78 Bass Horizon Promenade, Coronet Bay VIC 3984
78 Bass Horizon Promenade, Coronet Bay VIC 3984
4 bedroom coastal home | 317mยฒ low-maintenance block | 3 car spaces | Bass Coast location
This property occupies a competitive position in Coronet Bay by offering four bedrooms and three bathrooms on a compact site, a configuration rarely found in the immediate area. The generous parking provision and modern finishes strengthen its appeal to families seeking a low-maintenance coastal base, while the extra bathroom compared to nearby comparables gives it a clear edge for both owner-occupiers and investors targeting the holiday rental market.
The principal risk lies in the 317mยฒ land size, which limits future subdivision or significant extension potential and may deter buyers seeking a traditional quarter-acre block. However, this compact footprint also represents an opportunity: it keeps purchase price and ongoing maintenance lower than larger properties, making the house accessible to downsizers or those wanting a lock-and-leave coastal retreat without sacrificing internal space or parking.
Detailed Independent Property Report preparedย by PropCred Analyst team forย 78 Bass Horizon Promenade, Coronet Bay VIC 3984
Market Insight:
Coronet Bay offers a regionally affordable coastal lifestyle near Phillip Island, attracting buyers seeking value and proximity to the Peninsula. Recent house price trends have been mixed, with a market characterised by moderate sales volumes and variable selling periods. Future growth is linked to its lifestyle appeal, though the market’s moderate turnover and regional setting present inherent supply and demand considerations.