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VIC › Beaumaris › Balcombe Rd

507 Balcombe Rd, Beaumaris VIC 3193

House

3

Bedrooms

2

Bathrooms

2

Car spaces

890 m²

Land

Districts ViewPrice evidencePlanningSite constraintsHistoryListing

Districts View

What should you know about this lot before spending serious money?

Why this property?

  • FactLand 890 m²; no building size recorded.(Property record)
  • CalculationRecorded House sales in Beaumaris (last 5 years) with land size: median $2,963/m² of land (n=24). Districts calculation from recorded sales — not a valuation.(Districts recorded sales)

What could make it worth more?

No upside evidence detected in the data Districts holds for this lot.

What could make it worth less?

No detected risks — but see the checklist: absence of evidence is not an all-clear.

What should you verify next?

  1. 1Official planning layers are still retrieving for this parcel — check back before relying on zoning or overlay absence.
  2. 2No hazard layer has been retrieved — confirm flood, bushfire and heritage exposure from council mapping before an offer.

Each line above is labelled. A fact is quoted from the named source, with its date. A calculation is worked out by Districts from those facts — you can check the arithmetic. An interpretation is Districts' opinion of what the evidence means, not a fact, a valuation, or advice. Anything we haven't retrieved yet is marked as missing rather than treated as a pass.

Price evidence

What this lot has actually traded at

Last sold

No recorded sale price for this property yet.

Local land rate: recorded House sales in Beaumaris (last 5 years) with land size have a median of $2,963/m² of land (n=24). Districts calculation from recorded sales — not a valuation.

Beaumaris at a glance

14,421

People

$1,850,000

Median sale

$817/wk

Median rent

2.30%

Suburb gross yield

Median sale from 13 recorded sales (last 12 months) — a Districts calculation.

See the full Beaumaris report →

Planning

Planning and development

Planning data is being calculated

Development activity

Data unavailable

Source

  • Provider: unavailable
  • Dataset: unavailable
  • Retrieved: not yet retrieved
  • Version: planning-v1

Planning facts are copied from official government GIS where available. Where an official property PDF exists (VicPlan, PlanBuild), Districts stores and serves that original document. Neither is a planning certificate, survey, or advice.

Site

Terrain

Terrain has not been calculated for this property yet.

Slope is calculated on a projected metric grid from a public DEM clip of the official parcel. This is not a survey, engineering, or insurance assessment.

Flood, bushfire and heritage

i

Flood

Not retrieved

Flood exposure has not been retrieved from any source for this property yet. Unknown is not the same as clear.

Bushfire

Not retrieved

Bushfire exposure has not been retrieved from any source for this property yet. Unknown is not the same as clear.

Heritage

Not retrieved

Heritage listing has not been retrieved from any source for this property yet. Unknown is not the same as clear.

Records

Property history

  1. Soldprice unknown15 Oct 2022
  2. Listedprice unknowncompleted21 Sept 2022

Events are recorded observations from public listings, kept with their source and date. Missing values are shown as unknown, never estimated.

Capital growth

VIC

Why this lot, not just this suburb

Why could this property outperform?

Planning layers have not been retrieved for this property yet. A suburb median or growth rate is not a reason this particular lot would outperform. Funded catalyst catchments are not loaded. A TOD badge is not this product.

What could kill that thesis?

Confidence: low

Official flood overlay has not been retrieved (pending). Missing layer is unknown, not “no.” Victoria has no public statewide property-level DA API. Nearby pipeline is unknown.

Rental

Income, competition, and yield

What will it realistically rent for?

Confidence: low

No advertised rent is recorded. Suburb median rent $817/week — not this address. An inferred likely-rent range is not shown until official bond series are loaded for this dwelling type and bedrooms.

What competition will it face?

Current comparable rental listings within 400 m of this lot are not loaded. Victoria has no public statewide property-level DA API. Nearby pipeline is unknown. Supply pressure needs comparable listings near this lot plus a nearby DA pipeline. Neither is loaded. Suburb vacancy or leased-tape days are not this property’s competition.

What does the yield actually look like?

Confidence: low

Yield cannot be shown without both a price and a rent figure. Net yield is not estimated from gross advertising copy. Net yield / holding costs are not estimated outside NSW without inventing land tax.

Verdict

What this means for this property

Districts view

Not enough official evidence yet to underwrite this as an investment.

Detail

The same ten questions apply to every property. Missing flood, nearby DAs, achieved rents, or lot geometry is unknown — not “no.”

Read more

Do not treat a suburb median, an advertised yield, or a listing score as the case for this lot.

The evidence loaded so far isn't enough on its own to change a buy, offer, or walk-away decision for this property.

Evidence

What is known for this property

Districts asks the same ten questions of every property. If one shows as unknown, that data isn't published for this state or hasn't been loaded yet — the question stays visible so you can see exactly what's missing.

1 of 10 questions answered so far

  • Development optionality of this lot

    Unknown

    Planning layers have not been retrieved for this property yet.

