Five beach houses at $505,000 or less on Victoria's Mornington Peninsula

Five beach houses at $505,000 or less on Victoria's Mornington Peninsula
Five beach houses at $505,000 or less on Victoria's Mornington Peninsula

A Rosebud beach house sold at weekend auction for $505,500.

The weekend sale was 2 Spray Street, Rosebud (above). Shane Fox at Ray White sold it. 

The two storey three bedroom had fetched $390,000 in 2014.

Property Observer went looking for five more than could be bought at less than half a million on Victoria's Mornington Peninsula.

Another in Rosebud is available, with YPA Estate Agents agent Chris Fahl asking between $440,000 and $480,000 for a three bedroom, one bathroom home.

Last traded for just $72,000 in 1997, 12 Kennington Road (below) in Rosebud is set on 679 sqm and a short walk to Port Phillip Bay.

Five beach houses at 5,000 or less on Victoria's Mornington Peninsula

A beach house at 9 Swans Way (below) in Rosebud West is on the market for $430,000 with Basso Real Estate agent Paul Basso, having last sold for $295,000 in 2010.

Five beach houses at 5,000 or less on Victoria's Mornington Peninsula

The renovated three bedroom investment property was bringing in $330 a week, which would show a rental yield of 3.99 percent for the new buyer.

YPA Estate Agents Sheree Hay is asking for offers between $430,000 and $470,000 for 1 Hackworth Road (below) in Rye.

Five beach houses at 5,000 or less on Victoria's Mornington Peninsula

It's a three bedroom, one bathroom home on a corner allotment with a wood fire pizza oven in the back yard.

It last traded for $286,000 in 2008.

Just touching the $500,000 barrier is this three bedroom, single level home in Safety Beach, which only traded last year for $350,000.

The property at 38/113 Country Club Drive (below) is priced at $499,000 through YPA Estate Agents Ben Nutbean and Jade Springer.

Five beach houses at 5,000 or less on Victoria's Mornington Peninsula

Back to Rosebud, where Darren Sadler at Eview Property Group wants offers over $475,000 for 28 Sunningdale Road (below).

Five beach houses at 5,000 or less on Victoria's Mornington Peninsula

Last sold in 2010 for $375,000, the three bedroom, two bathroom renovated family home offers an open plan living area with large back yard. 

Jonathan Chancellor

Jonathan Chancellor

Jonathan Chancellor is one of our authors. Jonathan has been writing about property since the early 1980s and is editor-at-large of Property Observer.

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Beach House Rosebud

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