Balnarring Beach house with $8million price to break real estate record: Australian house prices


Behind the doors of this ‘humble’ vine-covered ‘beach shack’ lies a luxurious hideaway set to sell for a record-breaking $8MILLION

  • A luxurious beach house with creeping vines covering its façade sits just metres away from the ocean’s edge
  • The home is on Balnarring Beach, an hour and 15 minutes south of Melbourne and mere stroll to the shore
  • An incredible light-filled family room opens up on both sides to the entertaining decks, gardens and bushland
  • The kitchen’s servery window showcases the views through the garden to the ocean acts as a private bar 
  • There is also a guests cottage, alfresco area with a kitchen and fire pit and a lavish master suite with a bathtub 

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A charming beach house covered in vines with a stunning indoor-outdoor lounge room, luxurious master suite and a kitchen bar is set to break a property record. 

The oceanside oasis, which is on the market with an asking price of $8million, is an hour and 15 minutes south of Melbourne in Balnarring Beach and is just a short stroll down a private path to the water’s edge. 

If sold in the top end of its price range, the four-bedroom, two-bathroom house would be the priciest property in Balnarring Beach beating out a multi-story beachfront home which sold in April for $7.5million. 

An incredible light-filled family room is the heart of the four-bedroom home and blurs the lines between indoors and outdoors as it opens up on both sides to the entertaining decks, surrounding gardens and coastal bushland. 

Through a garden of coastal bushland and behind a vine-covered facade lies a luxurious home with a stunning indoor-outdoor lounge room, luxurious master suite and a kitchen bar that lies just metres from the beach

Through a garden of coastal bushland and behind a vine-covered façade lies a luxurious home with a stunning indoor-outdoor lounge room, lavish master suite and a kitchen bar that lies just metres from the beach

An incredible light-filled family room is the heart of the four-bedroom home and blurs the lines between indoors and outdoors as it opens up on both sides to the entertaining decks, surrounding gardens and coastal bushland

An incredible light-filled family room is the heart of the four-bedroom home and blurs the lines between indoors and outdoors as it opens up on both sides to the entertaining decks, surrounding gardens and coastal bushland

The oceanside oasis is on Balnarring Beach, only an hour and 15 minutes south from Melbourne and is just a mere stroll down a private path through coastal scrub to the water's edge

A huge servery window in the kitchen showcases the picturesque views through the leafy garden to the ocean acts as a private bar

The oceanside oasis is on Balnarring Beach, only an hour and 15 minutes south from Melbourne and is just a mere stroll down a private path through coastal scrub to the water’s edge

Australian property value skyrockets to $10 TRILLION with house prices surging up to 30 per cent in just a year in some places 

The value of Australian residential property has surged past $10 trillion for the first time thanks to 18 months of record-low interest rates.

The combined worth of all houses and apartments climbed by 21.4 per cent in the year to March when the Reserve Bank cash rate was still 0.1 per cent. 

A $1.8 trillion annual increase, from $8.4 trillion a year earlier, took the total value of residential assets to an all-time high of $10.2 trillion, the Australian Bureau of Statistics revealed on Tuesday. 

Melbourne, which like Sydney was in lockdown for much of last year, had a more subdued 9.4 per cent increase to $930,000.  While the value of Australian residential property has climbed above $10 trillion, RateCity research director Sally Tindall said stricter lending rules were already slowing down the market.

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The spacious lounge room has soaring vaulted ceilings and a cosy fireplace and flows into the dining space with a unique sea urchin-inspired pendant light adding to the home’s coast feel. 

With a window splash-back, smooth timber benchtops, exposed shelves, and a butler’s pantry, the sleek kitchen is the envy of many home cooks. 

A huge servery window in the kitchen showcases the picturesque views through the leafy garden to the ocean acts as a private bar. 

Off the main living space there are two alfresco entertaining areas, one covered with plenty of space to lounge in the sun as it sets, gardens filled with lush bamboo trees, a fire pit for cooler nights and an outdoor kitchen. 

