64 La Perouse Boulevard, Bonbeach VIC 3196

Double-storey villa | golf course outlook | low-maintenance courtyard | rare street-access alfresco This property offers a rare configuration for Bonbeach: a double-storey villa with a private, street-accessible courtyard that functions as an extension of the living space. The upstairs balcony overlooking the golf course adds a lifestyle edge that similar compact homes lack. For a buyer seeking a lock-and-leave home in a waterside precinct with strong owner-occupier demand, the layout and orientation are competitively strong. The property suits downsizers or professionals who prioritise outdoor amenity and low upkeep over land area. The flood overlay is the primary risk, potentially affecting insurance costs and resale appeal to cautious buyers. However, the 2024 purchase price and recent street sales suggest value growth is achievable within a medium hold. The rental yield is modest but stable, and the property’s position near the golf club and river supports ongoing demand. Hold for at least five years to capture suburb appreciation and amortise transaction costs.