Historic Rosebud offering Parkmore finally sold

Historic Rosebud offering Parkmore finally sold
Staff reporterMarch 26, 2019

Parkmore, a historic 1891 Victorian mansion in Rosebud, the seaside town on the Mornington Peninsula, has finally sold after numerous attempts.

The grand six-bedroom Victorian home at 741-743 Point Nepean Road sold for an undisclosed price having revised price hopes of $2.6 million to $2.8 million during its most recent sales campaign.

The property passed in at auction last July.

Positioned opposite the beach, last year McEwing & Partners Mornington agent Quentin McEwing saw two bidders compete for the property before it was passed in at $3,175,000.

The heritage listed manor had an initial guide of $2.7 million to $3 million which was amended to a price guidance of $3.2 million to $3.5 million before the auction.

It was listed in 2017 with $3 million to $3.3 million price guidance.

 

It last sold at a suburb record $2,825,000 in 2016 when bought by the property developer Robert Kampf.

Directly opposite a long sandy stretch of beach, thehouse comes with three living/dining rooms, a modern kitchen, wine cellar/cantina, six bedrooms, and an array of verandas and patios.

Other features include heated swimming pool & spa, fireplaces, sash windows and ducted heating and cooling. 

It is within short walking distance to the McCrae Plaza, the yacht club, restaurants and cafes.

It is listed by Quentin McEwing and Marcus Gollings from McEwing & Partners Real Estate.

The suburb's median house price sits around $560,000, according to CoreLogic. 

Rosebud was raked in late 2017 as the cheapest place to buy on the Mornington Peninsula. 

 

Median house

Annual growth

5 year growth

Dromana$685,00018%84%
Blairgowrie$856,00015%84%
Tootgarook$553,50016%86%
Sorrento$1.3m30%92%
Safety Beach$720,50016%81%
Rye$643,50018%87%
Rosebud$526,00017%83%
Portsea$1.86m0%82%
Mount Martha$935,75019%91%
Mount Eliza$1.1m22%91%
Mornington$805,00017%91%

Source: Domain Group House Price Report, December quarter 2017 

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