182 Maroondah Highway, Healesville VIC 3777

Bushfire overlay present but not mapped | income-producing studio adds unique flexibility | main-road exposure limits resale appeal | wait for bushfire risk to be quantified The property carries an undetected flood and heritage risk, but the bushfire overlay remains a material concern that may affect insurance premiums and future refinancing options. The detached studio creates genuine dual-income potential or a separate workspace, which is rare at this price point. The main-road position at Healesville’s gateway introduces noise and privacy trade-offs that will narrow the buyer pool on resale. Your decision hinges on whether the income yield from the existing accommodation setup offsets the location risk; for a buyer seeking immediate cash flow with a long hold period, it works. For pure capital growth, it does not. What makes this property competitively rare is the 706m² land parcel with a separate entrance studio—ideal for a home-based professional or investor seeking short-term rental diversification. The school catchments within walking distance add family appeal, while the fully fenced block with shed and garden reduces ongoing maintenance demands. This suits a buyer willing to accept main-road trade-offs for income-ready versatility. If the bushfire overlay checks out, proceed to search current insurance quotes for comparable Yarra Ranges houses before your next inspection—that number will decide the deal.