4B Hornby Street, Beaumaris VIC 3193
4B Hornby Street, Beaumaris VIC 3193
Multi-unit configuration | Beaumaris family suburb | Bayside location value | Likely compact footprint | Owner-occupier demand
This address most likely represents a unit-style dwelling rather than a standalone original beachside house, which is an important distinction for buyers expecting a traditional family home. In Beaumaris, units occupy a distinct and more affordable market segment than detached houses, and they tend to attract downsizers, first-home buyers seeking bayside entry, and investors looking for reasonable rental demand. The suburb’s family profile, school catchments, and strong owner-occupier character support solid housing demand, while the more compact footprint at a “4B” address means lower land content and potentially less scarcity than a full-house holding. The property’s main competitive edge is likely its access to a prestigious bayside suburb at a lower price threshold than detached stock.
The value of this property may be shaped by how well the unit has been updated, its internal layout efficiency, and whether it offers any outdoor space or parking that improves liveability. Units in Beaumaris trade on practicality, presentation, and proximity to amenities more than land size. A well-maintained, contemporary interior might support stronger buyer interest, while dated finishes could limit appeal and extend the selling period. The rental yield for this property segment may sit in the low 3% range, which is typical for the suburb and suggests capital growth potential matters more than income return. Buyers should weigh condition, layout, and whether the configuration suits permanent living or investment purposes.
Detailed Independent Property Report prepared by PropCred Analyst team for 4B Hornby Street, Beaumaris VIC 3193
Checks found:
Value Risk
2
Liquidity Risk
2
Planning Risk
Income Risk
Execution Risk
1
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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: 2/34 Hornby Street sold Dec 2018 for $1.355M | Property Price Band: $1.0M–$1.1M | Value Drivers: condition, layout efficiency, parking provision
Bedrooms
4
Bathroom
2
Parking
2
Land
460m²
Research & Review
Prepared by Steve Dalton, Senior Analyst
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Reviewed by Matt Proctor, Principal Analyst
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