423 Bay StreetBrighton VIC 3186
Property Details for 423 Bay St, Brighton
Last Listing description (April 2022)
Three adjoining Victorian beauties that boast an abundance of 'boom time' character and command a prominent position in one of Melbourne's best known lifestyle suburbs.
Key features:
Current rental $177,000 pa offering significant uplift
Three (3) Victorian Era shop & dwelling totalling 575m2 approx
• Substantial Commercial 1 zoned land on four (4) titles
Car parking onsite and ample street parking nearby
Multi-use investment with wide 20+ metre approx frontage
Excellent future development opportunities (STCA) with strong affluent demographics and strong median house price of $3,400,000
Suits investors and developers
This outstanding property is within close proximity to Coles Supermarket, quality cafes & specialty retail, North Brighton Train Station, Cinemas and some of Melbourne's best schools. This property ticks all the investment boxes, diverse income streams with uplift, significant value add and development upside in a premium blue chip location.
Please do not hesitate to contact exclusive selling agents with any queries or to arrange a private inspection.
Note: All figures are approximated and prospective buyers should refer the sales documentation prior to submitting their expression of interest.
Property History for 423 Bay St, Brighton, VIC 3186
- 22 Jun 2021Listed for Sale Contact Agent
- 01 Aug 2018Listed for Sale Contact Agent
- 28 Feb 2015Sold for $2,500,000
Recent sales nearby
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About Brighton 3186
The size of Brighton is approximately 8.4 square kilometres. It has 22 parks covering nearly 10.9% of total area. The population of Brighton in 2016 was 23253 people. By 2021 the population was 23252 showing a stable population in the area during that time. The predominant age group in Brighton is 50-59 years. Households in Brighton are primarily couples with children and are likely to be repaying over $4000 per month on mortgage repayments. In general, people in Brighton work in a professional occupation.In 2021, 73.20% of the homes in Brighton were owner-occupied compared with 72.10% in 2016.
Brighton has 14,237 properties. Over the last 5 years, Houses in Brighton have seen a 9.63% increase in median value, while Units have seen a 11.07% increase. As at 30 November 2025:
- The median value for Houses in Brighton is $3,207,489 while the median value for Units is $1,172,947.
- Houses have a median rent of $1,350 while Units have a median rent of $760.
Suburb Insights for Brighton 3186
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