Mornington Peninsula beach box’s $910,000 to $1m listing higher than median Melbourne home
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High asking price for boat shed a contrast to struggling housing market in the region, expert says. A beach box on Victoria’s Mornington Peninsula has gone on the market with an asking price of up to $1m – higher than the median value of a home in Melbourne.
![[How did Australia's housing market get so bad, and is it all negative gearing's fault? – video]](https://i.guim.co.uk/img/media/01eba47203c4ab6f8853fe3b382923482232dfef/1_0_3838_2160/3838.jpg?width=465&dpr=1&s=none&crop=none)
The owners of Beach Box 28, on Shelley beach in Portsea, are selling the blue boat shed with a price guide of $910,000 to $1m. By comparison, Melbourne’s median dwelling price was $774,093 in December, according to CoreLogic. The city’s median house price was $917,616, while it was $607,414 for units.
![[The $1m Portsea beach box thats up for sale at Shelley beach, Victoria, Australia]](https://i.guim.co.uk/img/media/0d42a073fefe5080313f4f1760fd28c91d0c52f2/0_0_6500_4333/master/6500.jpg?width=445&dpr=1&s=none&crop=none)
In a property listing, Beach Box 28 is described as a “well equipped boatshed built on solid Masonry slacks in excellent condition and easily accessible”. The selling agent, Warwick Anderson from RT Edgar Toorak, said the price was “in accordance” with similar beach boxes in the area.
![[Aerial view of the $1m beach box at Shelley beach]](https://i.guim.co.uk/img/media/1eff2a9f3040b8f4c8907780f666d84e4677e36d/0_0_5551_4157/master/5551.jpg?width=445&dpr=1&s=none&crop=none)
He said what set this one apart was its construction – it was made from masonry blocks rather than weatherboard – as well as its proximity to a public park, which meant it was easily accessible by car. Anderson said sheds on this beach did not often come up for sale.
Sign up for Guardian Australia’s breaking news email. “They are very few and far between,” he said. “Which is why they command the price they do.”. Anderson said he had been selling property in the area for about 50 years and beach boxes had increased in price “exponentially”.
