5 Maryrose Street, Blairgowrie VIC 3942
5 Maryrose Street, Blairgowrie VIC 3942
5 Maryrose Street, Blairgowrie | 683sqm parcel | 31% site coverage | bushfire overlay present | dual living potential
This property offers a rare combination of generous land size and low building coverage in a tightly held Blairgowrie pocket, giving a buyer significant scope for reconfiguration or extension. The double garage behind a secure gate and four-car capacity are strong differentiators for those requiring vehicle or boat storage, while the NBN and 5G connectivity support modern work-from-home needs. It is best suited to a buyer seeking a coastal family base with room to adapt, or an investor targeting the high-demand rental corridor between Sorrento and Rosebud.
The bushfire overlay introduces a material constraint: any external renovation or new structure will require compliance with BAL-rated materials and vegetation management, adding cost and limiting design flexibility. The absence of flood or heritage overlays is a clear positive. A buyer should commission a BAL assessment before any building plans, and budget for higher insurance premiums. For a long-term hold, the land-to-building ratio and school zoning underpin value; for immediate use, the existing layout functions well as a lock-and-leave holiday house or permanent residence with minimal initial outlay.
Detailed Independent Property Report prepared by PropCred Analyst team for 5 Maryrose Street, Blairgowrie VIC 3942
Checks found:
Value Risk
1
Liquidity Risk
1
Planning Risk
Income Risk
Execution Risk
URL has been copied successfully!
Market Insight
Blairgowrie is a relaxed seaside town positioned as a coastal lifestyle destination, with demand driven by its attractive bay beaches and rugged ocean coastline. Recent market conditions show a divergence in price trends, with some evidence of softening, while sales volumes remain steady. The primary growth driver is its enduring appeal as a coastal retreat, though its distance from the metropolitan centre is a natural constraint.
URL has been copied successfully!
PropCred Estimated Value
Bedrooms
5
Bathroom
3
Parking
4
Land
683m²
Research & Review
Prepared by Steve Dalton, Senior Analyst
·
Reviewed by Matt Proctor, Principal Analyst
URL has been copied successfully!