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23 Ward Street

St Leonards, VIC 3223

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$550,000 - $600,000

3
1
1
587m²
HouseFor SaleRESIDENTIAL

Renovate or Detonate, Perfect Entry Level Development Opportunity

Description

Situated on a generous 587 m² (16.9m × 34.8m approx.) block in the heart of St Leonards, this 4-bedroom, 1-bathroom home is brimming with potential. Ideal for renovators, first home buyers, or developers, the property offers multiple pathways to unlock value in this sought-after coastal township. The existing home provides a solid foundation, ready for cosmetic updates to create a comfortable family residence. Alternatively, with council consent (STCA), there is scope to retain and renovate the home while subdividing the rear to build an additional dwelling, or for a full redevelopment, demolish and construct two brand new homes (STCA). St Leonards is a vibrant coastal community known for its pristine beaches, scenic foreshore, walking tracks, sailing and sporting clubs, and local shops and cafes. With strong demand for quality housing and proximity to Geelong, the Bellarine Peninsula, and Melbourne via road and ferry connections, the area continues to show steady capital growth and lifestyle appeal. Whether you choose to keep and renovate, subdivide, or undertake a full redevelopment, 23 Ward Street presents a rare and versatile opportunity to secure a foothold in one of Victoria's most desirable seaside locations. Call or text Lee Botsios 0438 533 066 or email lee@rtedgarbellarine.com.au to book your inspection today.

Property Details

Land Size

587 m²

Property Type

House

Listing Type

RESIDENTIAL

Auction

Sat, 11 Apr, 11:00 am

What's Nearby

Upcoming Events Nearby

Nearby Schools

St Leonards by the numbers

Official published figures for the suburb, shown as their own dated facts — not combined into a score.

House median sale price

$740,000

2025-Q4

Unit median sale price

$495,000

2025-Q4

Places to eat within walking distance

5 within about 1.2km. A few of them — listed by distance, not by how good they are.

Salty Cow · Two Daughters · Shugar Beach Cafe · St Leonards Bakery · Wildings Pantry Essentials

Source: Victorian Property Sales Report © State of Victoria (Department of Transport and Planning), CC BY 4.0 · © OpenStreetMap contributors (ODbL)

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Where this home sits

Zoned government primary
St Leonards Primary School
Zoned government secondary
Bellarine Secondary College

Zones are the government school zones published by each state. Confirm with the school before relying on them.

How this home compares

$576k

Asking price

$740k

Suburb median, houses

−22%

Asking vs median

This home's asking range midpoint is $576k, about 22% below the St Leonards median for houses ($740k).

The median is of settled sales (2025-Q4). An asking price is not a sale price.

Similar homes for sale nearby

Same type, within one bedroom. Cheapest asking price first.

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