206 Main RoadMonbulk VIC 3793
Property Details for 206 Main Rd, Monbulk
206 Main Rd, Monbulk is a 3 bedroom, 2 bathroom House with 2 parking spaces. The property has a land size of 1192m2. While the property is not currently for sale or for rent, it was last sold in May 2026. There are other 3 bedroom House sold in Monbulk in the last 12 months.
Last Listing description (May 2026)
Offering a combined return of approximately $41,000 per annum and significant future upside, this versatile property presents a rare opportunity in the heart of Monbulk.
With 23 metres of Main Road frontage, two crossovers, rear laneway access, and connection to mains sewerage, the property lends itself to a wide range of potential uses. These include future subdivision (STCA) under the forthcoming Monbulk Housing Strategy, or alternative options such as professional suites or further redevelopment, subject to council approval.
The main residence is a tastefully renovated two-bedroom home plus study, featuring a large kitchen, spacious lounge room, and a full-length sunroom that doubles perfectly as additional living or workspace. Comfort is assured year-round with gas heating, split-system air conditioning, and a double carport.
The separate studio is well-appointed with split-system heating and cooling, an updated kitchen and bathroom, and the added benefit of separate rear laneway access, enhancing flexibility and privacy.
Currently comprising four lots on one title, the long-term redevelopment potential is substantial. All of this is complemented by an excellent location, just a short walk to Monbulk township, shops, cafés, and local amenities.
A compelling opportunity to secure strong income today while positioning for future growth.
Enquire now to add a high-potential asset to your property portfolio
Property History for 206 Main Rd, Monbulk, VIC 3793
- 27 May 2026Sold
- 11 Feb 2026Listed for Sale $770,000-$820,000
- 04 Aug 2025Listed for Sale $800,000 to $880,000
Recent sales nearby
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0About Monbulk 3793
The size of Monbulk is approximately 20.3 square kilometres. There are 12 parks, covering nearly 6.2% of the total area. The population of Monbulk in 2016 was 3577 people. By 2021 the population was 3651 showing a population growth of 2.1% in the area during that time. The predominant age group in Monbulk is 40-49 years. Households in Monbulk are primarily couples with children and are likely to be repaying $1800 - $2399 per month on mortgage repayments. In general, people in Monbulk work in a trades occupation.In 2021, 82.20% of the homes in Monbulk were owner-occupied compared with 79.40% in 2016.
Monbulk has 1,653 properties. Over the last 5 years, Houses in Monbulk have seen a 2.21% increase in median value, while Units have seen a 29.58% increase. As at 31 August 2026:
- The median value for Houses in Monbulk is $860,348 while the median value for Units is $768,118.
- Houses have a median rent of $600 while Units have a median rent of $10,140.
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