Images and floorplans are provided for illustrative purposes and remain the property of their respective copyright owners.

Location

Market Insights for Deepdene VIC 3103

New Listings (last 30 days)

Average price

$3,444,444

Lowest price

$1,300,000

Highest price

$7,000,000

29-31 Deepdene Road, Deepdene VIC 3103

Expressions Of Interest

Search Band

$8M - $9M Medium Confidence Calculated based on our search observations.

House 5 beds 3 baths 5 cars 2231 m²

Listed: 28th Jul 2026

Updated: 4 hours ago

Overview

Set on an impressive elevated allotment of approximately 2231 square metres, this grand 1920s residence, known as 'Bellarine', occupies a prestigious position along a plane tree-lined avenue in Deepdene with no heritage overlay. The expansive grounds and substantial frontage of about 34 metres, including a dual automatic gated driveway and tiered fountain garden, emphasize the property's landmark presence and potential.

The home preserves elegant period character and offers an invitingly spacious and comfortable interior. Hydronic heating and ducted cooling, alongside modern security features including an alarm system and CCTV surveillance, create a balanced blend of heritage charm and contemporary convenience. Multiple formal rooms with ornate decorative ceilings and a cozy fireplace inglenook enhance the sense of refined living and provide versatile spaces for entertaining and relaxing.

A modern gourmet kitchen equipped with European stainless-steel appliances connects seamlessly to a north-facing family room with a gas fireplace, fostering a warm and convivial atmosphere for family and social gatherings.
The property comprises five generously sized bedrooms, with the master suite featuring a walk-in robe and stylish ensuite, complemented by a study/retreat integrated into another bedroom, ideal for flexible living or working arrangements.
Luxury extends outdoors with a sun-drenched alfresco terrace, an expansive north/south tennis court, a large swimming pool, a storeroom, and a remote-control three-car garage, all contributing to an enviable lifestyle suited for families, entertainers, or those seeking a substantial luxury residence with room for potential subdivision (subject to council approval).

Strategically located close to elite private schools, Deepdene Village, parks, and tram connections, 'Bellarine' affords a remarkable lifestyle opportunity to live immediately in lavish surroundings, restore its original splendour, develop a contemporary residence, or subdivide the substantial grounds. This offering stands as a rare and significant real estate proposition in one of the area’s most coveted pockets.

Local Market Insights

In Deepdene, Quiet Listings observed 18 new houses entering the market over the last 30 days, up from 15 during the previous 30-day period, with an average advertised asking price of $3,444,444. The property type mix of listed properties is predominantly Houses at 62%, followed by units (14%), and townhouses (10%). The most active agency for houses in the Deepdene area is currently Jellis Craig, representing 39% of new listings, followed by Ray White with 17%. These insights are based on agencies currently monitored by Quiet Listings and are updated as the local market changes.

While every effort is made to ensure the accuracy and completeness of the property information provided, no guarantee is given. Buyers should independently verify all details, inclusions, availability, pricing, and other relevant information directly with the listing agent before relying on this information.