Hodges Bellarine Pulse 1QTR 2023

Bellarine Pulse

Index

Photographed:

Front Page & above

61 Lake Avenue

Pg 3 Hodges Office Locations

Pg 4 Introduction

Pg 5-6 Market Graphs

Pg 7-9 Suburb Median Prices and Changes

Pg 10-16 Bellarine Sales over $2m and under 2,000m2

Pg 17 Where are acreage buyers coming from?

Pg 18-23 Acreage Sold

Pg 24-37 Acreage on Market

Our Office Locations

Welcome to the latest edition of the Hodges Bellarine Property Pulse, your trusted

source for insightful updates on the local real estate market. In this edition, we will

explore the impact of rising interest rates and inflation on the Bellarine property market,

highlighting recent developments that have influenced buyer demand and sentiment.

In recent months, the Australian property market has been closely monitoring the effects

of increasing interest rates and inflation, and the Bellarine Peninsula is no exception.

There have been significant changes in the market, and we have provided graphs below

to help you understand the key indicators. The first graph shows the current inflation

rate, which spiked in 2021 and 2022, reaching levels unseen since 1990. However, the

most recent data indicates a drop from 7.8% to 7%, giving economists reason to expect

that interest rates would remain at 3.6% for May however were shocked yesterday when

the RBA decided to raise 25 basis points to 3.5%.

Through April as the cash rate stabilised, we observed a notable improvement in buyer

sentiment. Over the past month, we have seen increased buyer activity during open

house inspections across the Bellarine, with a rise in submitted offers.

The second indicator worth monitoring is the graph illustrating fixed-rate mortgages. As

we progress further into the year, particularly into June, we anticipate approximately

17% of home loans transitioning away from their low fixed-rate mortgages.

Economists hold differing views on whether this upcoming wave of fixed-rate mortgage

transitions will mark the beginning of an economic downturn.

To see how your suburb has evolved over the past three months, please refer to our

suburb profile page. If you would like to receive the comprehensive report for your

suburb, simply reply to this email, and we will arrange it for you.

Thank you for reading. We hope you find the information provided useful. We welcome

any feedback or suggestions. Please feel free to reply to this email if there is anything

we may have overlooked or anything specific you would like to see.

Best regards,

The Hodges Team

1.

1.Inflation Graph

2. Fixed Rate Loan Expiration

3. Increase in Household Payments

2.

3.

Suburb Profiles

Data was collected from Pricefinder on April 12, 2023. It's important to remember that statistics, like any

data, rely on the information available. In the realm of Real Estate, confirmed results may not materialise

until settlement, which typically takes place around 60 days after going unconditional. Consequently,

areas with lower turnover can yield more misleading results due to the limited number of sales

considered. Queenscliff serves as an example, where data is based on only two sales. Conversely, suburbs

like Ocean Grove experience higher turnover within those three months, providing a more insightful

perspective. We hope you find this information valuable. If you would like to receive a unique report on

your suburb, please SMS or email your suburb to 0411 309 990 or cschumann@hodges.com.au.

Barwon Heads

Median $1,330,000

Change -26.1

Clifton Springs

Median $655,000

Change -7.7%

Curlewis

Median $635,000

Change -10.6%

Drysdale

Median $760,000

Change -5.4%

Leopold

Median $675,000

Change -4.9

Ocean Grove

Median $1,012,500

Change -7.7%

Point Lonsdale

Median $1,847,500

Change +20%

Portarlington

Median $940,000

Change -4.6%

Queenscliff

Median $1,348,500

Change -20.7%

(2 sales)

St Leonards

Median $762,500

Change -5%

Residential Sales

Over $2m under 2,000m2

1st QTR 2023

The Bellarine

Photograph:

11 Driftwood Street

View Property

Sales Map

This report has been compiled on 23/04/2023 by Hodges Ocean Grove. Property Data Solutions Pty Ltd 2023 - www.pricefinder.com.au

© The State of Victoria. The State of Victoria owns the copyright in the Property Sales Data and reproduction of the data in any way without the consent of the State of Victoria will constitute a breach of

the Copyright Act 1968 (Cth). The State of Victoria does not warrant the accuracy or completeness of the information contained in this report and any person using or relying upon such information does

so on the basis that the State of Victoria accepts no responsibility or liability whatsoever for any errors, faults, defects or omissions in the information supplied.

