80 Rosebud Parade, Rosebud VIC 3939
80 Rosebud Parade, Rosebud VIC 3939
Beachfront commercial strip | 978m² redevelopment site | 2-storey brick veneer | 5-bed flexible layout | 3-storey potential STCA
This property sits in a genuinely uncommon position for Rosebud. It is not a standard suburban house; it is a large, older two-storey brick veneer home placed directly within the retail and café heart of the strip, across from the beach. The 978m² land area is substantial for this corridor, and the combination of commercial zoning, mixed-use flexibility, and the possibility of a three-storey development makes it rare. For a buyer who wants to live in the property while holding future options, or for someone seeking a home-plus-business arrangement with consulting rooms potential, this house offers a level of versatility that typical residential stock simply cannot match. The building is liveable now, which reduces immediate pressure, while the real value sits in what the site could become.
The property’s value may be shaped more by its development potential than by the house itself. The existing structure is around sixty years old, and while it is in good condition for its age, a buyer should weigh the cost of any future renovation or rebuild against the site’s upside. The commercial strip location brings activity, noise, and parking competition, which might not suit everyone, but it also supports strong rental demand and possible income from mixed uses. The exact zoning overlays and council constraints will matter, and the three-storey potential is subject to approval, so the final price may hinge on how a buyer reads that risk and opportunity.
|| Comparable Sales: 5 Rosebud Parade sold around $1.2M; 85 Rosebud Avenue sold at $1.93M | Property Price Band: $1.1M–$1.2M | Value Drivers: land size, commercial zoning, redevelopment potential
Detailed Independent Property Report prepared by PropCred Analyst team for 80 Rosebud Parade, Rosebud VIC 3939
Checks found:
Value Risk
2
Liquidity Risk
1
Planning Risk
Income Risk
Execution Risk
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Market Insight
Rosebud presents a stable, family-oriented market with robust sales activity and houses transacting efficiently. Demand is underpinned by steady owner-occupier interest, though a notable portion of owners carry mortgages. Recent price growth has been consistent, supported by solid fundamentals, yet the market shows signs of moderation with auction clearance rates softening. Future performance will be influenced by broader affordability pressures and its relative income levels, which present a key constraint against metropolitan benchmarks.
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PropCred Estimated Value
Comparable Sales: 5 Rosebud Parade sold around $1.2M; 85 Rosebud Avenue sold at $1.93M | Property Price Band: $1.1M–$1.2M | Value Drivers: land size, commercial zoning, redevelopment potential
Bedrooms
5
Bathroom
2
Parking
3
Land
580m²
Research & Review
Prepared by Steve Dalton, Senior Analyst
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Reviewed by Matt Proctor, Principal Analyst
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