5 The Dress Circle, Mountain Bay, VIC 3723 | Property Value & History | OnTheHouse
OFF MARKET

5 The Dress Circle
Mountain Bay VIC 3723

Bedrooms: 3
Bathrooms: 1
Car spaces: 1
Land area: 6355m2
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Last updated 17 Aug 2026
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Property Details for 5 The Dress Cir, Mountain Bay

5 The Dress Cir, Mountain Bay is a 3 bedroom, 1 bathroom House with 1 parking spaces and was built in 2000. The property has a land size of 6355m2. While the property is not currently for sale or for rent, it was last sold in September 2018.

Building Type
House
Year Built
2000
Land Size
6355m2
Local Government
Mansfield
Lot/Plan
26/PS333277

Last Listing description (July 2026)

Some properties are simply houses. Others become a feeling and once you arrive, you'll understand why. Perched above the valley with open area views and the distant peak of Mt Buller quietly anchoring the horizon, this is a place that wraps itself around you. The kind of place where mornings begin slowly with coffee on the deck, and evenings end warmly by the fire.

Built circa 1999 and solidly constructed to make the most of its privileged elevated position, the home is designed to maximise privacy, natural airflow, and a genuine sense of outlook.The area views stretch pleasantly across the surrounding landscape, with Mt Buller visible in the distance - a subtle but ever-present reminder of the remarkable alpine country you're nestled within. A view that shifts with the seasons and never loses its quiet charm.

Inside, the large open-plan living and dining area is anchored by polished timber floors and flooded with natural light. A wood heater makes the heart of the home truly sing in the cooler months - this is hygge in its purest form. A dedicated bar area and pool table zone speak to the property's entertaining credentials, while the spacious kitchen with generous bench space, ample storage and a 900mm gas cooktop connects seamlessly to the main living area for effortless hosting.

Three bedrooms, all with built-in robes, offer comfortable accommodation for family and guests. The oversized main bedroom features a walk-in robe and private ensuite - a genuine owner's sanctuary. Step outside onto the expansive wrap-around verandahs and elevated deck where external speakers set the mood and the pleasant area views do the rest. Fully dog-proof fence, the property is as practical as it is appealing.

A key to the water awaits

Included with the property is a key to the private boat ramp - your direct gateway to the lake. Whether it's an early-morning fishing session, an afternoon on the water, or simply the knowledge that it's there when you want it, this is a rare and coveted inclusion in this tightly held pocket of Mountain Bay.

The infrastructure underpinning this lifestyle is equally impressive: approximately 65,000 litres of rainwater storage including gravity feed from the shed, a near-new heat pump hot water system, a powered shed with mezzanine storage, and a single carport. The practical bones are as strong as the lifestyle appeal.

Whether you're seeking a permanent tree-change escape or the ultimate weekend retreat, 5 The Dress Circle is ready to deliver that rare thing - a property that not only meets your checklist, but genuinely moves you.

Property History for 5 The Dress Cir, Mountain Bay, VIC 3723

A timeline of how this property has performed in the market
Last Sold
$625,000
27 Sep 2018
Listed for Rent
$630/w
06 Dec 2024
  • 16 Jul 2026
    Listed for Sale $920,000 - $950,000
  • 31 Oct 2024
    Listed for Rent - Price not available
  • 27 Sep 2018
    Sold for $625,000
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About Mountain Bay 3723

The size of Mountain Bay is approximately 9.6 square kilometres. There is 1 park, covering nearly 2.4% of the total area. The population of Mountain Bay in 2016 was 43 people. By 2021 the population was 54 showing a population growth of 25.6% in the area during that time. The predominant age group in Mountain Bay is 60-69 years. Households in Mountain Bay are primarily childless couples and are likely to be repaying $1400 - $1799 per month on mortgage repayments. In general, people in Mountain Bay work in a clerical occupation.In 2021, 86.20% of the homes in Mountain Bay were owner-occupied compared with 135.70% in 2016.

Mountain Bay has 78 properties. Over the last 5 years, Houses in Mountain Bay have seen a 15.89% increase in median value, while Units have seen a 23.90% increase. As at 31 July 2026:

  • The median value for Houses in Mountain Bay is $862,192 while the median value for Units is $674,958.
There are currently 1 property listed for sale, and no properties listed for rent in Mountain bay on OnTheHouse. According to Cotality's data, 1 property were sold in the past 12 months in Mountain bay.

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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.