Sales Search Report - Image Report

Search Criteria

Search Summary

Records: 24

Focus Property:Map Region (45,483.33 ha)

Price

Days

Area

Radius: 500 m

Sale Date: 31/12/2022 to 23/04/2023

Sale Price: More than $2,000,000.00

Land Size: Less than 2,000 m²

Attributes:Any

Property Type: Any

Lowest

Highest

Average

Median

$ 2,000,000

$ 5,500,000

$ 2,906,042

21

433

123

405 m²

1,760 m²

806 m²

$ 2,630,000 67 736 m²

19-23 BARWON TCE, BARWON HEADS, VIC 3227

UBD Ref: Melbourne - 663 E17

Distance from Property: 9.5km

4

4

2

Property Type: House

Area: 667 m²

Area $/m2:

RPD: 31//PS711107

Features:

Sale Price: Price Withheld (Agents Advice - Sale)

Sale Date: 13/04/2023 Days to Sell: 180 Days

Last Price: $3,500,000-$3,700,000 Chg %:

First Price: $3,700,000-$3,900,000 Chg %:

A

13 QUEEN ST, QUEENSCLIFF, VIC 3225

UBD Ref: Melbourne - 666 N18


4

2

2


Area: 1,014 m²

Area $/m2:

RPD: 23/22/PP5661

Features:



Last Price: $2,600,000 - $2,860,000Chg %:

First Price: $2,600,000 - $2,860,000Chg %:

B

12-13 CHANTICLEER PL, BARWON HEADS, VIC 3227


Distance from Property: 10km

5

3

2


Area: 743 m²

Area $/m2: $3,372

RPD: 96//PS600142

Sale Price: $2,505,000 (Agents Advice - Sale)


Last Price: Quoting $2,200,000 Chg %:

First Price: $2,700,000-$2,900,000 Chg %: -7.2%

Features: DECK, IMPROVEMENTS: DISHWASHER

C

9 RAGLAN ST, QUEENSCLIFF, VIC 3225

UBD Ref: Melbourne - 666 Q19


5

3

2


Area: 664 m²

Area $/m2:

RPD: 1//TP749160; 1//TP954261



Last Price: $2,600,000 - $2,800,000Chg %:

First Price: Expressions of Interest Chg %:

Features: DECK, FIRE PLACE, BUILT IN ROBES, AIR CONDITIONED, POOL, FULLY

FENCED, IMPROVEMENTS: ALARM SYSTEM, GAS, INDOOR SPA, FLOORBOARDS,

D





2-4 WHITTON ST, OCEAN GROVE, VIC 3226

UBD Ref: Melbourne - 663 P18


-

-

-

Property Type: Vacant Land

Area: 856 m²

Area $/m2: $2,336

RPD: 1//PS344006

Sale Price: $2,000,000 (Normal Sale)

Sale Date: 17/03/2023 Days to Sell: N/A

Last Price:

Chg %:

First Price:

Chg %:

Features:

E

9 MARGATE ST, BARWON HEADS, VIC 3227

UBD Ref: Melbourne - 675 G4


3

1

2


Area: 736 m²

Area $/m2: $3,601

RPD: 65//LP3085

Features:



Last Price: $2,750,000 (Under Chg %: -3.6%

First Price: Auction (Under Offer) Chg %:

F

3/78 CARR ST, BARWON HEADS, VIC 3227

UBD Ref: Melbourne - 675 H1


3

2

2

Property Type: Unit

Area: 738 m²

Area $/m2: $3,491

RPD: 3//PS407302



Last Price: Expressions of Interest Chg %:


Features:

G

69 STOKES ST, QUEENSCLIFF, VIC 3225



2

1

1


Area: 959 m²

Area $/m2:

RPD: 1//LP62705

Features:



Last Price: Contact Agent Chg %:

First Price: $2,300,000 - $2,500,000Chg %:

H

1 ELIZABETH ST, POINT LONSDALE, VIC 3225

UBD Ref: Melbourne - 678 A4


4

3

2


Area: 620 m²

Area $/m2:

RPD: 1//TP140294

Features:



Last Price: Expression of Interest Chg %:

First Price: For Sale

Chg %:

