47 Fraser Avenue Anglesea VIC 3230

Fraser Avenue, Anglesea | 4-bedroom, two-zone layout | Coogoorah Park doorstep | Bushfire overlay present | Suits multi-family or dual-occupancy buyers. The property’s primary competitive edge is its dual living zones on a single title, which is rare within walking distance of Anglesea’s shops and river. For a buyer seeking multi-generational accommodation or a high-yield holiday let with separation, this configuration reduces the need for future subdivision or renovation. The recent renovation and split-system climate control lower immediate capital outlay, and the park-side positioning near the river gives a lifestyle advantage that tends to hold value better than interior blocks. This house best serves a buyer who prioritises immediate occupancy and flexible floorplan over land banking. The detected bushfire overlay is the material risk here, potentially increasing insurance premiums and limiting some financing options for lenders with strict bushfire policies. This overlay does not prohibit development but does add a compliance step for any future extension or shed. On the opportunity side, the property’s zoning and block size leave open the possibility of a future dual-occupancy application, though that would require a planning check. The NBN connection is a minor convenience, not a value driver. Hold this property as a long-term lifestyle base or short-stay rental; it is not a candidate for knockdown or subdivision in the current overlay environment.