The spacious lounge room has soaring vaulted ceilings and a cosy fireplace and flows into the dining space with a unique sea urchin-inspired pendant light adding to the home's coast feel

The spacious lounge room has soaring vaulted ceilings and a cosy fireplace and flows into the dining space with a unique sea urchin-inspired pendant light adding to the home’s coast feel

With a window splash-back, smooth timber benchtops, exposed shelves, and a butler's pantry, the sleek kitchen is the envy of many home cooks

With a window splash-back, smooth timber benchtops, exposed shelves, and a butler’s pantry, the sleek kitchen is the envy of many home cooks

The primary bedroom is privately situated at the back of the house

It features an open walk-on closet as well as an luxurious ensuite with a freestanding bathtub to relax in

The primary bedroom is privately situated at the back of the house and features an open walk-on closet as well as an luxurious ensuite with a freestanding bathtub to relax in

Off the main living space there are two alfresco entertaining areas, one covered with plenty of space to lounge in the sun as it sets, gardens filled with lush bamboo trees, a fire pit for cooler nights and an outdoor kitchen

Off the main living space there are two alfresco entertaining areas, one covered with plenty of space to lounge in the sun as it sets, gardens filled with lush bamboo trees, a fire pit for cooler nights and an outdoor kitchen

The primary bedroom is privately situated at the back of the house and features an open walk-on closet as well as an luxurious ensuite with a freestanding bathtub to relax in. 

Separate from the main house is a stunning guests cottage high A-frame ceilings, stylish terrazzo flooring, a queen-sized bed recess and bunkbeds.

Vendors Naomi and Peter Butterss got to know the previous owners after having rented the magnificent home for weekend getaways and holidays and bought the 709sqm property in 2018 for $4million.

Separate from the main house is a stunning guests cottage high A-frame ceilings, stylish terrazzo flooring, a queen-sized bed recess and bunkbeds

Separate from the main house is a stunning guests cottage high A-frame ceilings, stylish terrazzo flooring, a queen-sized bed recess and bunkbeds

Vendors Naomi and Peter Butterss got to know the previous owners after having rented the magnificent home for weekend getaways and holidays and bought the 709sqm property in 2018 for $4million

Vendors Naomi and Peter Butterss got to know the previous owners after having rented the magnificent home for weekend getaways and holidays and bought the 709sqm property in 2018 for $4million

The charming pad is now on the market with Mr and Ms Butterss are hoping to fetch $7.3million - $8million on the sale

The charming pad is now on the market with Mr and Ms Butterss are hoping to fetch $7.3million – $8million on the sale

‘We stumbled across (the house) on a holiday website and couldn’t believe such a unique location existed … we rented the home several times and became acquainted with the owners,’ Ms Butterss told realestate.com.au.  

The charming pad is now on the market with Mr and Ms Butterss are hoping to fetch $7.3million – $8million on the sale. 

Listing agent Rob Curtain of Peninsula Sotheby’s International Realty Flinders said Mr and Ms Butterss 'absolutely perfect' home has major drawcards including its direct access to the beach

Listing agent Rob Curtain of Peninsula Sotheby’s International Realty Flinders said Mr and Ms Butterss ‘absolutely perfect’ home has major drawcards including its direct access to the beach

If sold in the top end of its price range, the four-bedroom, two-bathroom house would be the priciest property in Balnarring Beach beating out a multi-story beachfront home (pictured) which sold for $7.5million

If sold in the top end of its price range, the four-bedroom, two-bathroom house would be the priciest property in Balnarring Beach beating out a multi-story beachfront home (pictured) which sold for $7.5million

The huge home that sold in April also has four-bedroom, and one more bathroom, is spread over three-levels, and features a retro design, multiple decks, a top-storey tower lookout as well as sweeping ocean views

The huge home that sold in April also has four-bedroom, and one more bathroom, is spread over three-levels, and features a retro design, multiple decks, a top-storey tower lookout as well as sweeping ocean views

The huge home that sold in April also has four-bedroom, and one more bathroom, is spread over three-levels, and features a retro design, multiple decks, a top-storey tower lookout as well as sweeping ocean views. 

Listing agent Rob Curtain of Peninsula Sotheby’s International Realty Flinders said Mr and Ms Butterss ‘absolutely perfect’ home has major drawcards including its direct access to the beach. 

‘It really does have a bit of a heartbeat,’ he said. 

For more information, click here.  

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