105 Fifth Avenue, Paradise Beach VIC 3851

105 Fifth Avenue, Paradise Beach VIC 3851
Beach-side block | low-density coastal holding | land size to verify | long-held The propertyโ€™s primary competitive strength is its position on the ocean side of the coastal road with direct walking access to Ninety Mile Beach, a configuration that is tightly held in this low-density township. The larger-than-typical land componentโ€”whether 856 mยฒ or 1,695 mยฒโ€”offers a buyer a rare land-bank opportunity in a lifestyle market where turnover is low and comparable sales are limited. This property is best suited to a buyer seeking a holiday home or a longer-term renovation project, where the value is anchored in location and land rather than the existing dwelling. The principal risk is the unresolved land size discrepancy between records, which must be confirmed via the title plan before any offer is made. The dwelling itself is modest and likely requires work, and the absence of recent comparable sales on Fifth Avenue means pricing is less transparent. However, for a buyer prepared to verify the land dimensions and assess renovation scope, the property presents a clear opportunity to secure a beach-side holding in a market where such positions are rarely offered.
Detailed Independent Property Report preparedย  by PropCred Analyst team forย 105 Fifth Avenue, Paradise Beach VIC 3851
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Market Insight:

Paradise Beach is a quiet, low-density coastal enclave primarily attracting established couples seeking a lifestyle change, with minimal rental activity. Recent price trends show mixed signals, reflecting a thin market with very low sales volumes and extended selling periods. Future growth is constrained by its rural zoning and limited new supply, though high outright ownership provides stability against interest rate sensitivity.
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PropCred Estimated Value

Bedrooms

3

Bathroom

1

Parking

-

Land

1695mยฒ

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