12 Bellevue Avenue, Rosanna VIC 3084
12 Bellevue Avenue, Rosanna VIC 3084
6-bed family footprint | 4-car parking | 739 m² block | Rosanna family corridor | high-demand buyer pool
A six-bedroom arrangement on 739 m² is rarely seen in this part of Rosanna, where the typical family house carries three or four bedrooms. The four-car parking and expansive internal footprint are valued by buyers with multiple vehicles or extended family. This house is positioned on a quiet residential avenue, with schools, the station, and parklands placed within convenient reach. The large-family buyer is well served by this property, which is also considered suitable for long-term owner-occupation.
The internal finish and condition are not expected to match renovated examples, and some modernisation might be required. The land size, while adequate, is considered less generous than many street examples, so extension prospects may be limited. A six-bedroom layout is seen as a strong differentiator, though it might narrow appeal to those who need that specific space. Parking configuration and aspect are thought to have a significant influence on value, so careful inspection of flow and light is recommended.
>> Comparable Sales: 129 Bellevue Ave, 3-bed/864m², sold $1.35M; 154 Bellevue Ave, 3-bed/836m², under offer | Property Price Band: $1.3M–$1.4M | Value Drivers: 6-bed footprint, 4-car parking, 739m² land
Detailed Independent Property Report prepared by PropCred Analyst team for 12 Bellevue Avenue, Rosanna VIC 3084
Checks found:
Value Risk
1
Liquidity Risk
1
Planning Risk
1
Income Risk
2
Execution Risk
2
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Market Insight
Rosanna, in Melbourne’s north-east, holds a middle-ring position with connectivity via Lower Plenty Road. Demand is led by families and owner-occupiers; household incomes run 16.4% above Greater Melbourne, auction clearances are firm at 71.1% for houses and 81.0% for units, and listings draw a 4:1 buyer-to-property ratio. Price action is mixed: the median house sits at $1,366,000, down 1.73%, though other sources range from $1.28m to $1.3885m, while units are $787,500, off 6.25%. Sales volume is thin at 94 houses annually, with homes averaging 38 days on market. Gross yields are tight for houses at 2.67% but healthier for units at 4.03%. Future growth relies on stretched demand and Banyule’s school catchment; key constraints are rate sensitivity, long hold periods averaging 14 years, and a sparse rental pool of just 16 properties.
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PropCred Estimated Value
Bedrooms
3
Bathroom
1
Parking
2
Land
Research & Review
Prepared by Steve Dalton, Senior Analyst
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Reviewed by Matt Proctor, Principal Analyst
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