I





43 BRIDGE RD, BARWON HEADS, VIC 3227



3

-

-

Property Type: Vacant Land

Area: 572 m²

Area $/m2: $4,108

RPD: 70//LP7464

Features:



Last Price: $2,500,000-$2,700,000 Chg %: -6.0%

First Price: $2,750,000-$2,950,000 Chg %: -14.5%

J

25-27 ARALUEN CRT, BARWON HEADS, VIC 3227



4

3

2


Area: 1,567 m²

Area $/m2:

RPD: 2//PS731440

Features:



Last Price: $3,450,000-$3,650,000 Chg %:

First Price: $6,250,000

Chg %:

K

35 MARGATE ST, BARWON HEADS, VIC 3227



5

2

2


Area: 515 m²

Area $/m2: $3,932

RPD: 2//LP114155

Features:



Last Price: Quoting

Chg %: -5.8%

First Price: Auction - Quoting Chg %: -12.0%

L

9 KILLEARN AVE, POINT LONSDALE, VIC 3225



4

3

2


Area: 736 m²

Area $/m2:

RPD: 18//LP61867

Features:



Last Price: $2,695,000 (Under Chg %:

First Price: Contact Agent (Under Chg %:

M

1 NICHOLAS CRT, POINT LONSDALE, VIC 3225

UBD Ref: Melbourne - 678 B4


3

1

-


Area: 611 m²

Area $/m2:

RPD: 10//LP1554

Features:



Last Price: AUCTION

Chg %:

First Price: AUCTION

Chg %:

N





1-3 SWANSTON ST, QUEENSCLIFF, VIC 3225



3

1

2


Area: 1,021 m²

Area $/m2:

RPD:

Features:



Last Price: AUCTION

Chg %:

First Price: AUCTION

Chg %:

O

82B GLANEUSE RD, POINT LONSDALE, VIC 3225

UBD Ref: Melbourne - 677 R5


4

3

1


Area: 455 m²

Area $/m2:

RPD: 1//PS745156

Features:



Last Price: Expression of Interest Chg %:

First Price: Expression of Interest Chg %:

P

103 THE PDE, OCEAN GROVE, VIC 3226



3

4

2


Area: 811 m²

Area $/m2: $4,957

RPD: 226//LP1855

Features:



Last Price: Auction - Quoting Chg %:

First Price: $5,700,000 - $6,200,000Chg %: -29.5%

Q

87B DARE ST, OCEAN GROVE, VIC 3226



3

2

2


Area: 405 m²

Area $/m2:

RPD: 2//PS816133



Last Price: $2,500,000 - $2,700,000Chg %:

First Price: $2,500,000 - $2,700,000Chg %:

Features: BUILD YR: 2020, DOUBLE STOREY, DECK

R

17 NOBLE ST, BARWON HEADS, VIC 3227

UBD Ref: Melbourne - 675 F3


3

2

1


Area: 650 m²

Area $/m2: $3,769

RPD: 68//LP5466



Last Price: $2,400,000-$2,600,000 Chg %:

First Price: $2,400,000-$2,600,000 Chg %:

Features:

S





40 CHESHUNT ST, POINT LONSDALE, VIC 3225

UBD Ref: Melbourne - 677 R5


4

-

-


Area: 1,051 m²

Area $/m2: $4,234

RPD: 1//PS911963; 76//LP1554



Last Price:

Chg %:

First Price:

Chg %:

Features:

T

11 RAINBOW CRT, OCEAN GROVE, VIC 3226



5

3

2


Area: 821 m²

Area $/m2: $2,436

RPD: 119//LP118994

Features:



Last Price: $2,200,000-$2,400,000 Chg %: -7.0%

First Price: $2,200,000-$2,400,000 Chg %: -9.1%

U

84 KIRK RD, POINT LONSDALE, VIC 3225



3

2

2


Area: 681 m²

Area $/m2:

RPD: 10//LP34081

Features:



Last Price: $2,650,000 - $2,850,000Chg %:

First Price: $2,650,000 - $2,850,000Chg %:

V

29-33 FLINDERS PDE, BARWON HEADS, VIC 3227



4

3

2


Area: 1,760 m²

Area $/m2:

RPD: 4//LP9338; 1, 2//TP856745



Last Price: $3,500,000-$3,700,000 Chg %:


Features: DECK, IMPROVEMENTS: FLOORBOARDS, DISHWASHER

W

83 FELLOWS RD, POINT LONSDALE, VIC 3225



4

2

2


Area: 688 m²

Area $/m2: $3,561

RPD: 1//TP228237



Last Price: For Sale

Chg %:

First Price: For Sale

Chg %:

Features:

X





Where do Wallingtons prospective buyers of acreage properties

originate from?

