40 Troy Street, Bonbeach, VIC 3196 | House for sale | OnTheHouse
 
FOR SALE
$950,000 - $1,035,000

40 Troy Street
Bonbeach VIC 3196

Bedrooms: 3
Bathrooms: 1
Car spaces: 3
Land area: 611m2
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Prime 611m² Corner Opportunity in the Heart of Bonbeach

Positioned on a substantial 611m² (approx.) corner allotment in the heart of sought-after Bonbeach, this exceptional property presents an outstanding opportunity builders, investors, and developers alike.
Whether you're dreaming of designing and building your forever home or exploring the site's development potential (STCA), this premium corner location offers flexibility, space, and endless possibilities.
Enjoy the convenience of being moments from Bonbeach Beach, local cafés, schools, shops, public transport, and beautiful parklands, all while embracing the relaxed coastal lifestyle that makes Bonbeach one of Melbourne's most desirable bayside suburbs.
Property Highlights:
• Generous 611m² (approx.) corner block
• Outstanding potential to build a luxury family home
• Excellent development opportunity (Subject to Council Approval)
• Premium corner position with flexible design possibilities
• Central Bonbeach location close to the beach, train station, schools, shops, and recreational facilities
• A rare chance to secure a blue-chip parcel in a tightly held coastal community
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Property Details for 40 Troy St, Bonbeach

40 Troy St, Bonbeach is a 3 bedroom, 1 bathroom House with 3 parking spaces. The property has a land size of 611m2. The place is currently for sale with Ray White Chelsea.

Building Type
House
Land Size
611m2
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About Bonbeach 3196

The size of Bonbeach is approximately 2.8 square kilometres. There are 8 parks, covering nearly 31.7% of the total area. The population of Bonbeach in 2016 was 6416 people. By 2021 the population was 6855 showing a population growth of 6.8% in the area during that time. The predominant age group in Bonbeach is 40-49 years. Households in Bonbeach are primarily childless couples and are likely to be repaying $1800 - $2399 per month on mortgage repayments. In general, people in Bonbeach work in a professional occupation.In 2021, 68.60% of the homes in Bonbeach were owner-occupied compared with 66.30% in 2016.

Bonbeach has 3,845 properties. Over the last 5 years, Houses in Bonbeach have seen a -0.13% decrease in median value, while Units have seen a 9.34% increase. As at 31 July 2026:

  • The median value for Houses in Bonbeach is $1,205,693 while the median value for Units is $760,323.
  • Houses have a median rent of $725 while Units have a median rent of $595.
There are currently 17 properties listed for sale, and 6 properties listed for rent in Bonbeach on OnTheHouse. According to Cotality's data, 172 properties were sold in the past 12 months in Bonbeach.

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Luke Howard
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Darren Richards
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Ray White Chelsea
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