3 Rojim Court, Wattle Glen VIC 3096
3 Rojim Court, Wattle Glen VIC 3096
Purpose-built accessibility | tranquil garden setting | strong rental yield | bushfire overlay | zoned for primary & college
This property presents a rare, purpose-built single-level home designed for step-free living, a configuration that is highly sought after but undersupplied in the market. Its strong potential rental yield, supported by reliable infrastructure, positions it as a compelling low-maintenance investment or a long-term lifestyle purchase, particularly serving downsizers or those requiring accessible design. The generous lot size in a quiet cul-de-sac offers future flexibility atypical for a two-bedroom offering.
The primary risk is the bushfire overlay, which will incur ongoing management costs and may complicate insurance. Its smaller two-bedroom format contrasts with the larger family homes dominating the street, potentially moderating capital growth relative to the suburb norm. Acquire this property for its specific functional advantages and hold for secure rental income or as a permanent accessible residence, not for speculative redevelopment.
Recent sales on Rojim Court demonstrate robust demand for the location:
– 7 Rojim Ct (4 bed, 2 bath) sold for $1,070,000 in Jan 2025.
– 11 Rojim Ct (4 bed, 2 bath) sold for $1,065,000 in Nov 2021.
This establishes a clear value benchmark for larger homes on the street. The subject propertyΒs asking price reflects its smaller size and specialised design, trading a premium bedroom count for its unique accessibility features and lower maintenance footprint.
Independent, Unbiased Research Report for this property by PropCred Analyst teamΒ
Market Insight:
Wattle Glen leverages its proximity to peaceful, off-grid living potential, offering residents a highly targeted lifestyle and infrastructure advantage. Hobby farmers and lifestyle acreage buyers are aggressively driving the housing demand here to secure a foothold in this specific postcode. While not suited for aggressive equity growth, the lifestyle value is unparalleled for the right demographic.