60 Melibee Street, Blairgowrie VIC 3942

60 Melibee Street, Blairgowrie VIC 3942
Single-level 1980 house | 752mยฒ landholding | 4-5 bedrooms, 3 bathrooms | Strong land-to-floor ratio | Needs renovation assessment This property’s most competitive edge is its generous land size on a single level, which is increasingly rare in Blairgowrie. The 1980 build provides solid bones for renovation or extension, and the 752mยฒ allotment offers redevelopment optionality that newer, smaller lots cannot match. This house serves best a buyer seeking coastal lifestyle with space to growโ€”whether a family wanting room to spread, a downsizer valuing single-level living, or an investor eyeing land-value appreciation in a sought-after peninsula suburb. The 1980 construction date may mean older building standards and potential for deferred maintenance, which could affect both purchase price and renovation budget. The single-level configuration limits vertical expansion but simplifies future modifications. Floor-to-land ratio is favourable, suggesting the property may be valued more for its land than its existing dwelling. Buyers should weigh whether the current layout meets their needs or if a renovation budget is required to unlock full potential.
Detailed Independent Property Report preparedย  by PropCred Analyst team forย 60 Melibee Street, Blairgowrie VIC 3942
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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.
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PropCred Estimated Value

Bedrooms

5

Bathroom

3

Parking

-

Land

752mยฒ

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