2 Rangeview Drive, Skye VIC 3977

Fully renovated 3-bedroom | 651-657sqm lot | 52% building coverage | ducted heating/cooling | bushfire overlay present The property’s competitive strength lies in its combination of a full renovation on a generous 651-657sqm lot with only 52% building coverage, leaving substantial outdoor space for a shed and entertainment area. This configuration is rare in Skye’s current market, where median prices for 3-bedroom houses sit at $792,000 with 7.8% annual growth. The 6.2 energy score and solar panels reduce ongoing costs, making this house particularly suited to families seeking a move-in-ready home with room to add value through landscaping or future subdivision potential, given the lot size and residential zoning. The confirmed bushfire prone overlay is the primary risk, potentially increasing insurance premiums and limiting some financing options, though no flood or heritage constraints exist. The 5m roof height at 42m elevation offers passive solar gain opportunities, and the 342sqm building footprint allows for future rear extension without sacrificing yard. Hold this property as a long-term family home, leveraging the 3.8% rental yield as a fallback if market conditions shift.