I completely love the twirly bits, and the window trim. It's unique, special and shows the family within has a sort of fun spirit. If you would be more comfortable with a cottage that looks more "regular", then take it off. But please don't! For some color and inspiration, google French provencal fabric images. I can completely see a little black metal bistro table and wood slat back chairs on your porch with a cloth of one of those fabrics. I would paint it a light dusky blue, with white trim and mid-charcoal accents around the windows and the corner pieces on the front porch. Although the yellow with the blue would be quite right too! The front walk looks to be in good condition. You can do a stone overlay on that, letting a small portion of the stones hang over the straight edge, to give it a little more rustic look. It looks like you have a good collection of Queen of the Nile lilies (guessing here). Were they blue on blooming? You can create some slightly larger and curving beds in the front, and transplant some within it. I would add lavender and rosemary in a mix with those. For some grey and texture, put some lambs ears (a perennial) along the outside edge. Check your local growing zone to see what will thrive in your area! Lucky you. What a find!

House has many good features, I love how the bedrooms are divided from the living area, that can be very important if you have young children. I even like how the door to the laundry is screened from the dining area - little things like that are important to me. The toilet in the bathroom would annoy me, but having the second toilet in the laundry would offset that. I think I would be inclined to close off the lounge room as a TV/Media room that would free up the general living area for just living. The outdoor areas look well planned with excellent access from the house. Oklouise's idea of relocating the kitchen looks an excellent idea but plumbing could be an issue here, firstly it would be expensive just to move the plumbing and something to be generally avoided with renovations, and secondly with rooms underneath the house, it may not be possible. As the kitchen is now, opening it more to the living room could be a good idea except I can see possible safety issues with the hotplates being exposed to passing traffic - especially with young children in the house. I agree with David - you do have to think about how you are going to live in the house and the lifestyle you envisage. For this reason, if you do decide to purchase, I would strongly suggest you live in the house for a year before doing a thing. That way the things that aren't working for you will become very obvious as well as things you need or would make life easier making decision making simpler. You will also get a feel for the lighting in the house, where it can be improved and the aspect of the house - what rooms may need warming (south facing rooms) or what rooms need cooling (west facing rooms).

Whereabouts? Living inland I always think there are colours that don't work here and work beautifully for coastal settings, but I also wonder if that varies depending on other things like latitude and whether it's more of a coastal bush block or an open site with beach views. My first thoughts, echoing some of what oklouise said, were decks, outdoor shower, shade, insect screening. Depending on how close to the water you are you'll have to think about salt tolerance when choosing building materials and plants. While 'beach house' evokes thoughts of summer, if you are in a southern region plan for winter as well with good solar orientation and insulation (I spent a miserable winter holiday in a beach house once with terrible condensation).

Don't try and modernise this home, it has a lovely mid-century character that you should build on. I suggest to all of my clients that they should live in a home for at least 12 months before spending big renovation dollars. Understand how your house works with the change of seasons, and the existing electrical and plumbing services. Sometimes when you are on a tight budget in an old house then boring things like gutters and hot water systems are more important than supeficial aesthetics. Elements that are not original, such as your roller blinds at the front aren't contributing to the look of the house. The right landscaping could provide the shade you need and look much better. Love it for what it is, rather than try and make it into something that it is not. Best of luck, Dr Retro of Dr Retro House Calls