64 La Perouse Boulevard, Bonbeach VIC 3196
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.
Detailed Independent Property Report prepared by PropCred Analyst team for 64 La Perouse Boulevard, Bonbeach VIC 3196
Checks found:
Value Risk
✓
Liquidity Risk
✕
2
Planning Risk
!
1
Income Risk
✓
Execution Risk
✓
Market Insight
This suburb presents a compelling investment proposition, anchored by robust house price growth that significantly outpaces the more moderate unit market. Demand is strong, evidenced by brisk sales activity and competitive days on market for houses, suggesting a market led by owner-occupiers seeking established homes. While houses offer solid capital appreciation, units provide comparatively higher rental yields, appealing to different investor profiles. Future growth will hinge on sustaining this momentum amid broader economic sensitivities, with the divergence between house and unit performance being a key market dynamic to monitor.
PropCred Estimated Value
Bedrooms
3
Bathroom
2
Parking
2
Land
234m²
Research & Review
Prepared by Steve Dalton, Senior Analyst
·
Reviewed by Matt Proctor, Principal Analyst
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