22/350 Beaconsfield Parade, St Kilda West VIC 3182

22/350 Beaconsfield Parade, St Kilda West VIC 3182
Park facing, pool in complex | fourth-floor city and garden views | rental buffer narrow | no inspection available for private verification The apartment’s beachfront position on Beaconsfield Parade provides rare city and garden perspectives, but the absence of scheduled inspections means buyers rely entirely on listing disclosures for condition and noise exposure from the busy coastal road. A unit on a lower fourth floor may carry street-level sound, and the single bathroom limits appeal for sharers or families, with resale risk concentrated in a 2 bed, 1 bath layout that competes against newer stock. However, the integrated work-from-home space and secure parking address current commuting and lifestyle uses, and the complex’s pool and direct beach access hold enduring rental demand. A plain judgment: hold for steady rental yield or live with caution on future liquidity. Competitively, very few apartments in this bracket offer direct Catani Gardens outlooks paired with a private car space and a shared pool, making this unit rare within St Kilda West’s limited tower stock. The stone bench kitchen and built-in robes align with professional tenant expectations, and the location across from Fitzroy and Acland Street eateries underpins walkability. This property best serves a buyer seeking a lifestyle residence with reliable rental income, not a trade-up asset. Comparable sales from 2016 at a 38% lower base indicate price growth lagged broader market gains, reflecting the floor plan and bathroom limitation. To proceed, arrange an agent-led inspection and verify the owners corporation’s sinking fund position before auction.

Independent, Unbiased Research Report for this property by PropCred Analyst teamΒ 

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Market Insight:

This suburb presents a clear divergence between its established housing market and its unit segment. House prices have experienced exceptionally strong growth, reflecting high demand from owner-occupiers in a low-supply environment, with properties transacting swiftly. In contrast, the unit market has softened, offering higher rental yields but with recent price declines. Future performance hinges on the sustained appeal of detached homes, though the affordability gap between houses and units presents a notable market constraint.
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PropCred Estimated Value

Bedrooms

2

Bathroom

1

Parking

1

Land

2017mΒ²

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