3 St Andrews Street, Queenscliff VIC 3225
3 St Andrews Street, Queenscliff VIC 3225
Renovated coastal cottage | 3-bed, 2-bath, 1-car | 213 m² block | heritage overlay | walk to Hesse Street
This house offers a rare combination of genuine character and modern convenience in the heart of Queenscliff. The single-level main living with an upstairs loft gives it flexibility that most compact cottages lack, while the polished floors, high ceilings, and updated kitchen make it move-in ready. Its position on a quiet lane, just a minute from Hesse Street, beaches, and the ferry, is the kind of walkability that downsizers and holiday buyers actively seek. The 213 m² land is compact, but the renovated interior and private courtyard mean the property delivers lifestyle without demanding upkeep. It suits buyers prioritising location and charm over space, and the heritage overlay adds a layer of streetscape appeal that protects the neighbourhood’s character.
The heritage overlay may limit external changes, so any buyer planning extensions or significant alterations should factor in council assessment time and potential design constraints. The compact block also restricts parking and garden expansion, though the single carport with internal entry covers the essentials. The east-facing kitchen is a subtle but real advantage for morning light, and the gas log fire adds warmth that matters in a coastal climate. Rental potential around $555 per week suggests reasonable demand, though the yield is modest relative to the price point. The secondary school catchment at Ocean Grove means daily travel for older children, which may matter for full-time families.
|| Comparable Sales: 3 St Andrews Street sold $1,000,000 Aug 2025; 37 Flinders Street sold May 2025 on 2,032 m² | Property Price Band: $1.0M–$1.1M | Value Drivers: renovated condition, heritage character, walk-to-town location
Detailed Independent Property Report prepared by PropCred Analyst team for 3 St Andrews Street, Queenscliff VIC 3225
Checks found:
Value Risk
2
Liquidity Risk
Planning Risk
1
Income Risk
2
Execution Risk
1
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Market Insight
Queenscliff is a tightly held coastal enclave, characterised by high outright ownership and a low rental base, indicating a mature, resident-dominated market. Demand is driven by the coastal lifestyle and tourism appeal, attracting retirees and downsizers seeking permanence. Recent price trends show strong annual growth, though the market is constrained by very low sales volume and extended selling periods, reflecting acute supply limitations. Future growth is underpinned by its enduring lifestyle appeal, yet key risks include high price points limiting buyer pools and sensitivity to interest rate fluctuations.
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PropCred Estimated Value
Comparable Sales: 3 St Andrews Street sold $1,000,000 Aug 2025; 37 Flinders Street sold May 2025 on 2,032 m² | Property Price Band: $1.0M–$1.1M | Value Drivers: renovated condition, heritage character, walk-to-town location
Bedrooms
3
Bathroom
2
Parking
1
Land
213m²
Research & Review
Prepared by Steve Dalton, Senior Analyst
·
Reviewed by Matt Proctor, Principal Analyst
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