9 Cave Street, Beaumaris VIC 3193
9 Cave Street, Beaumaris VIC 3193
Four-bedroom townhouse | Ground-floor main bedroom | 263m² low-maintenance garden | Beaumaris school zone | Premium coastal finishes
This property holds a clear edge in Beaumaris because it combines a four-bedroom layout with a ground-floor master suite, a configuration rarely found in newer townhouse stock. The 263m² allotment supports a wraparound garden and alfresco deck, giving it a genuinely private, leafy feel that many comparable townhouses lack. With stone benchtops, Miele appliances, zoned heating, refrigerated cooling, and solar power, it is finished to a standard that appeals strongly to downsizers seeking single-level living without sacrificing space for guests or family. Its placement within the Beaumaris Secondary College zone and proximity to Seaview shops, cafes, and the beach reinforces its suitability for established owner-occupiers who prioritise lifestyle and convenience over maximum land area. This is best suited to a buyer wanting modern comfort, low upkeep, and a coastal address without the maintenance demands of a larger detached house.
Value may be shaped by the compact land size relative to traditional Beaumaris houses, which could limit upside if the market favours larger parcels. The two-storey design with three upstairs bedrooms might suit families but could deter those seeking fully single-level living. The absence of a confirmed build year introduces some uncertainty around depreciation and future maintenance, though the contemporary finishes suggest recent construction. The electrically operated gate, security cameras, and alarm add a layer of appeal that may justify a premium for safety-conscious buyers. The property’s modern configuration and school zoning might sustain strong demand, but its smaller footprint could cap price growth compared with detached homes on larger blocks.
Detailed Independent Property Report prepared by PropCred Analyst team for 9 Cave Street, Beaumaris VIC 3193
Checks found:
Value Risk
2
Liquidity Risk
2
Planning Risk
2
Income Risk
2
Execution Risk
2
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Market Insight
Beaumaris, a bayside Melbourne suburb, holds a firm house market: median $2.1m, up 3.3% annually, while units soften at $1.1m, down 6.4%. Demand stems from affluent families and mortgage-heavy owners, supported by strong local incomes and transport links. House sales rose 7.5% to 245, yet faster selling times (55 days, down 3.5%) and an auction clearance of 61.4% (up 18.1%) signal robust conditions. Future growth rests on steady infrastructure and a healthy market score of 56; key risks are affordability constraints, rate sensitivity, and unit price weakness.
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PropCred Estimated Value
Comparable Sales: 9/33-35 Bodley Street sold around $1.0M–$1.1M; 9 Stayner Street sold near $1.4M–$1.5M | Property Price Band: $1.7M–$1.8M | Value Drivers: Ground-floor master, premium finishes, school zone, low-maintenance garden
Bedrooms
4
Bathroom
2
Parking
2
Land
263m²
Research & Review
Prepared by Steve Dalton, Senior Analyst
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Reviewed by Matt Proctor, Principal Analyst
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