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Point Cook Waterfront Prices Jump Double Digits in Six Months

Sales along the bay edge have lifted median values by double digits in the past six months.

By Point Cook Property Desk · Published 9 July 2026

How we reported this

This article was written by AI from the linked sources and was not reviewed by a journalist before publishing. Melbourne Weather News is part of The Daily Network and follows our reasonable editorial care.

Point Cook waterfront properties posted a median sale price of $915,000 in the June quarter, a 14 per cent rise from the $802,000 recorded at the end of December 2025.

The lift comes as buyers seek stable coastal holdings while international markets absorb fresh tariff measures and defence spending shifts announced in Washington last week. Local agents report steady inquiries from owner-occupiers who want direct bay access without the longer commutes attached to outer-ring estates.

Named streets and estates driving interest

Boardwalk Drive and Saltwater Promenade recorded the highest clearance rates in the past three months, with three four-bedroom townhouses on Boardwalk Drive selling above $1.05 million each. The Sanctuary Lakes estate, which borders the 18-hole golf course and the Point Cook Coastal Reserve, saw two waterfront blocks change hands at $1.28 million and $1.35 million. The Point Cook Community Learning Centre hosted an investor briefing last month that drew 180 attendees, many of whom later inspected lots near the Cheetham Wetlands boardwalk.

Transaction data and next steps

CoreLogic figures released yesterday show 47 waterfront sales settled in Point Cook between January and June, compared with 31 in the same period a year earlier. Average days on market fell to 18, down from 29. Buyers considering entry should contact the Point Cook Ratepayers Association for the latest flood-zone mapping and speak directly with local conveyancers about the new state coastal overlay rules that take effect on 1 September. Early inspection of the remaining five waterfront lots released by the Sanctuary Lakes developer is advised before the spring auction cycle begins.

This article is general information only and is not personal financial or investment advice. Consider your own circumstances and seek licensed professional advice before making financial decisions.

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