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.
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
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 625 properties. Over the last 5 years, Houses in Smiths Beach have seen a 6.48% increase in median value, while Units have seen a 9.35% increase. As at 31 March 2026:
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