170 Harbison Road, Rhyll VIC 3923

170 Harbison Road, Rhyll VIC 3923
40-acre coastal estate | 9-bed farm stay with water views | bushfire overlay noted | NBN Sky Muster and 4G coverage This propertyโ€™s competitive edge is its scale and dual-income potential as a private residence and operating farm stay, rare on Phillip Islandโ€™s elevated coast. The 593mยฒ house with nine bedrooms and panoramic Westernport Bay views positions a buyer to capture both lifestyle and commercial demand from the short-stay market. It suits a family or investor seeking a self-sustaining rural holding with low building coverage and reliable connectivity. The bushfire overlay introduces insurance and compliance costs, and the $605โ€“$700 weekly rental estimate suggests the farm stay model, not long-term leasing, drives returns. However, the propertyโ€™s zoning and acreage offer scope for subdivision or conservation covenants, reducing holding costs. Hold as a managed farm stay or transition to a private estate to capitalise on scarcity.
Detailed Independent Property Report preparedย  by PropCred Analyst team forย 170 Harbison Road, Rhyll VIC 3923
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Market Insight:

This established suburb is characterised by a mature demographic, with a high proportion of outright owners and childless couples. Demand is driven by this downsizing cohort, creating a stable but low-turnover market. Recent price trends have softened significantly, reflecting broader market adjustments and extended selling periods. Future growth is constrained by the limited sales volume and an ageing population profile, indicating a market sensitive to economic cycles with limited near-term supply pressure.
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PropCred Estimated Value

Bedrooms

9

Bathroom

6

Parking

12

Land

40.47 ha

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