7 Eyre Street, Buninyong VIC 3357

Bushfire overlay primary risk | Large block | 469m² home | Separate bungalow | 2022 bought elevated This house carries a tangible bushfire risk overlay that will raise insurance premiums and may affect lender appetite, particularly for investors seeking standard cover. The 2,030m² block with established gardens and dual living capacity offers genuine flexibility, but the buyer pays a premium for space they may not fully utilise unless they need multi-generational accommodation or home business separation. Judgment call: hold for owner-occupation where the lifestyle and room-to-spread justify the risk premium, but avoid for yield-focused investment. The competitive strength here is the rare combination of a 469m² Harkaway residence, separate bungalow, and sweeping views on elevated land within Buninyong. For a family seeking a long-term home with capacity for teenagers, guests, or studio use, this property removes the need to extend or move. The self-contained loft and second living area reinforce that advantage. Best suited to a buyer who values immediate space and privacy over walkability to town. Take the next step by running the bushfire overlay through your insurer for a binding quote before exchanging contracts—this will confirm whether the monthly holding cost fits your budget.