846-848 Point Nepean Road, Rosebud, VIC 3939 | Property Value & History | OnTheHouse
 
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846-848 Point Nepean Road
Rosebud VIC 3939

Bedrooms: 2
Bathrooms: 16
Car spaces: -
Land area: 1411m2
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Property Details for 846-848 Point Nepean Rd, Rosebud

Building Type
Land
Land Size
1411m2
Local Government
Mornington Peninsula
Lot/Plan
4~1/PP5682

Last Listing description (October 2021)

Please note as of 23/04/2021 it is now a mandatory requirement that all persons check in at Inspections & Auctions using the Victorian Government QR Service. Signs will be on display at entry to properties for all visitors to access. Thank you.

A remarkable opportunity in a prized beachfront location, this blue chip 1433m2 (approx.) site comes with council-approved plans and permits for 8 luxury apartments. Across the road from shops, restaurants and cafes and a short stroll to bus stops and other amenities, the generous allotment provides the perfect canvas for an exciting new development in the heart of vibrant Rosebud.

Designed for those who value sophisticated, low-maintenance living, the proposed 3-bedroom, 2-bathroom apartments feature an open-plan design with a well-appointed kitchen and an adjoining living/dining area. The ground-floor apartments include private garden terraces for outdoor entertaining, while the first-floor units boast sun-drenched balconies that capture the sea breeze with spectacular bay views from the generous rear apartments.

Each apartment includes a master bedroom with a walk-in robe and an ensuite with a double vanity plus a full family bathroom that services the other bedrooms with built-in robes. Complete with lift access, basement parking for 18 vehicles and a designated storage unit for each apartment, this boutique complex is sure to impress permanent residents, holiday makers and those seeking a lucrative investment.

Just metres to the water and well-positioned to enjoy all the Peninsula has to offer, this once-in-a-lifetime opportunity is one you don't want to miss.

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Property History for 846-848 Point Nepean Rd, Rosebud, VIC 3939

A timeline of how this property has performed in the market
Last Sold
$2,700,000
21 Jul 2021
Listed for Rent
$360/w
04 Mar 2019
  • 21 Jul 2021
    Sold for $2,700,000
  • 15 Mar 2021
    Listed for Sale $2,600,000 - $2,850,000
  • 27 Nov 2019
    Sold for $2,210,000
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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 59 properties listed for sale, and 12 properties listed for rent in Rosebud on OnTheHouse. According to Cotality's data, 448 properties were sold in the past 12 months in Rosebud.

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