100 Oceania Drive, Curlewis VIC 3222

4-bedroom single-level coastal contemporary | Baywater Estate, Curlewis | 516sqm land, 270sqm living | No overlays, high rental mid-range $645pw This property offers a rare combination of single-level liveability and generous land-to-building ratio in a coastal estate, which strengthens its appeal to downsizers and families seeking low-maintenance yet spacious living. The 52% building coverage leaves usable outdoor area without compromising internal flow, and the absence of bushfire, flood, or heritage overlays removes common friction points for both owner-occupiers and investors. Its positioning within the Bellarine Secondary College catchment and reliable connectivity add practical long-term value, making it a defensible buy in a corridor where well-configured single-level stock is limited. The primary risk is the 2018 purchase price of $210,000, which may create a perception gap for buyers comparing against recent local sales, though the current valuation range of $848,000 to $890,000 aligns with improved market conditions. The property’s 6-metre roof height and 34-metre ground elevation are neutral factors but do not constrain future use. For an investor, the mid-range rental estimate of $645 per week supports a gross yield near 3.8%, which is acceptable for this price bracket. Hold as a long-term family home or lease to capture steady coastal demand; avoid overcapitalising on cosmetic upgrades given the existing modern finish.