Top beach sales

Author: Enzo Raimondo
Date: 15 Dec 15

A luxury home in the coastal town of Fairhaven has topped the list of most expensive beach homes sold in beach-town.jpgregional Victoria this year, new REIV data shows. 


The three-bedroom home sold for $3 million in March after just 22 days on the market.  Set on 920sqm, the property overlooks the Great Ocean Road and features direct access to the beach and Fairhaven Surf Club. 


The home was $1 million more expensive than the second property on the list – a unique four-bedroom home in Torquay, which went for $2 million in March. Master-built, the property has views of the Sands Golf Club and is located within walking distance of Whites Beach. 


This was closely followed by an eight-bedroom, three-bathroom home near the eastern tip of Phillip Island. Set on almost five acres, the property sold for $1.9 million in April. 


Meanwhile, a three-bedroom house on Geelong’s desirable Eastern Beach Road went for $1.86 million in October – significantly higher than the regional centre’s median house price of $577,500.


Rounding out the top five was a four-bedroom home in Clifton Springs, selling for $1.85 million in January. The 3,449sqm property features an infinity pool, six-car garage and direct access to the water.


The Greater Geelong municipality dominated the remainder of the top 20 highest selling beach properties in the year to date. 


Ocean Grove on the Bellarine Peninsula was home to four of the state’s highest selling beach properties. A four-bedroom home in the town sold for $1.82 million at the end of October; a five-bedroom property sold for $1.7 million in April; a three-bedroom, three-bathroom home sold for $1.3 million in February; and a two-bedroom property went for $1.25 million in April.


Other towns recording top beach home sales this year include Anglesea ($1.65 million), Inverloch ($1.6 million), Barwon Heads ($1.54 million), Point Lonsdale ($1.35 million) and Drumcondra (1.2 million).