241 Smiths Beach Road, Smiths Beach, VIC 3922 | Property Value & History | OnTheHouse
OFF MARKET

241 Smiths Beach Road
Smiths Beach VIC 3922

Bedrooms: 7
Bathrooms: 4
Car spaces: 5
Floor area: 297m2
Land area: 584m2
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Property Details for 241 Smiths Beach Rd, Smiths Beach

241 Smiths Beach Rd, Smiths Beach is a 7 bedroom, 4 bathroom House with 5 parking spaces and was built in 1970. The property has a land size of 584m2 and floor size of 297m2. While the property is not currently for sale or for rent, it was last sold in August 2021.

Building Type
House
Year Built
1970
Floor Size
297m2
Land Size
584m2
Local Government
Bass Coast
Lot/Plan
205/LP56940

Last Listing description (July 2021)

Perfectly positioned 2 hours drive from Melbourne and the closest house to beautiful Smiths Beach - the most popular and safest surf beach on Phillip Island. This unique large home boasts spectacular panoramic ocean views with dual occupancy potential.
It has 7-8 large bedrooms and 4 bathrooms with 3 separate living areas and presents as a fabulous investment for those wishing to secure a prime piece of real estate in this highly sort after and desirable location.
The home offers a spacious floor plan, well suited as a permanent home (being used as principal residence, whilst owner has been managing holiday rental) or as a fabulous retreat for family and friends. There is also a prime investment option for astute investors to continue with the existing established successful holiday rental with strong forward bookings over the next 12 months. This offers a great investment option for a self-managed super fund. The lower level of the home has a central double garage and a separate private apartment including a bathroom, lounge and kitchenette with its own access and sunny courtyard, which can be locked off from the remainder of the home. The ground level continues with a 2-bedroom apartment

including another bathroom with bedrooms that have sliding doors opening to a front deck and good sized grassed front yard, with an external stairwell providing access to the large upstairs deck and veranda.The internal staircase leads to the second level, comprising two great sized living space. The main living area includes a lounge and wood pellet fireplace, 8 seater dining area, a large kitchen with 5 burner gas cooktop, a concrete breakfast bar that seats 9 (all on hardwood easily cleaned blackbutt timber floors) drawing your vision to breathtaking water views beyond Pyramid Rock and to Cape Woolamai.
Double glazed double stacker doors open up the lounge to the large deck and entertainment area including bar-b-que and 10 seat outdoor table. Imagine you and your friends sitting on the deck looking out to uninterrupted views watching the sunset.
The master bedroom with ensuite, plus three other double bedrooms and a shared bathroom are also on this level. The large allotment of 627 M2 also offers a low maintenance garden with outdoor storage for surfboards and wetsuits.
The features continue with: 3 x 2000 gallon water tanks and 17 solar panels.
Reverse cycle heating/cooling, wood pellet fireplace, gas heating in the downstairs apartment, dishwasher, laundry chute, and 2 expansive entertaining areas. Outdoor hot/cold shower. Parking for 5 cars. Fully secured high fence.
The house is sold on a walk- in walk out going concern - including all furniture linen,19 beds capable of sleeping 24 guests and forward bookings, if new owners decide to continue renting property.
Please email to arrange your inspection by appointment only!

Property History for 241 Smiths Beach Rd, Smiths Beach, VIC 3922

A timeline of how this property has performed in the market
Last Sold
$2,250,000
16 Aug 2021
  • 16 Aug 2021
    Sold for $2,250,000
  • 01 Jul 2021
    Listed for Sale $2,500,000
  • 29 Dec 2014
    Listed for Sale OFFERS OVER $1,200,000
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About Smiths Beach 3922

The size of Smiths Beach is approximately 1.2 square kilometres. It has 2 parks covering nearly 6.4% of total area. The population of Smiths Beach in 2016 was 226 people. By 2021 the population was 315 showing a population growth of 39.4% in the area during that time. The predominant age group in Smiths Beach is 60-69 years. Households in Smiths Beach are primarily childless couples and are likely to be repaying $1000 - $1399 per month on mortgage repayments. In general, people in Smiths Beach work in a professional occupation.In 2021, 72.00% of the homes in Smiths Beach were owner-occupied compared with 70.80% in 2016.

Smiths Beach has 624 properties. Over the last 5 years, Houses in Smiths Beach have seen a 28.85% increase in median value, while Units have seen a 37.81% increase. As at 30 November 2025:

  • The median value for Houses in Smiths Beach is $798,039 while the median value for Units is $759,097.
  • Houses have a median rent of $380.
There are currently 3 properties listed for sale, and no properties listed for rent in Smiths beach on OnTheHouse. According to Cotality's data, 22 properties were sold in the past 12 months in Smiths beach.

Suburb Insights for Smiths Beach 3922

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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.