The following information highlights the origins of out-of-area

buyers who have expressed interest in purchasing properties in

Wallington.

Why specifically Wallington? This choice is based on the significant

number of sales that have taken place in Wallington compared to

other areas with acreage properties. Therefore, focusing on

Wallington is an excellent strategy.

Why is this knowledge valuable? If you are looking to sell, it is

crucial to identify the specific locations where you should direct

your marketing efforts, whether through newspapers, social media,

or any other platforms you may be using.

Key Postcodes

3040 - Essendon

3226 - Ocean Grove

3216 - Geelong

Acreage Sold

1st QTR 2023

The Bellarine

Photograph:

30-34 Waterson Place

View Property

Sales Map





Sales Search Report - Image Report

Search Criteria

Search Summary

Records: 18

Focus Property:Map Region (45,483.33 ha)

Price

Days

Area

Radius: 0 m

Sale Date: 31/12/2022 to 23/04/2023

Sale Price: Any

Land Size: More than 1 ac

Attributes:Any

Property Type: Any

Lowest

Highest

Average

Median

$ 385,000

$ 5,500,000

$ 2,025,556

13

352

112

8,024 m²

526,971 m²

78,879 m²

$ 1,870,000 73 19,694 m²

452-480 IBBOTSON ST, ST LEONARDS, VIC 3223



8

2

2


Area: 8.2 ha

Area $/m2: $23

RPD: 1//TP16188



Last Price: PRIVATE SALE BY Chg %:

First Price: MOTIVATED

Chg %:

Features:

A

111-119 SETTLEMENT RD, DRYSDALE, VIC 3222

UBD Ref: Melbourne - 641 L9


4

3

2

Property Type: Other

Area: 5.08 ha

Area $/m2:

RPD: 1//TP583714



Last Price: $3.4m - $3.5m Chg %:


Features: BUILD YR: 2005, STOREYS: 1, STUDY, BUILT IN ROBES, MODERN KITCHEN,

AIR CONDITIONED, SCENIC VIEWS, FULLY FENCED, SHED/S

B

1225-1239 SWAN BAY RD, SWAN BAY, VIC 3225

UBD Ref: Melbourne - 654 P18


3

2

2

Property Type: Unit

Area: 31.91 ha

Area $/m2:

RPD: 2//PS642593

Features:



Last Price: Under Offer (Under Chg %:

First Price: Awaiting Price Guide Chg %:

C

171-175 RHINDS RD, WALLINGTON, VIC 3222



4

3

4


Area: 1.91 ha

Area $/m2:

RPD: 2//PS306726

Features:




First Price: Contact Agent Chg %:

D





31 CALDWELL CRES, WALLINGTON, VIC 3222



4

2

2


Area: 1.34 ha

Area $/m2: $152

RPD: 2//PS620438



Last Price: Contact Agent (Under Chg %:

First Price: EOI | Closing Thursday Chg %:

Features:

E

37-41 HIGH RIDGE DR, CLIFTON SPRINGS, VIC 3222



4

2

6


Area: 1.08 ha

Area $/m2:

RPD: 48//LP149411

Features:



Last Price: $1,800,000

Chg %:

First Price: $1,800,000 (Under Chg %:

F

262-330 CORIYULE RD, CURLEWIS, VIC 3222



4

1

4


Area: 52.7 ha

Area $/m2:

RPD: 2//LP10308

Features:





G

269 BANKS RD, MANNERIM, VIC 3222

UBD Ref: Melbourne - 653 M15


4

2

10


Area: 8.1 ha

Area $/m2:

RPD: 1//TP18665

Features:



Last Price: $3,300,000 - $3,600,000Chg %:

First Price: Expressions of interest Chg %:

H

202-210 RHINDS RD, WALLINGTON, VIC 3222



4

2

4


Area: 1.75 ha

Area $/m2:

RPD: 1//LP149935



Last Price: For Sale

Chg %:

First Price: $2,395,000 - $2,595,000Chg %:

Features: STUDY, IMPROVEMENTS: COURTYARD

I





611-619 PORTARLINGTON RD, MOOLAP, VIC 3224



3

2

4


Area: 1.64 ha

Area $/m2: $74

RPD: 1//TP83513

Features:



Last Price: $1,250,000 - $ Chg %: -6.2%

First Price: $1,400,000 - $1,500,000Chg %: -12.9%

J

82-100 CRESWELL RD, MARCUS HILL, VIC 3222

UBD Ref: Melbourne - 665 D11


4

1

6


Area: 2.46 ha

Area $/m2:

RPD: 1//TP959286

Features:





K

11-13 CHATEAU CRT, OCEAN GROVE, VIC 3226



3

2

2


Area: 8,024 m²

Area $/m2: $236

RPD: 29//PS326855

Features: AIR CONDITIONED



Last Price: $1,900,000 - $2,050,000Chg %: -0.5%

First Price: $2,200,000 - $2,400,000Chg %: -14.1%

L

81-89 HARDINGS RD, WALLINGTON, VIC 3222

UBD Ref: Melbourne - 663 L8


2

2

3


Area: 9,603 m²

Area $/m2: $141

RPD: 1//TP959320

Features:



Last Price: $1,450,000-$1,595,000 Chg %: -6.9%

First Price: $1,600,000

Chg %: -15.6%

M





41-49 MARTINS RD, DRYSDALE, VIC 3222



4

3

4


Area: 2.03 ha

Area $/m2: $76

RPD: 1//TP15862




First Price: $1,400,000 - $1,540,000Chg %:

Features:

P

62-80 QUEENSCLIFF RD, PORTARLINGTON, VIC



4

1

4


Area: 4.6 ha

Area $/m2: $61

RPD: 2//TP16233





Features:

Q

1-14 FAIRWAY DR, WALLINGTON, VIC 3222



3

-

-


Area: 1.41 ha

Area $/m2: $74

RPD: 1//PS346827



Last Price:

Chg %:

First Price:

Chg %:

Features:

R





Acreage For Sale

1st QTR 2023

The Bellarine

Photograph:

30-34 Waterson Place

View Property

Listings Map


Nearby Comparable For Sale Properties

301-313 BANKS RD, MANNERIM 3222 UBD Ref: Melbourne - 653 L15

4

2

2

Property Type:Other

Area: 8.87 ha

RPD: 1//TP548790

Current List Price: Offers Closing 5pm Mon 22nd

First List Price: Offers Closing 5pm Mon 22nd May if

Date Listed: 27/04/2023 Days Listed: 1 Day

Listed Price Change:

Features:

301-313 BANKS RD, MANNERIM 3222 UBD Ref: Melbourne - 653 L15

4

2

2

Property Type:Other

Area: 8.87 ha

RPD: 1//TP548790

Current List Price: Offers Closing 5pm Mon 22nd

First List Price: Offers Closing 5pm Mon 22nd May

Date Listed: 27/04/2023 Days Listed: 1 Day


Features:

20-22 HILL ST, CLIFTON SPRINGS 3222 UBD Ref: Melbourne - 640 M12

3

2

4

Property Type:House Current List Price: $1,650,000 - $1,750,000

Area: 4,899 m²

First List Price: $1,650,000 - $1,750,000

RPD: 2//LP92529

Date Listed: 26/04/2023 Days Listed: 3 Days


Features:

122-138 TOWER RD, PORTARLINGTON 3223 UBD Ref: Melbourne - 630 J14

4

2

2

Property Type:House

Area: 3.32 ha

RPD: 1//TP122183

Current List Price: Expressions of Interest

First List Price: Expressions of Interest



Features:


30-34 WATERSON PL, DRYSDALE 3222 UBD Ref: Melbourne - 653 D2

5

3

4

Property Type:Other

Area: 1.25 ha

RPD: 1//TP98246

Current List Price: EOI - Tue 23rd May $1.65M-$1.79

First List Price: EOI - Tue 23rd May $1.65M-$1.79M



Features:

14 YELLOW GUM DR, OCEAN GROVE 3226 UBD Ref: Melbourne - 664 A13

6

3

2


Area: 4,483 m²

First List Price: $4,850,000 - $5,300,000

RPD: 7//PS546300



Features:

