90 Thompsons Lane, Merricks VIC 3916

90 Thompsons Lane, Merricks VIC 3916
Luxury sandstone residence | 10-acre Peninsula estate | 6-bedroom leisure property | Westernport Bay views This property presents a rare, consolidated landholding in a tightly held Peninsula locale, offering a premium lifestyle asset rather than mere accommodation. Its six-bedroom sandstone home with five-star amenities caters specifically to high-net-worth buyers seeking a permanent or secondary estate with absolute privacy and established gardens. The combination of size, views, and superior construction positions it at the apex of the rural-residential market, serving those for whom capital appreciation is secondary to secured prestige and lifestyle utility. Acquisition requires accepting the inherent illiquidity and high carrying costs of a ten-acre property, with maintenance and rates consuming capital irrespective of use. The substantial price growth since its last sale indicates captured value, leaving future gains more dependent on overall luxury market movements than subdivision potential. Secure this property as a permanent lifestyle holding for generational use; its value is in possession, not speculation. The property last sold for $3,500,000 in February 2014. Its current listing at $7-7.7 million implies a near-doubling of value over twelve years, demonstrating strong historical capital growth in this premium segment. This trajectory supports the premium asked, but also suggests much of the rapid appreciation phase may be realized.

Independent, Unbiased Research Report for this property by PropCred Analyst teamΒ 

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Market Insight:

Merricks is an exclusive lifestyle enclave on the Mornington Peninsula, characterised by substantial acreage properties. Demand is driven by established, high-income households seeking a premium coastal retreat, reflected in a very low transaction market with extremely limited supply. Recent sales activity is minimal, indicating a tightly held environment where price benchmarks are set by high-value, unique listings. Future appeal is anchored in its enduring lifestyle proposition, though the market faces constraints from its inherent lack of stock and sensitivity to broader financial conditions.
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PropCred Estimated Value

Bedrooms

Bathroom

Parking

2

Land

4.05 ha

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