Affordable Coastal Living with Value to Add

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40 Narvik Avenue, St Leonards VIC 3223

$520,000 - $550,000

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$520k - $546k Transparent Transparent Listing Based on an openly advertised listing price.

House 3 Beds 2 Baths 4 Cars 665 m²

Listed: 8 days ago

Updated: 9 hours ago

Overview

This inviting property in the popular seaside community of St Leonards presents an opportunity to embrace a relaxed coastal lifestyle paired with practicality and value. Set on a sizable 665sqm allotment, the home offers spaciousness and scope for buyers seeking entry-level accommodation with room to grow.

The layout centers on an open-plan kitchen, dining, and living area that encourages family connection and entertaining ease. With three bedrooms and two bathrooms, the home caters well to families, holidaymakers, or investors looking for a versatile property in a sought-after location.

A standout feature is the substantial 6m x 13m shed, providing excellent storage, workspace, or secure parking for multiple vehicles and recreational gear—perfect for tradies or hobbyists requiring ample space.

Positioned just minutes from the township’s heart and the sparkling shores of Port Phillip Bay, residents benefit from convenient access to local shops, cafes, and stunning beaches. This balance of affordability, generous land size, and functional extras makes it ideal for first-home buyers, investors, or those seeking an affordable coastal retreat.

Generous 665sqm land offering space and potential
Three comfortable bedrooms with two bathrooms for convenience
Open-plan living area fostering a connected home environment
Large shed delivering exceptional storage and workspace options
Close proximity to the St Leonards town center and beaches
A practical, versatile home with value to add

Overall, this property represents a sound investment in lifestyle and opportunity, perfectly suited to those prioritising location, space, and an affordable coastal living experience on the Bellarine Peninsula.

Local Market Insights

In St Leonards, Quiet Listings observed 34 new houses entering the market over the last 30 days, down from 49 during the previous 30-day period, with an average advertised asking price of $847,647. The property type mix of listed properties is predominantly Houses at 71%, followed by land (24%), and units (2%). The most active agency for houses in the St Leonards area is currently Neville Richards Real Estate, representing 35% of new listings, followed by Stockdale & Leggo with 18%. 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.