102 Beaconsfield Parade, Albert Park VIC 3206
102 Beaconsfield Parade, Albert Park VIC 3206
Detached beachfront house | 4 bed, 2 bath, 2 car | 211 sqm land | tightly held Albert Park strip | premium owner-occupier address
The competitive strength of this property is found in its scarcity: a detached four-bedroom house on one of Albert Park’s most recognised beachfront frontages, with 211 square metres of land. Family-sized houses are only rarely found on this tightly held strip, where apartment stock dominates. That rarity is understood to carry a genuine premium. The house is best suited to owner-occupiers seeking a permanent, low-maintenance beachside home within easy reach of the village and the bay. Local upgraders and downsizers are likely to be drawn to it more than investors, because the value is seen in address and lifestyle rather than rental yield.
The land size is modest, so value may be influenced by how well the layout uses the footprint. Finish quality and build condition are likely to be weighed against traffic exposure from the beachfront frontage. Orientation and aspect could be considered for light and privacy. A well-presented house may achieve the higher end; one needing work may be approached more cautiously.
Detailed Independent Property Report prepared by PropCred Analyst team for 102 Beaconsfield Parade, Albert Park VIC 3206
Checks found:
Value Risk
1
Liquidity Risk
2
Planning Risk
Income Risk
1
Execution Risk
1
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Market Insight
Albert Park presents a mature, largely owner-occupied market. With a median age of 46 and households averaging 2.2 people, demand is driven by established families and downsizers, reflected in 62.3% owner-occupancy. Houses remain resilient, with median prices around $2.425 million and annual growth between 3.9% and 5.36%, selling in 24 to 39 days. Units, however, have weakened sharply, with median values down 14.6% to 42.5% year-on-year, depending on source, and rents at $625–$650 weekly, implying a demand imbalance in that segment. House rental yields are thin at 2.2%–2.26%, while units offer higher returns of 4.14%–5.2%. The key constraint is affordability and rate sensitivity, given the price point and softening unit segment. Future growth hinges on the resilience of the house market, but the divergent unit performance warrants caution.
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PropCred Estimated Value
Comparable Sales: 112 Beaconsfield Parade house sold around $2.8M in late 2024; 6/122 Beaconsfield Parade apartment sold $1.0M in 2025 | Property Price Band: $3.8M-$4.2M | Value Drivers: land size, beachfront location, four-bed layout
Bedrooms
4
Bathroom
2
Parking
2
Land
207m²
Research & Review
Prepared by Steve Dalton, Senior Analyst
·
Reviewed by Matt Proctor, Principal Analyst
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