1A Woodall Street, Black Rock VIC 3193
1A Woodall Street, Black Rock VIC 3193
Luxury townhouse | architect-designed | Black Rock prestige | lift-served three levels
This property occupies a rare position in Black Rock as a new-build townhouse on a full 809sqm lot, which is unusual for the typology and gives it the spatial feel of a detached house. The Beeton Architects design and Atkinson Pontifex landscaping signal a level of finish that typically commands a premium in Bayside, and the lift-driven layout makes it functional for downsizers or families who want single-level living across multiple floors. It serves buyers seeking a lock-and-leave alternative to a period home without compromising on scale or design credibility.
The main risk is price discovery at the $3M–$3.3M range, where comparable sales evidence is thin and the property has only been listed for one day, meaning the market hasn’t yet tested the vendor’s expectation. Buyers should factor in a building and pest inspection given the new-build complexity, and note that the 5-bedroom listing variation between sources may indicate a flexible layout rather than a true fifth bedroom. The rental yield at roughly 3% gross is modest, so this is best held as a primary residence or a long-term family hold rather than a short-term investment play.
Detailed Independent Property Report prepared by PropCred Analyst team for 1A Woodall Street, Black Rock VIC 3193
Black Rock VIC 3193
Black Rock is a high-value coastal suburb with an established, mature demographic. Recent market conditions have softened, with clear price declines across both houses and units, reflecting broader affordability pressures and a slower sales environment. While its enduring appeal as a bayside location provides a solid foundation, near-term growth is constrained by the recent negative momentum and sensitivity to interest rate changes, presenting a market in a corrective phase.