191 Waterfall Gully Road, Rosebud, VIC 3939 | Property Value & History | OnTheHouse
OFF MARKET

191 Waterfall Gully Road
Rosebud VIC 3939

Bedrooms: 4
Bathrooms: 2
Car spaces: 2
Land area: 145032m2
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Property Details for 191 Waterfall Gully Rd, Rosebud

Building Type
Rural
Land Size
145032m2
Local Government
Mornington Peninsula
Lot/Plan
28K/PP3730

Last Listing description (August 2021)

Poised on the southern end of the Arthurs Seat escarpment resulting in incredible panoramic views across Bass Strait, "Risdon" is a unique lifestyle property set on 36 acres (approx.) with a four bedroom, two bathroom plus a study residence nestled in complete privacy.

Set amongst a mix of natural and heavy bushland alive with wildlife, and illuminated by spectacular sunsets across the ocean, the property is a compelling place of residence that transports you to a place of peace and tranquillity. With not a neighbour in sight, simply drive in and feel the stress float away as you leave the world behind.

Fabulous throughout the seasons, the split level residence is unique in its nature and delightful in detail. Walls of windows capture the views and draw it indoors so the interior is always aligned with its setting with beautiful outlooks of the bush or ocean from every room.

The living room with a roaring open fireplace is an inviting space to retreat in winter, while a dining room and separate family room each extend to expansive viewing and entertaining decks. The drawcards in summer, family and friends can soak up the sun on the northern deck or enjoy an alfresco meal on the balcony backdropped by views across market gardens and Cape Schanck Resort through to the never ending ocean. A formal living and dining wing set beneath a vaulted ceiling welcomes guests at the front the house, while a study is appointed with a bar and library shelving. The kitchen also enjoys beautiful views and is well appointed with a double oven, gas cooktop and walk-in pantry.

A children's wing with three bedrooms with built-in robes extend off a sky-lit rumpus room and are served by a zoned family bathroom and laundry with 2nd shower. The main bedroom is zoned in a private wing and enjoys stunning views, walk-in robe and ensuite.

The home features split system heating and air conditioning, while the property features 500 metres of road frontage and Drum Drum Alloc Creek running through the property, two dams, extensive under house storage, 90,000 litres of gravity fed water storage and 8mx14m lockable shed with concrete floor with a two metre covered slab for wood storage.

Despite the property's sense of seclusion, the location is on the doorstep of Arthurs Seat Summit, Seawinds Gardens, Kings Falls, Arthurs Seat Eagle, golf courses and the Hinterlands many wineries, restaurants and farm gates. Family amenity is also at hand from Red Hill Consolidated School to Red Hill kindergarten, bay and surf beaches, cafes, and the shopping villages of Red Hill, Rosebud, Dromana and Main Ridge.

Property History for 191 Waterfall Gully Rd, Rosebud, VIC 3939

A timeline of how this property has performed in the market
Last Sold
$3,483,000
15 Aug 2021
  • 15 Aug 2021
    Sold for $3,483,000
  • 19 Jul 2021
    Listed for Sale Under Contract
  • 30 Nov 2012
    Listed for Sale $165,000 PLUS BUYERS
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About Rosebud 3939

The size of Rosebud is approximately 17.1 square kilometres. It has 36 parks covering nearly 26.1% of total area. The population of Rosebud in 2016 was 13195 people. By 2021 the population was 14381 showing a population growth of 9.0% in the area during that time. The predominant age group in Rosebud is 60-69 years. Households in Rosebud are primarily childless couples and are likely to be repaying $1800 - $2399 per month on mortgage repayments. In general, people in Rosebud work in a trades occupation.In 2021, 69.60% of the homes in Rosebud were owner-occupied compared with 67.90% in 2016.

Rosebud has 11,028 properties. Over the last 5 years, Houses in Rosebud have seen a 31.11% increase in median value, while Units have seen a 34.04% increase. As at 30 November 2025:

  • The median value for Houses in Rosebud is $828,559 while the median value for Units is $699,118.
  • Houses have a median rent of $550 while Units have a median rent of $580.
There are currently 64 properties listed for sale, and 12 properties listed for rent in Rosebud on OnTheHouse. According to Cotality's data, 451 properties were sold in the past 12 months in Rosebud.

Suburb Insights for Rosebud 3939

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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.