3/14 Burgess Street, Beaumaris VIC 3193
3/14 Burgess Street, Beaumaris VIC 3193
Unit on Burgess Street | Beaumaris coastal pocket | Compact footprint | Apartment-style living | Established bayside suburb
This unit offers a rare entry point into Beaumaris, where detached family houses dominate the market and command premium prices. Its configuration suits downsizers, investors, or small households seeking proximity to the beach, coastal walking tracks, and village amenities without the maintenance burden of a large block. The property’s strength lies in its location within an established, quiet residential street, placing it within a suburb known for strong family demand and stable long-term value. For a buyer prioritising lifestyle access over space, this unit represents a practical, lower-maintenance alternative to the area’s typical house stock.
The value of this unit may be shaped by its internal layout, floor level, and condition, as these factors directly influence appeal to the target buyer group. Presentation and any recent updates could meaningfully affect price, given the competitive nature of the bayside market. The shared land component might limit capital growth compared to detached houses, but it also keeps the entry price more accessible. Buyers should weigh the trade-off between lifestyle convenience and the potential for more modest appreciation over time.
Detailed Independent Property Report prepared by PropCred Analyst team for 3/14 Burgess Street, Beaumaris VIC 3193
Checks found:
Value Risk
1
Liquidity Risk
Planning Risk
2
Income Risk
1
Execution Risk
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Market Insight
Beaumaris, a bayside Melbourne suburb, holds a firm house market: median $2.1m, up 3.3% annually, while units soften at $1.1m, down 6.4%. Demand stems from affluent families and mortgage-heavy owners, supported by strong local incomes and transport links. House sales rose 7.5% to 245, yet faster selling times (55 days, down 3.5%) and an auction clearance of 61.4% (up 18.1%) signal robust conditions. Future growth rests on steady infrastructure and a healthy market score of 56; key risks are affordability constraints, rate sensitivity, and unit price weakness.
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PropCred Estimated Value
Comparable Sales: 30 Beach Road sold at $2.85M; 26 Wattle Avenue sold at $2.1M | Property Price Band: $600K–$700K | Value Drivers: condition, layout, proximity to beach
Bedrooms
3
Bathroom
2
Parking
2
Land
465m²
Research & Review
Prepared by Steve Dalton, Senior Analyst
·
Reviewed by Matt Proctor, Principal Analyst
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