67 Bluebottle Parade, Rockbank VIC 3335
67 Bluebottle Parade, Rockbank VIC 3335
New 4/2/2 house | 218m2 on 338m2 lot | 65% site coverage | Bushfire overlay | Family focused suburb
A newly constructed house has been positioned on a 338 square metre lot, with an estimated building size of 218 square metres being provided. A building coverage of 65 percent is observed, which is considered high for the area. Four bedrooms, two bathrooms, two living areas, and an ensuite are included in the layout. The brand new condition is presented as a key advantage, serving to reduce immediate maintenance worries. This house is intended for first-home buyers and young families, with a modern detached design that fits a growing suburb. Residential zoning is confirmed, and no heritage overlays are present, so ownership is expected to be uncomplicated.
A bushfire overlay has been detected, and it may be viewed as a risk by some prospective buyers. The high building coverage might be seen as a trade-off when outdoor space is preferred. Sales activity in the area has been observed as steady, so price growth might be gradual. Future infrastructure changes have not been confirmed, and their influence may be evaluated differently over time.
Detailed Independent Property Report prepared by PropCred Analyst team for 67 Bluebottle Parade, Rockbank VIC 3335
Checks found:
Value Risk
2
Liquidity Risk
2
Planning Risk
2
Income Risk
1
Execution Risk
1
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Market Insight
Rockbank, 29 kilometres west of the CBD, is positioned as a growth corridor anchored by a new train station, a planned town centre, and major housing developments. Demand is driven primarily by young couples with children, with half of residents active purchasers and a third aged 20–34. The house median sits at $621,000, but prices have softened, with annual growth at −2.20%, while units median $569,000. Houses spend a median 54 days on market, and annual sales volume of 168 indicates active supply. Gross rental yields are modest at 3.94% for houses and a firmer 4.22% for units, supported by weekly rents of $482 and $440 respectively. Future growth rests on continued infrastructure delivery and population inflow, but the negative price trend and elevated supply pipeline present a key constraint for near-term capital growth.
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PropCred Estimated Value
Comparable Sales: 73 Bluebottle Parade sold at $607,000; 33 Bluebottle Parade sold at $310,000 in 2021 | Listed Price Band: $600k-$700k | Value Indicator: condition, land size, building layout
Bedrooms
4
Bathroom
2
Parking
2
Land
338m²
Research & Review
Prepared by Steve Dalton, Senior Analyst
·
Reviewed by Matt Proctor, Principal Analyst
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