31 Warrain Avenue, Rosebud VIC 3939

Leafy pocket | bushfire overlay noted | flexible layout | tightly held street The property offers a rare combination of a generous 814m² lot in a tightly held pocket of Rosebud, with a functional 148m² floorplan that includes two living areas and a study—a configuration that appeals strongly to downsizers or small families seeking space without excess. The natural, private setting and absence of flood or heritage constraints strengthen its position as a low-complexity purchase in a coastal market where land size and privacy are increasingly valued. It serves best a buyer looking for a solid, update-ready home in a quiet location with good school zoning and room to add value through cosmetic renovation. The bushfire overlay is the primary risk, as it may affect insurance costs and limit certain renovations without additional compliance, though the property’s 92m elevation and 6m roof height suggest moderate exposure. The discrepancy between listed two bedrooms and the potential third space or study creates an opportunity for a buyer to market the property as a three-bedroom home after minor reconfiguration, which could lift its resale value above comparable two-bedroom listings in the area.