  • Nearby development pipeline

    Unknown

    Victoria has no public statewide property-level DA API. Nearby pipeline is unknown.

  • Honest achievable rent

    Knownlow

    This is not “bond data says this address leases for $X.” The comparable figure is a suburb advertised/median rent, not this property. Official bond files (postcode or suburb × type × bedrooms) are not loaded yet.

  • Rental supply pressure

    Unknown

    Supply pressure needs comparable listings near this lot plus a nearby DA pipeline. Neither is loaded.

  • Why is this cheap?

    Unknown

    The constraint stack has not been retrieved for this lot, so Districts cannot explain a discount versus land size.

  • Lot-level flood

    Unknown

    Official flood overlay has not been retrieved (pending). Missing layer is unknown, not “no.”

  • Catalyst exposure

    Unknown

    Funded catalyst catchments are not loaded. A TOD badge is not this product.

  • This lot's DA history

    Unknown

    Development applications have not been queried for this parcel.

  • Statutory land value versus ask

    Unknown

    Statutory land value is not available as free bulk data in this jurisdiction. Do not fake it with a suburb median.

  • Net yield / holding costs

    Unknown

    Net yield / holding costs are not estimated outside NSW without inventing land tax.

Area

Beaumaris in one glance

Beaumaris at a glance

14,421

People

$1,850,000

Median sale

$817/wk

Median rent

2.30%

Suburb gross yield

Median sale from 13 recorded sales (last 12 months) — a Districts calculation.

See the full Beaumaris report →

Keep researching

  • Why Beaumaris? Read the area thesis →
  • What else is on the market in Beaumaris →
  • Other records on Balcombe Rd →

Listing material

Listed by Nick Johnstone Real Estate

Price Reduction - $2,000,000 - $2,200,000. Land Size 890sqm (approx)

A Landmark Beaumaris Beauty showcasing Colonial Style Elegance in Elite Precinct

One of the most admired homes in Beaumaris and loved by the same family for over 70 years. This magnificent Colonial residence within a private and tranquil garden beautifully embraces the grace and grandeur of an elegant mid-century era. An early and celebrated vision from architect John Mockridge of Mockridge Stahle & Mitchell in the early 50s, this grand dame's immaculate, untouched beauty offers a rare opportunity to renovate a treasured timepiece or extend on its extensive 890 sqm (approx) allotment, with the potential to capture panoramic bay views from a second-level extension (STCA).

Iconic with its distinctive green shutters contrasting against the white facade, this time-honoured dame welcomes a wealth of space within the entrance hall, showcasing the warmth of a time gone by. Original and expansive proportions allow for wonderful entertaining and cosy family gatherings, with separation between the formal and informal living and dining areas allowing an insight into the home's vibrant past. The lounge with a gas fireplace is a cosy place to gather, whilst the casual living room and exceptionally spacious formal dining room (OFP) extend to a fabulous rear garden for lavish entertaining in all seasons.

Read the full description

Light-filled accommodation upstairs comprises three bedrooms, including the robed main with bay glimpses, whilst two bathrooms over two levels, an external laundry and an authentic yet practical kitchen with electric cooking complete the layout. Savour the brilliance of mid-century architecture with a concealed built-in wet bar for the living room, a combination of floor-to-ceiling glass and double-hung windows, and an incredible amount of storage inside and out, including a powered garage/workshop and under-house boat storage. Offering instant comfort with split system heating/AC and ducted heating, this utterly beautiful home provides a rare opportunity to revive an architectural classic in a blue-ribbon location, just metres from the popular Beaumaris Secondary College, Balcombe Road shops and nearby the Concourse, the Royal Melbourne Golf course, the Black Rock shopping hub, beach and life-saving club.

At a glance...

- One-owner home, within the same family for 70+ years

- Architect-designed by John Mockridge of Mockridge Stahle & Mitchell in 1950

- Superbly proportioned and light-filled

- Two generous living areas

- Authentic vintage 50s kitchen/meals with electric cooker

- Iconic external green shutters over two levels

- North-facing front yard bathed in rays throughout the day

- Entertainer's domain with exceptional casual living

- Quintessential mid-century floor-to-ceiling glazed walls with garden outlooks

- An abundance of built-in shelving and storage throughout

- Wet bar concealed within the living room cupboard (room for bar fridge)

- Gas fireplace in the formal lounge

- Open fireplace in the formal dining room

- Built-in robes and bay views to the main bedroom

- Under stairs storage with light

- Rear workshop/garage with power

- Plenty of secure off-street parking

- Deep rear gardens with beautiful established greenery

Property Code: 2380

Listing description written by Nick Johnstone, Nick Johnstone Real Estate — reproduced as published, not verified by Districts.

Districts

Australian property research from recorded sales, listings, and official layers. Missing data is shown as unavailable, never filled in.

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Research purposes only. Not personal financial advice, a valuation, or a planning certificate. Always speak to a licensed financial adviser before you act.