64 Bayview Avenue, Rosebud VIC 3939
64 Bayview Avenue, Rosebud VIC 3939
Quiet no-through road | 997m² north-facing block | Turnkey family layout | Three living zones | Premium coastal positioning
This property holds a clear competitive edge in Rosebud through its combination of substantial land and completed modern presentation. At 997m², it sits well above typical coastal allotments, and the north-facing orientation maximises natural light across the main living areas and alfresco entertaining space. The layout—four bedrooms, multiple living zones, and a butler’s pantry—caters to families seeking space without renovation work, while the remote gated entry and landscaped gardens add privacy and low-maintenance appeal. It serves buyers wanting a lifestyle-ready home in a quiet pocket, likely family upgraders or downsizers trading from larger properties.
The price point reflects the premium for land and condition, and the market may support it given the scarcity of turnkey homes on parcels this size. However, the property’s value could be influenced by how buyers weigh the absence of confirmed planning overlays—bushfire risk in the area is a possibility—and whether the north-facing rear yard is fully utilised for outdoor living. The double garage and multiple living zones add practical value, but the final price may hinge on buyer appetite for a larger block in a suburb where median stock is smaller and older. The presentation quality likely reduces negotiation room, as the property is move-in ready rather than a value-add opportunity.
Detailed Independent Property Report prepared by PropCred Analyst team for 64 Bayview Avenue, Rosebud VIC 3939
Checks found:
Value Risk
1
Liquidity Risk
2
Planning Risk
2
Income Risk
2
Execution Risk
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Market Insight
Rosebud, on the Mornington Peninsula, presents a stable house market, with median prices from $787,500 to $810,000 and annual growth of 3.6–5.3%. Units show mixed momentum, with growth ranging from -4.9% to 5.5%. Houses sell in 30–34 days, pointing to steady demand, supported by owner-occupiers, a substantial share of whom hold mortgages. Rental yields are modest: houses at 3.79%, units around 4.2–4.4%. Key constraints include affordability pressures, auction clearance down 8.3% to 56.3%, and house yields 8.4% below the metro average. Sales volume remains robust at 317–404 annually, supporting moderate appreciation.
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PropCred Estimated Value
Comparable Sales: 2 Bayview Avenue (451m², modern finishes) sold recently; 363 Bayview Road (650m², renovation scope) | Property Price Band: $1.1M–$1.2M | Value Drivers: Land size, turnkey condition, north-facing outdoor zone, quiet street position
Bedrooms
4
Bathroom
2
Parking
2
Land
997m²
Research & Review
Prepared by Steve Dalton, Senior Analyst
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Reviewed by Matt Proctor, Principal Analyst
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