5/587 Nepean Highway, Bonbeach, VIC 3196 | Property Value & History | OnTheHouse
OFF MARKET

5/587 Nepean Highway
Bonbeach VIC 3196

Bedrooms: 2
Bathrooms: 2
Car spaces: 1
Floor area: 110m2
Land area: 1972m2
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Property Details for 5/587 Nepean Hwy, Bonbeach

5/587 Nepean Hwy, Bonbeach is a 2 bedroom, 2 bathroom Unit with 1 parking spaces and was built in 1970. The property has a land size of 1972m2 and floor size of 110m2. While the property is not currently for sale or for rent, it was last sold in July 2019.

Building Type
Unit
Year Built
1970
Floor Size
110m2
Land Size
1972m2
Local Government
Kingston
Lot/Plan
5/RP4506

Last Listing description (July 2019)

They just don't build them like this anymore! This solid brick townhouse is positioned in a quiet beach side location. With private beach access from the complex, you will never need to go on holiday again. Features of this old school gem include:
- 2 king size bedrooms, the master with access to the main bathroom, both have built in robes
- 2 very large living rooms, the upstairs living area has access to 2 balconies, one that faces the north and another facing south

- Original but functional kitchen with meals area including gas cook top, electric oven and dishwasher
- Separate laundry with second shower and toilet - perfect to wash off the sand after a day at the beach
- Good size single lock up garage with remote control and rear access
- Ducted heating throughout
- Plenty of visitor parking for guests
- Low owners corporation fees
This is the perfect opportunity to buy beach side. Solid, spacious and priced to sell, call today to book your inspection.

Property History for 5/587 Nepean Hwy, Bonbeach, VIC 3196

A timeline of how this property has performed in the market
Last Sold
$671,000
16 Jul 2019
  • 16 Jul 2019
    Sold for $671,000
  • 23 May 2019
    Listed for Sale $680,000 - $720,000
  • 16 Oct 1993
    Listed for Sale Not Disclosed
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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 3,839 properties. Over the last 5 years, Houses in Bonbeach have seen a 9.01% increase in median value, while Units have seen a 13.62% increase. As at 31 May 2026:

  • The median value for Houses in Bonbeach is $1,228,088 while the median value for Units is $777,323.
  • Houses have a median rent of $725 while Units have a median rent of $595.
There are currently 14 properties listed for sale, and 7 properties listed for rent in Bonbeach on OnTheHouse. According to Cotality's data, 173 properties were sold in the past 12 months in Bonbeach.

Suburb Insights for Bonbeach 3196

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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.