Beaumaris Real Estate
Beaumaris suburb review
Beaumaris is a beautiful Bayside suburb located on Port Phillip Bay. The area boasts native tree lined streets and offers an idyllic beach lifestyle to its 17,000 residents. With accommodation ranging from large seafront mansions to more modest mid-century Boyd style homes, there is something for people of all budgets who are looking for a slice of the tranquil beach life.
Residents flock to the area for its unique community feel and it is exceptionally popular with families who are looking for a slice of village life. It also offers them easy access to the city for work, with the CBD under 20 kilometres away. Beaumaris attracts families, both young and old, due to its excellent primary schools and the access it provides to good public and private secondary schooling.
The suburb has a relaxed village feel with the heart of activity its Concourse shopping precinct. This quaint area is bustling with individual retailers such as boutiques, eclectic gift shops, eateries and delis. The concourse is also home to some of the finest coffee shops and cafes in Bayside. Other shopping areas include the Seaview strip on Balcombe Road which offers a number of amenities such as hairdressers, grocery stores and takeaways – many of the locals consider the fish and chips here some of the best in the area. There is also a small but growing precinct in Keys Street. Shopaholics looking for all the big names in retail can also easily head to Southland, one of Victoria’s largest shopping malls that’s only a couple of minutes away.
For those wanting to get back to nature, nearby Ricketts Point offers a 115 hectare marine sanctuary, the ideal spot for rock-pooling. They will be well advised to follow this up with a visit to the iconic Ricketts Point teahouse – a fantastically located seafront café that sells fish and chips as well as many other culinary delights. Beaumaris’ local beaches offer wide stretches of sand and shallow waters as well as picnic and BBQ areas. The native flora and fauna is heavily protected in the area which makes for some stunning coastal walks around the cliff tops.
Meanwhile for the avid golfer, Beaumaris offers no less four conveniently located golf courses, including Royal Melbourne Golf Club and Victoria Golf Club – two of Australia’s most prestigious. While Beaumaris Motor Yacht Squadron, just South of Ricketts Point, is a haven for local anglers.
Although the area is a popular choice for families looking for a quiet and safe suburb to raise their children, it is still just a five-minute drive from the Nepean Highway, which takes commuters in to the CBD. A number of bus routes operate direct to the local train stations at Sandringham and Cheltenham and to schools in neighbouring Brighton and Mentone.
Beaumaris offers a terrific variety of property types, many of which are situated on leafy tree-lined streets.
The area has lots of mid-century 1950’s and 1960’s homes, including Boyd homes that can be considered collectables. Beaumaris properties are traditionally situated on large blocks of land and whilst many have been retained others have been sold for their land value and have been replaced with large family homes and townhouses. The area also offers a number of smaller dwellings, which makes it attractive to the mature downsizing market.
The median house price in Beaumaris is $1,027,500 and investors have seen an average year on year capital growth of 6.75% in recent years. Units have a median price of $742,500. The rental market is quieter in Beaumaris than it is in its surrounding suburbs, with the number of properties rented significantly below the state average. The majority of properties are owned owner occupied.
As with many other suburbs the prices vary. The section between Balcombe Road and Beach Road is very popular and commands some of the highest prices in the area, particularly as you get close to the beach. The area around the Seaview shopping strip is also commands a good price with buyers.
For those looking for a piece of beachside living, Beaumaris offers the ideal destination away from the hustle and bustle of city living but yet still remains within striking distance of the inner city lifestyle and the CBD.