2/52 Black Street, Brighton VIC 3186
2/52 Black Street, Brighton VIC 3186
Boutique five-residence low-rise | Three-car secure parking | Art Deco-inspired finishes | 3.3m ceilings | Brighton beachside pocket
This apartment is positioned within a boutique five-residence development completed in 2022, designed with an Art Deco-inspired lens. A 254m² internal footprint, three secure car spaces, and 3.3m ceilings are offered here, making this an unusually spacious low-rise residence in a suburb where premium apartment stock is limited. The property is well served by its proximity to Church Street and Brighton Beach, and is likely to appeal most to downsizers moving from detached houses, along with affluent owner-occupiers seeking a secure, lock-and-leave base. Within Brighton’s broader mix of older units and detached housing, this apartment holds a clear premium position as newer, low-rise, generously proportioned stock.
The property’s value may be shaped by its position within the wider development envelope, where comparable residences have transacted at strong price points. Aspect and floor level might be considered in how light and outlook are perceived, though the low-rise form reduces that variance. The 889m² land allocation, shared across only five residences, may be seen as supporting a premium relative to typical apartment product. Future demand might be tied to how closely the internal finish for this specific unit matches the development’s publicised design standard.
Detailed Independent Property Report prepared by PropCred Analyst team for 2/52 Black Street, Brighton VIC 3186
Checks found:
Value Risk
Liquidity Risk
2
Planning Risk
2
Income Risk
2
Execution Risk
URL has been copied successfully!
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.
URL has been copied successfully!
PropCred Estimated Value
Comparable Sales: 101/52 Black St sold $3.995M in 2024; 102/52 Black St sold $4.18888M in 2024 | Property Price Band: $4.0M–$4.2M | Value Drivers: Internal finish condition, three-car layout, low-rise boutique setting
Bedrooms
3
Bathroom
3
Parking
3
Land
889m²
Research & Review
Prepared by Steve Dalton, Senior Analyst
·
Reviewed by Matt Proctor, Principal Analyst
URL has been copied successfully!