1/2 Coles Court, Beaumaris VIC 3193
1/2 Coles Court, Beaumaris VIC 3193
1-bed unit, quiet court setting | north-facing courtyard | compact low-maintenance footprint | strong bayside demand
This is a genuinely compact one-bedroom unit in a quiet Beaumaris court, and its main strength is the lifestyle it unlocks at a relatively accessible price point. The north-facing courtyard is a real point of difference, giving the property an outdoor living element that many units of this size lack, and the modernised interior with open-plan living and quality finishes makes it feel more current than the typical older villa stock. It suits a first-home buyer wanting a foothold in a blue-chip bayside suburb, or an investor chasing yield from a smaller footprint where rental demand tends to stay consistent. The low-maintenance aspect is a strong draw for downsizers too, though the lack of parking will narrow that appeal somewhat.
The property’s value may be shaped by its position within a small multi-unit site, where the overall land holding and shared outdoor space can influence perceived privacy and appeal. The single-bedroom configuration might limit price growth compared to larger units in the same court, but the modernised interior and courtyard could offset that by attracting buyers who prioritise condition over size. The quiet cul-de-sac location and proximity to local shops, parks, and the bay add a lifestyle premium that may hold value well over time, though the small block size and absence of parking could cap upside for some purchasers.
|| Comparable Sales: 11/1 Coles Court sold $488,000 in 2026; 7/1 Coles Ct listed $640k–$670k for 2-bed | Property Price Band: $450,000–$550,000 | Value Drivers: modernised interior, north-facing courtyard, quiet court location
Detailed Independent Property Report prepared by PropCred Analyst team for 1/2 Coles Court, Beaumaris VIC 3193
Checks found:
Value Risk
2
Liquidity Risk
1
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: 11/1 Coles Court sold $488,000 in 2026; 7/1 Coles Ct listed $640k–$670k for 2-bed | Property Price Band: $450,000–$550,000 | Value Drivers: modernised interior, north-facing courtyard, quiet court location
Bedrooms
2
Bathroom
1
Parking
1
Land
92m²
Research & Review
Prepared by Steve Dalton, Senior Analyst
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Reviewed by Matt Proctor, Principal Analyst
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