18-20 Gray Street, Mount Martha VIC 3934

Large family home | 1170m² level block | In-ground pool | Bushfire overlay | Zoned for primary & secondary schools This property presents a substantial family holding on a large, level block within established school catchments, a combination that is increasingly rare in this suburb. The single-level home with a pool caters specifically to upsizing families seeking space and convenience, positioning it as a long-term lifestyle purchase rather than a speculative investment. Its current ‘under contract’ status confirms strong market demand for this configuration. The bushfire overlay imposes specific construction and maintenance obligations, translating to ongoing compliance costs and potential insurance premiums. The estimated rental yield is modest, indicating this property’s value is anchored in capital growth and utility, not income. Proceed with a clear focus on owner-occupation, ensuring all bushfire mitigation costs are factored into your final offer. Recent sales data for four-bedroom homes in the immediate area is referenced but unspecified, preventing a precise comparable analysis. This lack of transparent comparables necessitates extra due diligence to validate the asking price against the true market.