162-180 MITCHELL ST, PORTARLINGTON 3223 UBD Ref: Melbourne - 631 K13

1

1

-

Property Type:Vacant Land

Area: 4.05 ha

RPD: 125//PP5647

Current List Price: Expressions of Interest closing

First List Price: Expressions of Interest closing 22nd



Features:

24-36 RESERVOIR RD, DRYSDALE 3222

-

1

2

Property Type:Other

Area: 1.2 ha

RPD:

Current List Price: Expression of Interest Quoting

First List Price: Expression of Interest Quoting



Features:

5-9 FILBAY CRES, DRYSDALE 3222 UBD Ref: Melbourne - 641 C20

5

2

5

Property Type: House Current List Price: $1,599,000 - $1,699,000

Area: 4,000 m²

First List Price: $1,600,000 - $1,760,000

RPD: 5//PS447571


Listed Price Change: -0.1%

Features: LOWSET, BRICK AND TILE, SOLAR PANELS, ENSUITE, GARAGE, STUDY,

VERANDAH/DECK, BUILT IN ROBES, MODERN KITCHEN, SCENIC VIEWS, ENTERTAINMENT


91-99 OLD ST, ST LEONARDS 3223

-

-

-


Area: 8 m²

RPD:





Features:

43 GLENRANA DR, INDENTED HEAD 3223 UBD Ref: Melbourne - 643 Q2

5

4

5


Area: 4,571 m²


RPD: 2//PS509668



Features:

531-547 QUEENSCLIFF RD, ST LEONARDS 3223 UBD Ref: Melbourne - 642 N15

-

-

-

Property Type:Other

Area: 30 ha

RPD: 2//PS911961

Current List Price: Expression of Interest Quoting

First List Price: Expression of Interest Quoting



Features:

14 CAMERON CRT, CLIFTON SPRINGS 3222 UBD Ref: Melbourne - 641 E6

4

5

6


Area: 6,259 m²

First List Price: $3,100,000 - $3,400,000

RPD: 36//LP149412



Features: DECK, STUDY

10 KEVIAN PARK DR, WALLINGTON 3222 UBD Ref: Melbourne - 652 D19

5

3

30

Property Type:Other

Area: 1 ha (45 m²)

RPD: 3//PS545046

Current List Price: $2.6m - $2.8m

First List Price: $2.8m



Features:


202-220 PIGDON ST, PORTARLINGTON 3223 UBD Ref: Melbourne - 630 M16

3

2

3

Property Type:Other Current List Price: $2,600,000

Area: 5.12 ha

First List Price: $2,600,000

RPD: 1//TP16233



Features:

11-19 CLARENDON RD, DRYSDALE 3222 UBD Ref: Melbourne - 641 E17

3

2

4

Property Type:House

Area: 1.24 ha

RPD: 12//PS729810

Current List Price: Expression of Interest closing

First List Price: Expression of Interest closing 21



Features:

1431-1439 PORTARLINGTON RD, CURLEWIS... UBD Ref: Melbourne - 652 G1

4

2

2


Area: 2.03 ha

RPD: 5//LP40509

Current List Price: Contact Agent

First List Price: $3m - $3.3m



Features: STUDY, BUILT IN ROBES, IMPROVEMENTS: TENNIS COURT, FLOORBOARDS,

DISHWASHER

121-139 MITCHELL ST, PORTARLINGTON 3223 UBD Ref: Melbourne - 631 H12

3

1

-

Property Type:Other

Area: 4.23 ha

RPD: 1//TP884471

Current List Price: Awaiting Price Guide

First List Price:



Features:

49A CERBERUS DR, OCEAN GROVE 3226

-

-

-

Property Type:Other

Area: 5.51 ha

RPD:


First List Price:



Features:


21-29 CLARENDON RD, DRYSDALE 3222

3

1

3

Property Type:House

Area: 1.17 ha

RPD:

Current List Price: Sale by negotiation

First List Price: Expressions of Interest closing 4 April



Features:

236-250 COATSWORTH RD, PORTARLINGTON... UBD Ref: Melbourne - 643 F8

-

-

-

Property Type:Other Current List Price: $649,000 - $699,000

Area: 1.51 ha


RPD: 1//PS330865



Features:

