11 Wallace Street, Mount Beauty, VIC 3699 | Property Value & History | OnTheHouse
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11 Wallace Street
Mount Beauty VIC 3699

Bedrooms: 4
Bathrooms: 2
Car spaces: 2
Floor area: 140m2
Land area: 813m2
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Property Details for 11 Wallace St, Mount Beauty

11 Wallace St, Mount Beauty is a 4 bedroom, 2 bathroom Unit with 2 parking spaces and was built in 2016. The property has a land size of 813m2 and floor size of 140m2. While the property is not currently for sale or for rent, it was last sold in January 2013.

Building Type
Unit
Year Built
2016
Floor Size
140m2
Land Size
813m2
Local Government
Alpine
Lot/Plan
S2/PS538201

Last Listing description (March 2013)

Development Opportunity in Mount Beauty
Located within the residential district of Mount Beauty this land is 817m2 in size.
Within easy walking distance into town there is also a childrens park just around the corner.

Originally, one large allotment with three units across the front the current owners have subdivided each of the existing three units off as seperate allotments and put in a sealed driveway across the back of the units to form the common access between the original units and the subdivided 11 Wallace Street. Plans have been drawn up to place three units on the 817m2 allotment. The current owners never went ahead with the development of the units and the plans are available to inspect. The plans for the three units were approved at Council in February 2007 and have now lapsed but they are a good starting point for a buyer looking along the same lines to develop. Alternatively this is a residentially zoned allotment and a single dwelling to suite a family wanting to be in town, close to schools and park is also an option.
Haevily reduced in price, this block is a great opportunity for the astute purchaser.

Property History for 11 Wallace St, Mount Beauty, VIC 3699

A timeline of how this property has performed in the market
Last Sold
$77,000
29 Jan 2013
  • 29 Jan 2013
    Sold for $77,000
  • 14 Apr 2008
    Listed for Sale 90000
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About Mount Beauty 3699

The size of Mount Beauty is approximately 53.9 square kilometres. It has 9 parks covering nearly 99.9% of total area. The population of Mount Beauty in 2016 was 824 people. By 2021 the population was 910 showing a population growth of 10.4% in the area during that time. The predominant age group in Mount Beauty is 60-69 years. Households in Mount Beauty are primarily childless couples and are likely to be repaying $1000 - $1399 per month on mortgage repayments. In general, people in Mount Beauty work in a professional occupation.In 2021, 71.20% of the homes in Mount Beauty were owner-occupied compared with 70.50% in 2016.

Mount Beauty has 713 properties. Over the last 5 years, Houses in Mount Beauty have seen a 71.69% increase in median value, while Units have seen a 60.05% increase. As at 31 December 2025:

  • The median value for Houses in Mount Beauty is $613,309 while the median value for Units is $609,175.
  • Houses have a median rent of $470.
There are currently 5 properties listed for sale, and no properties listed for rent in Mount beauty on OnTheHouse. According to Cotality's data, 16 properties were sold in the past 12 months in Mount beauty.

Suburb Insights for Mount Beauty 3699

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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.