29 Ronald Grove Millgrove VIC 3799

3-bedroom house on large block | Millgrove residential pocket | owner-occupied street | light-filled with bushfire overlay This property offers a rare configuration in Millgrove: a three-bedroom house on a generous 671m² block with only 25% site coverage, providing substantial room for future extension or landscaping. The built-in robes, split-system air conditioning, and wood fire make it immediately comfortable, while the NBN Fibre to the Node and 5G coverage support remote work. The street is 95% owner-occupied, indicating stable neighbourhood demand. This house suits a buyer seeking a solid family home with expansion potential in a quiet, established area, or an investor wanting a low-turnover rental with a reliable tenant profile. The bushfire and flood overlays are the primary risks, potentially increasing insurance costs and limiting some renovation options. The 2015 last sale price and current rent estimates of $520–$625 per week suggest moderate capital growth, but the absence of heritage overlay leaves development options open. The zoning for Millwarra Primary School and Upper Yarra Secondary College adds family appeal. Hold this property as a long-term residence or a steady rental; its land size and low site coverage give it a structural advantage over smaller blocks in the area.