11-19 CLARENDON RD, DRYSDALE 3222 UBD Ref: Melbourne - 641 E17

3

2

4


Area: 1.24 ha

RPD: 12//PS729810





Features:

21-29 CLARENDON RD, DRYSDALE 3222

-

-

-


Area: 4,196 m²

RPD:





Features:

1291-1299 BELLARINE HWY, WALLINGTON 3222 UBD Ref: Melbourne - 651 Q15

5

2

16

Property Type: House Current List Price: $2,950,000

Area: 2.02 ha

First List Price: $3,800,000-$3,950,000

RPD: 4//LP90958



Features: FIRE PLACE, STUDY, IMPROVEMENTS: DISHWASHER, ALARM SYSTEM,

FLOORBOARDS, COURTYARD


91 ARRIGO DR, WALLINGTON 3222 UBD Ref: Melbourne - 652 A17

5

3

7


Area: 2.49 ha (343 m²)

First List Price: $2,900,000 - $3,200,000

RPD: 14//PS508586



Features:

310 SCOTCHMANS RD, DRYSDALE 3222 UBD Ref: Melbourne - 642 F8

4

3

8

Property Type:Other

Area: 32.21 ha

RPD:

Current List Price: Contact agent for details

First List Price: Contact agent for details



Features:

122-126 WYNDHAM ST, DRYSDALE 3222 UBD Ref: Melbourne - 640 N16

6

3

4

Property Type:House

Area: 8,247 m²

RPD: 2//PP5254; 1//TP839248





Features:

25 MOORFIELD DR, WALLINGTON 3222 UBD Ref: Melbourne - 652 J18

5

2

6

Property Type:House Current List Price: $1,750,000-$1,850,000

Area: 4,216 m²

First List Price: $1,750,000-$1,850,000

RPD: 25//PS337177



Features:

281 RHINDS RD, WALLINGTON 3222 UBD Ref: Melbourne - 664 E1

3

2

14

Property Type:Other Current List Price: $2,500,000-$2,700,000

Area: 1.87 ha

First List Price: $2,750,000-$2,950,000

RPD: 8//LP201666



Features:


17 HILLSON GR, OCEAN GROVE 3226 UBD Ref: Melbourne - 664 D13

5

3

3


Area: 5,839 m²

First List Price: $2,400,000 - $2,600,000

RPD: 50//LP111983



Features: FIRE PLACE, STUDY, BUILT IN ROBES, AIR CONDITIONED, POOL

1102-1110 SWAN BAY RD, SWAN BAY 3225 UBD Ref: Melbourne - 654 H19

5

3

4

Property Type:Other Current List Price: $2,500,000 - $2,700,000

Area: 2.45 ha

First List Price: Expression of Interest Closing Mon

RPD: 1//TP1560



Features:

1/29 MCKIERNAN ST, DRYSDALE 3222

4

2

2

Property Type:House

Area: 9,834 m²

RPD:

Current List Price: PRICE REDUCED TO SELL

First List Price: $1,400,000 - $1,500,000



Features:

1150 BELLARINE HWY, WALLINGTON 3222 UBD Ref: Melbourne - 651 K12

4

3

6


Area: 1.95 ha (186 m²)

First List Price: $1,850,000 - $ 1,950,000

RPD: 1//LP94646



Features: IMPROVEMENTS: COURTYARD

176 SCOTCHMANS RD, DRYSDALE 3222 UBD Ref: Melbourne - 641 R8

7

4

8


Area: 7.99 ha

First List Price: For Sale $5,750,000 - $6,250,000

RPD: 1//TP14707



Features:


411-415 PRINCESS ST, MANNERIM 3222 UBD Ref: Melbourne - 652 R13

3

1

5


Area: 2.21 ha

First List Price: $1,500,000 - $1,600,000

RPD: 1//TP960613



Features:

1140 PORTARLINGTON RD, CURLEWIS 3222 UBD Ref: Melbourne - 651 L1

3

2

2

Property Type:Other Current List Price: $1,350,000 - $1,450,000

Area: 2.02 ha

First List Price: $1,480,000 - $1,550,000

RPD: 11//LP98564



Features:

13 TANDERRA CRT, CLIFTON SPRINGS 3222 UBD Ref: Melbourne - 641 E4

4

2

2

Property Type:House Current List Price: $2,950,000

Area: 2.31 ha

First List Price: $2,950,000

RPD: 26//LP149411



Features:

