390 Waterfall Gully Road, Rosebud, VIC 3939 | House for sale | OnTheHouse
 
FOR SALE
$1,090,000 - $1,190,000View Property Price Statement

390 Waterfall Gully Road
Rosebud VIC 3939

Bedrooms: 4
Bathrooms: 2
Car spaces: 2
Land area: 861m2
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Commanding Coastal Retreat with Dual-Living & Bay Views

This isn't just a home. It's an absolute power move. Perched high on a commanding 864m2 (approx.) block right where the rugged beauty of the hinterland frames the bay, this impressive dual-storey residence presents a rare blend of coastal scale, master-gardener beauty, and limitless multi-generational flexibility.
Lovingly cultivated over years into a lush, living tapestry, the private gardens cocoon the lower level in total, sun-dappled seclusion, before the green canopy gives way to stunning Port Phillip Bay vistas. The interior is all about texture, light, and comfort. It delivers an uncluttered, high-end execution anchored by warm Jarrah floors and vast walls of glass that bring the greenery in. Spanning two levels of versatility, this high-utility blueprint easily absorbs the demands of two families or grand-scale guest hosting.
Twin kitchens and dual living zones deliver double-strength entertaining capacity, allowing for grand family gatherings upstairs and out across the balcony, while a private, autonomous retreat operates seamlessly below. Accommodation splits beautifully across the levels, led by a first-floor master suite with a walk-in robe and ensuite, and two spacious ground-floor bedrooms. A separate powder room, gas ducted heating, and split-system air conditioning deliver effortless, year-round comfort to a property built for unrivalled utility.
Outside, a spectacular garden oasis presents a wonderland for children, complete with established boundary hedging, vegetable gardens, and a drive-through double garage, all backed by a private frontage with additional off-street parking. Situated just doors from the entrance to the Two Bays Trail, and moments from Arthurs Seat National Park, Rosebud Foreshore, Bay Views Golf Course, Padua College (Rosebud Campus), and the major retail hub of Rosebud.
Property Features -
* Multi-generational living
* Generous living zones
* Private, established gardens
* Elevated entertaining deck with BBQ
* Drive-through double garage

Property Details for 390 Waterfall Gully Rd, Rosebud

390 Waterfall Gully Rd, Rosebud is a 4 bedroom, 2 bathroom House with 2 parking spaces. The property has a land size of 861m2. The place is currently for sale with GRANGER Estate Agents.

Building Type
House
Land Size
861m2
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About Rosebud 3939

The size of Rosebud is approximately 17.1 square kilometres. There are 36 parks, covering nearly 26.1% of the total area. The population of Rosebud in 2016 was 13195 people. By 2021 the population was 14381 showing a population growth of 9.0% in the area during that time. The predominant age group in Rosebud is 60-69 years. Households in Rosebud are primarily childless couples and are likely to be repaying $1800 - $2399 per month on mortgage repayments. In general, people in Rosebud work in a trades occupation.In 2021, 69.60% of the homes in Rosebud were owner-occupied compared with 67.90% in 2016.

Rosebud has 11,101 properties. Over the last 5 years, Houses in Rosebud have seen a -12.53% decrease in median value, while Units have seen a 1.19% increase. As at 30 September 2026:

  • The median value for Houses in Rosebud is $753,965 while the median value for Units is $667,803.
  • Houses have a median rent of $570 while Units have a median rent of $578.
There are currently 109 properties listed for sale, and 20 properties listed for rent in Rosebud on OnTheHouse. According to Cotality's data, 426 properties were sold in the past 12 months in Rosebud.

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Steve Granger
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Andrew Gualano
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GRANGER Estate Agents
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