education options. Westfield Knox, The Glen, and Mountain Gate Shopping Centre are just minutes away, along with parks, public transport and EastLink for easy city access. Families will love the proximity to top-rated schools including Scoresby Secondary College, Carrington Primary, Templeton Primary, Mountain Gate Primary, St Jude’s, and Caulfield Grammar, just to name a few. This is an outstanding acquisition for builders and savvy investors alike—a shovel-ready project with immediate cash flow, flexible development potential and an address that will only grow in value. Opportunities like this don’t come around often in such a sought-after pocket of Scoresby. Act now and make the most of this high-impact site with minimal wait time and maximum upside.

Features

5 bedrooms
3 bathrooms
2 carspaces
2 garage spaces
719 m² lot size
House

Estimated Value

Based on this property and similar 5 bedroom houses sold in Scoresby over the last 12 months, the estimated median property value of 649 Stud Rd is $1.27m.

Median value
$1.27m
Estimated value range
$985k - $1.86m
Median days on market
25
Estimated value trend
15%
increase over the last 12 months
Average days on market is based on recent, comparable sales in Scoresby. 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 649 Stud Rd

2026
Sold
$1,210,000
13 Feb 2026 by Ray Sharma, of Area Specialist Nexus
2025
Rented
Undisclosed
Leased on 21 May 2025 by Roger Davis Pty Ltd
2024
Rented
Undisclosed
Leased on 09 Apr 2024 by Roger Davis Pty Ltd

Happy sellers in Scoresby

86%
86% of sellers in Scoresby reported that their sale price either exceeded or met their price expectations.

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

This is based on voluntary sentiment collected from 31 reviews in Scoresby over the last 12 months.

Local market activity for 5 bedroom houses in Scoresby

In the last 12 months, 9 five-bedroom houses similar to 649 Stud Rd, have been sold.

This represents a 42% decrease in five-bedroom houses sales when compared to the previous 12 months.

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