2242 Seaspray Road, Seaspray, VIC 3851 | Property Value & History | OnTheHouse
OFF MARKET

2242 Seaspray Road
Seaspray VIC 3851

Bedrooms: -
Bathrooms: -
Car spaces: -
Land area: 491495m2
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Property Details for 2242 Seaspray Rd, Seaspray

Building Type
Rural
Land Size
491495m2
Local Government
Wellington
Lot/Plan
2/PS621450

Last Listing description (September 2022)

Auction Location: ON SITE

This stunning elevated 48.86 Hectare (120.68 Acre) allotment set high on the ridge overlooking Seaspray and the 90 Mile Beach is a once in a lifetime opportunity.
The land is amazing with some brilliant potential home sites and gentle rolling country that has absolute frontage to the meandering onto Merrimans Creek.

There are three income streams on the property with set leases in place to Telstra and Optus that cover two towers and an exchange. These leases provide a total income at the moment of $31,499 plus GST per annum with set terms, options and annual increases.
The other major feature is that the land is currently zoned farming, but with adjoining and nearby land currently boasting a low density rural zoning there may be potential in the future to work with the shire to get this land rezoned.
What an outstanding opportunity this site represents to the astute purchaser!
TERMS 10% Deposit: Balance in 60 Days

For a Due Diligence Checklist go to: consumer.vic.gov.au/duediligencechecklist Or call us on (03) 5144 4333

Property History for 2242 Seaspray Rd, Seaspray, VIC 3851

A timeline of how this property has performed in the market
Last Sold
$1,370,000
17 Jul 2022
  • 17 Jul 2022
    Sold for $1,370,000
  • 02 Jun 2022
    Listed for Sale AUCTION: 16TH JULY 2022 @ 11AM ON SITE
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About Seaspray 3851

The size of Seaspray is approximately 50.7 square kilometres. It has 1 park covering nearly 0.3% of total area. The population of Seaspray in 2016 was 322 people. By 2021 the population was 373 showing a population growth of 15.8% in the area during that time. The predominant age group in Seaspray is 60-69 years. Households in Seaspray are primarily childless couples and are likely to be repaying $1000 - $1399 per month on mortgage repayments. In general, people in Seaspray work in a community and personal service occupation.In 2021, 79.20% of the homes in Seaspray were owner-occupied compared with 76.90% in 2016.

Seaspray has 463 properties. Over the last 5 years, Houses in Seaspray have seen a 56.59% increase in median value. As at 31 December 2025:

  • The median value for Houses in Seaspray is $411,782 while the median value for Units is $366,990.
  • Houses have a median rent of $320.
There are currently 13 properties listed for sale, and no properties listed for rent in Seaspray on OnTheHouse. According to Cotality's data, 10 properties were sold in the past 12 months in Seaspray.

Suburb Insights for Seaspray 3851

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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.