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48 Ward Street, St Leonards$895,000
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48 Ward Street

St Leonards, VIC 3223, Australia
$895,000
2 bed 1 bath 1 car1690 m²

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About this property

Representing exceptional value, following a price reduction, this superb 1,690m² (approx.) allotment offers a unique opportunity to secure a stand-out property, with future growth and development potential (STCA), just moments from the bay and vibrant St Leonards township. Offering the ideal opportunity for developers, investors, or those seeking space to grow this property will appeal to those with a growth mindset. Multi-unit developments on other allotments in this street have proven successful to developers and the potential to redevelop this premium site (STCA) is truly outstanding. The existing residence exudes warmth and character, featuring two double bedrooms with built-in robes and two generous living areas. Polished timber floorboards flow through much of the home, creating an inviting ambience, while the open-plan kitchen, dining and living area forms the heart of the home. From here, sliding doors extend to a semi-enclosed, undercover entertaining zone complete with weather protection blinds and a solid-fuel heater offering a comfortable year-round space to relax or host family and friends. A modern, centrally located bathroom and separate toilet service the home, while a single carport provides convenient parking. The vast rear yard is a true highlight offering plenty of space for boats, caravans, or future development potential (STCA). Mature trees create a peaceful, private garden setting, ideal for a summer BBQ or a game of backyard cricket. A rare chance to secure a large parcel of land in a tightly held coastal location inspect today and explore the possibilities.

Property Details

Property Type
house
Listing Type
For Sale
Bedrooms
2
Bathrooms
1
Parking
1
Land Area
1690 m²
Listed
3 months ago

Repayment calculator

$4,339/month
$2,169 /fortnight
Loan $716,000 at 6.10% over 30 years

Upfront costs

Deposit$179,000
Stamp duty$48,770
Conveyancing (est.)$2,000
Total upfront$229,770
Verify with VIC revenue office →
Indicative figures only — not a quote. Real loan offers depend on the lender; duty depends on contract terms and applicable concessions.

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Neighbourhood

Living in St Leonards

This 2-bedroom house in St Leonards, VIC 3223 sits within reach of public transport, local shops and nearby schools. It is listed 18% above the $760,000 median of 75 comparable houseswithin 5 km.

Schools near St Leonards

  • St Leonards Primary Schoolprimary · Prep-6 · CoEd

What's nearby

  • Bluff Rd/Leviens Rd (bus)287 m away
  • Champions IGA St Leonards838 m away
  • Leviens Reserve198 m away
  • Unnamed412 m away
  • Charles McCarthy Memorial Reserve711 m away

St Leonards at a glance

Full suburb profile
Population
3,542
Median age
56
Household income
$1,183/wk
Median rent
$350/wk
Median mortgage
$1,654/mo

Source: ABS Census.

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Suburb market

Suburb price trend

St Leonards price trend

Median sold · House 4 bed

Compound growth +0.0% / yr over 4 yrs

$778kcurrent median

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Price history

Price history

Listing price changes

1 price change recorded for this property

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