22 Eastwood Cres Drysdale VIC 3222

| 4-bed family house | 717m² block | Drysdale coastal pocket | owner-occupied street | recent listing signals premium | This property offers a rare configuration advantage for Drysdale: a four-bedroom, two-bathroom single-storey house on a full 717m² block in a street where 82% of properties are owner-occupied, indicating low turnover and stable neighbour quality. The recent listing range of $950,000–$1,045,000, well above the current estimated value of $870,000, suggests the vendor is testing a premium that reflects post-2019 market growth and the scarcity of this size and bedroom count in the immediate area. For a buyer seeking a long-term family home with scope for value retention, this property is best suited to those who prioritise land area and suburban stability over immediate renovation potential. The primary risk is the gap between the estimated value and the vendor’s likely expectation, which may require negotiation discipline or a willingness to pay a premium for the specific block size and configuration. The 2019 purchase price of $702,000 provides a clear baseline, but the market has moved significantly since then, and comparable sales in the immediate street are limited. The opportunity lies in the land component: a 717m² block in a coastal suburb with high owner-occupancy is a defensive holding, and any future subdivision or extension potential would add commercial logic. Hold this property as a core family home; its value will track with the Bellarine Peninsula’s broader demand for space and lifestyle, not short-term flip gains.