50 SPROULES RD, WALLINGTON 3222 UBD Ref: Melbourne - 663 R3

4

2

2

Property Type:House

Area: 20 ha

RPD: 1//LP206030

Current List Price: $3,450,000 - $3,650,000 (Under

First List Price: Expression of Interest



Features:

50 SPROULES RD, WALLINGTON 3222 UBD Ref: Melbourne - 663 R3

4

2

2

Property Type:Other

Area: 20 ha

RPD: 1//LP206030

Current List Price: Under Offer (Under Offer)

First List Price: For Sale by Offers Closing 5pm 7th



Features:


142-160 SCOTCHMANS RD, BELLARINE 3223

-

-

-

Property Type:Other

Area: 16.19 ha

RPD:


First List Price:



Features:

361-399 CHURCH RD, PORTARLINGTON 3223 UBD Ref: Melbourne - 630 R19

4

2

7

Property Type: Other Current List Price: $4,000,000 - $4,200,000

Area: 32.38 ha

First List Price: $4,000,000 - $4,200,000

RPD: 2/1/PP3380



Features: STUDY, BUILT IN ROBES, AIR CONDITIONED, SCENIC VIEWS, WATER FRONTAGE,

CLOSE TO SCHOOLS, CLOSE TO TRANSPORT, IMPROVEMENTS: CLOSE TO SHOPS,

80 SCOTCHMANS RD, BELLARINE 3223

4

-

-

Property Type:Other

Area: 24.28 ha

RPD:

Current List Price: EOI: Closes 23rd May 2023 @

First List Price:



Features:

15-19 STATION ST, DRYSDALE 3222 UBD Ref: Melbourne - 640 P20

3

2

2

Property Type:House Current List Price: $1,720,000 to $1,780,000

Area: 4,118 m²

First List Price: $1,750,000 to 1,925,000

RPD:



Features:

65-67 BELLE VUE DR, OCEAN GROVE 3226 UBD Ref: Melbourne - 663 P10

5

2

2


Area: 5,329 m²

First List Price: $2,350,000 - $2,500,000

RPD: 32//LP216775



Features: AIR CONDITIONED


153-185 ANDERSON RD, DRYSDALE 3222

-

-

-


Area: 3.04 ha

RPD:

Current List Price: $780,000 -$820,000 Plus GST

First List Price: $890,000 -$950,000 Plus GST



Features:

1/17-19 ORD ST, ST LEONARDS 3223 UBD Ref: Melbourne - 656 B4

-

-

-

Property Type:Vacant Land Current List Price: $2,050,000-$2,200,000

Area: 9,931 m²

First List Price: $2,050,000-$2,200,000

RPD: 2-4//LP40542; 1//TP520747



Features:

249-253 JETTY RD, DRYSDALE 3222 UBD Ref: Melbourne - 640 L18

3

1

2


Area: 8,164 m²

First List Price: Expression of Interest

RPD: 21//PP5254



Features:

82-90 MIRRANDA CRT, WALLINGTON 3222 UBD Ref: Melbourne - 651 N17

5

4

6

Property Type:Other Current List Price: Auction Quoting $3,000,000

Area: 2.02 ha (450 m²)

First List Price: Auction

RPD: 8//LP99686



Features:


72-80 HOOD RD, PORTARLINGTON 3223 UBD Ref: Melbourne - 631 A13

-

-

-

Property Type:Other Current List Price: $2,100,000-$2,300,000

Area: 2.08 ha

First List Price: $2,100,000-$2,300,000

RPD: 2//TP398627



Features:

150 WHITCOMBES RD, DRYSDALE 3222 UBD Ref: Melbourne - 641 G12

4

4

3


Area: 17.23 ha (603 m²)

First List Price: Contact Agent

RPD: 1//TP959428

Date Listed:

Days Listed: 1000+ Days


Features:


From the entire team at Hodges, thanks.

Resources referenced.

https://www.macrobusiness.com.au/2022/10/aussies-wake-in-fright-to-fixed-rate-mortgage-doom/

https://www.rba.gov.au/inflation/measures-cpi.html

https://www.afr.com/politics/how-bad-will-the-looming-mortgage-cliff-be-in-five-charts-20230209-p5cjbd

Hodges Bellarine Pulse 1QTR 2023

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