103/67 Well Street, Brighton VIC 3186
103/67 Well Street, Brighton VIC 3186
Boutique 3-bed prestige apartment | 2-car secure parking | Brighton Beach school zones | Low-density designer building | Premium downsizer/lock-and-leave stock
This is a rare configuration for Brighton’s apartment market—a genuinely large, three-bedroom, two-bathroom residence with two car spaces in a low-density boutique building, not the older, smaller units that dominate the suburb’s multi-dwelling stock. The design pedigree, high-end finishes, and secure, private setting place it firmly at the premium end of the local apartment spectrum, competing more with modern townhouses than conventional flats. It is best suited to downsizers seeking a lock-and-leave lifestyle without compromising on space or quality, or professional couples who want beachside living, walkable amenity, and strong school zoning in a tightly held pocket.
The property’s value may be shaped by its position within the building—floor level, aspect, and orientation are not confirmed and could influence light, privacy, and outlook. The high-spec finish and boutique scale are likely to hold strong appeal, but the price band reflects an expectation of premium quality throughout; any variation in presentation or condition compared to the building’s best units could matter. The 2-car basement parking is a genuine differentiator and should be weighed heavily, as is the scarcity of comparable product in this immediate area.
Detailed Independent Property Report prepared by PropCred Analyst team for 103/67 Well Street, Brighton VIC 3186
Checks found:
Value Risk
2
Liquidity Risk
Planning Risk
Income Risk
1
Execution Risk
2
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Market Insight
Brighton VIC retains prestige bayside appeal, yet the current pricing cycle is mixed. House medians range from $3.125m to $3.31m, with annual growth flat to -8% depending on source; REIV records a 2.8% quarterly dip. Units are the weak spot: Property.com.au shows a 13.8% annual price decline, and REIV an 8.8% quarterly fall. Underlying rental demand is firm—vacancy is a constrained 0.6% against the 3% healthy benchmark, house rents have risen 8% annually, and rented house volumes are up 19%. This is drawing interest from investors seeking yield, while high-income owner-occupiers sustain the premium house segment. The main constraint is affordability and rate sensitivity, with slower unit sales (108 days on market) signalling further downside risk.
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PropCred Estimated Value
Comparable Sales: 3/67-69 Well Street sold $2.3M (Jun 2022); 7/1-3 Well Street sold $1.9M (Nov 2023) | Property Price Band: $2.2M–$2.3M | Value Drivers: Boutique building quality, 2-car secure parking, school zone and beach proximity
Bedrooms
3
Bathroom
2
Parking
2
Land
Research & Review
Prepared by Steve Dalton, Senior Analyst
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Reviewed by Matt Proctor, Principal Analyst
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