538 Melbourne Road, Blairgowrie, VIC 3942 | Property Value & History | OnTheHouse
OFF MARKET

538 Melbourne Road
Blairgowrie VIC 3942

Bedrooms: 3
Bathrooms: 2
Car spaces: 2
Floor area: 158m2
Land area: 665m2
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Property Details for 538 Melbourne Rd, Blairgowrie

538 Melbourne Rd, Blairgowrie is a 3 bedroom, 2 bathroom House with 2 parking spaces and was built in 1980. The property has a land size of 665m2 and floor size of 158m2. While the property is not currently for sale or for rent, it was last sold in July 2021.

Building Type
House
Year Built
1980
Floor Size
158m2
Land Size
665m2
Local Government
Mornington Peninsula
Lot/Plan
1/TP214833

Last Listing description (July 2021)

Sensationally located in the most central of locations, on the narrowest strip of the Peninsula, under 10 minutes' walk to both bay and Sorrento's ocean beaches & footsteps to the Koonya General Store, this impressive, highset brick veneer home, with immediate appeal, sits on a mostly level 665m2 allotment and has massive potential for further enhancement.

The upper level comprises three bedrooms, two bathrooms, modern kitchen with stainless steel appliances and gas stove, formal lounge with attractive bay window, family/meals room with Jarrah timber floors, open air deck with prized northerly aspect at rear, plus separate laundry; high ceilings enhance the sense of spaciousness, and oversized windows invite in light and showcase the leafy outlook.

The lower level has a huge double garage and adjoining workshop space, which could be converted to wine cellar or studio to further add value or functionality. Vacant and rent-ready, this would make a wonderful weekender, being in sound, comfortable condition 'as is', but there is a clear opportunity here to further update without fear of overcapitalising in this prime location!

Features:

Substantial & well built brick veneer residence on 665 sq m approx
North facing rear deck
Modern kitchen with stainless steel appliances
Formal lounge + family room, 3 bed, 2 bath
High ceilings, Jarrah timber, picture windows
Potential to create studio/wine cellar under
Central location, footsteps to convenience store
10 minutes' walk to bay and ocean beaches

Property History for 538 Melbourne Rd, Blairgowrie, VIC 3942

A timeline of how this property has performed in the market
Last Sold
$1,425,000
20 Jul 2021
Listed for Rent
$490/w
15 Sep 2017
  • 20 Jul 2021
    Sold for $1,425,000
  • 29 Jun 2021
    Listed for Sale $1,385,000 - $1,425,000
  • 17 Aug 2017
    Listed for Rent $490 / week
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About Blairgowrie 3942

The size of Blairgowrie is approximately 6.2 square kilometres. It has 7 parks covering nearly 20.8% of total area. The population of Blairgowrie in 2016 was 2313 people. By 2021 the population was 2786 showing a population growth of 20.4% in the area during that time. The predominant age group in Blairgowrie is 70-79 years. Households in Blairgowrie are primarily childless couples and are likely to be repaying $1800 - $2399 per month on mortgage repayments. In general, people in Blairgowrie work in a professional occupation.In 2021, 82.10% of the homes in Blairgowrie were owner-occupied compared with 78.90% in 2016.

Blairgowrie has 3,895 properties. Over the last 5 years, Houses in Blairgowrie have seen a 15.90% increase in median value, while Units have seen a 11.07% increase. As at 31 December 2025:

  • The median value for Houses in Blairgowrie is $1,281,193 while the median value for Units is $746,139.
  • Houses have a median rent of $650.
There are currently 31 properties listed for sale, and 2 properties listed for rent in Blairgowrie on OnTheHouse. According to Cotality's data, 135 properties were sold in the past 12 months in Blairgowrie.

Suburb Insights for Blairgowrie 3942

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Cotality Copyright and Legal Disclaimers about Property Data
Disclaimer
The Cotality Data provided in this publication is of a general nature and should not be construed as specific advice or relied upon in lieu of appropriate professional advice.

While Cotality uses commercially reasonable efforts to ensure the Cotality Data is current, Cotality does not warrant the accuracy, currency or completeness of the Cotality Data and to the full extent permitted by law excludes all loss or damage howsoever arising (including through negligence) in connection with the Cotality Data.