3 Rivalira Place, Berwick VIC 3806

3 Rivalira Place, Berwick VIC 3806
3-bed townhouse | 2326m² lot | Bushfire/flood overlays | Street sales near $900k | Suits downsizers or first-home buyers seeking rare large land in townhouse format. This three-bedroom townhouse on a substantial 2326sqm block suits couples or small families wanting low-maintenance living with generous outdoor space. The oversized lot sets it apart in a street dominated by standard townhouses and houses, offering potential for garden expansion or future subdivision subject to council approval. At just 5% building coverage on 115sqm of floor area, it provides ample room for practical living without the upkeep of larger homes. Positioned in a quiet cul-de-sac with recent comparable sales around $895k, it aligns with buyer interest in value-driven properties amid Berwick’s family-oriented market. Townhouses like this attract downsizers from bigger houses, drawn by the two-car parking and proximity to Fleetwood Primary and Kambrya College. Local market data shows quick turnover on Rivalira Place, with owners averaging short tenures, suggesting strong demand and resale liquidity. Flood and bushfire overlays may temper some interest but often translate to pricing discounts that appeal to savvy investors. Long-term, the expansive land and residential zoning underpin holding value, especially as Berwick’s growth pressures larger blocks. Its modern build supports enduring appeal for lifestyle buyers prioritizing space over urban density.

Market Insight:

Berwick is one of Melbourne’s most established south-east family suburbs, combining historic character with modern growth corridor expansion. Housing demand is driven by families seeking access to leading schools, healthcare precincts and transport connectivity via the Princes Freeway and rail line. Median house prices typically sit around the high-$800k to $1M range, reflecting strong owner-occupier demand. The suburb’s established town centre and proximity to employment hubs continue to support long-term price resilience.

PropCred Estimated Value

Bedrooms

3

Bathroom

2

Parking

2

Land

Built

Recent Assessments