20 Lake Tyers Beach Road, Lake Tyers Beach VIC 3909
20 Lake Tyers Beach Road, Lake Tyers Beach VIC 3909
This property is a four-bedroom, two-bathroom house on 2.36 hectares at 20 Lake Tyers Beach Road, Lake Tyers Beach. It includes six car spaces, a workshop, and an open fireplace. The building size is 403 square meters with a low 2% building coverage on the land.
The competitive strength of this property is its rare combination of a substantial 403-square-meter home on a 2.36-hectare lot, offering exceptional privacy and space in a coastal setting. The low building coverage, secure parking, and workshop cater to buyers seeking a lifestyle property with room for vehicles, hobbies, or potential subdivision. It is best suited for families or retirees wanting a large, elevated block with no flood overlay, though a bushfire overlay applies. The property’s position in Lake Tyers Beach provides a quiet, rural-residential character while remaining connected to nearby schools and amenities.
The bushfire overlay may affect insurance costs and landscaping choices, but it does not preclude development. The property’s age, likely 20–30 years, might require attention to systems like roofing or plumbing, though the open fireplace and split-system heating are functional. The large land size offers potential for future subdivision or additional structures, subject to council approval, which could influence long-term value. The rental yield is modest at around 3.25%, so buyers should weigh this against capital growth potential from the land holding.
Detailed Independent Property Report prepared by PropCred Analyst team for 20 Lake Tyers Beach Road, Lake Tyers Beach VIC 3909
Checks found:
Value Risk
2
Liquidity Risk
Planning Risk
2
Income Risk
2
Execution Risk
2
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Market Insight
This suburb presents a stable, mature market with a modestly priced housing sector, primarily appealing to established, older residents. Demand is anchored by this demographic, contributing to a low rental vacancy rate and a slower sales turnover. Recent price performance has been mixed, indicating a balanced but cautious market. Future growth may be constrained by the limited sales activity and the established, aging population profile, suggesting a market reliant on generational change for significant momentum.
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PropCred Estimated Value
Bedrooms
4
Bathroom
2
Parking
6
Land
2.36 ha
Research & Review
Prepared by Steve Dalton, Senior Analyst
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Reviewed by Matt Proctor, Principal Analyst
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