12/267 Beaconsfield Parade, Middle Park VIC 3206

Beaconsfield Parade | heritage listed | three-bedroom apartment | 102 sqm | low owner-renter turnover This property occupies a rare position within a tightly held heritage building on Beaconsfield Parade, where the combination of a genuine three-bedroom floor plan and a 102-square-metre internal area is uncommon for the area. The 80/20 owner-renter split and long-term resident profile indicate a stable building with limited turnover, which typically supports capital preservation and reduces the likelihood of sudden strata issues. For a buyer seeking a primary residence in a heritage zone with proximity to Middle Park Primary School and Albert Park College, this unit offers a configuration that suits families or downsizers who value space and a quiet residential street over immediate harbour views. The principal risk is the heritage overlay, which constrains any future modifications and may limit buyer pool depth at resale. The building’s age and 18-property size mean sinking fund adequacy should be verified, as common area maintenance in heritage structures can carry higher costs. The estimated value range sits below the price guide, so a buyer should approach with a disciplined offer based on comparable sales within the same building or nearby heritage blocks. Hold this property as a long-term home rather than a short-term trade, and use the stable ownership profile as a negotiating point for a price closer to the lower end of the value range.