3 Toose Court, Smeaton VIC 3364

New subdivision house on large lot | Bushfire overlay applies | Strong rental yield | Near Daylesford schools This property offers a rare combination of a modern, low-maintenance home on a substantial 0.96-acre lot within a new subdivision, giving a buyer a position that is difficult to replicate in the established market. The 5% site coverage leaves significant land for outdoor use or future additions, while the ducted heating and built-in robes make it immediately livable for a family or downsizer. The strong rental yield of $555 per week signals genuine demand from tenants, which underpins capital stability and makes this house suitable for an investor or an owner-occupier seeking a dual-purpose holding. The bushfire overlay is the primary risk, as it may increase insurance costs and restrict some lending policies, so a buyer should verify the BAL rating before proceeding. However, this overlay is common in the area and does not appear to have dampened recent sales or rental demand, as comparables like 5 Toose Court confirm a functional market at this price level. The off-the-plan context of some listings suggests the subdivision is still maturing, which could mean further price growth as more homes are completed, but also carries the risk of slower capital appreciation if supply outpaces demand in the short term.