61 Countess Drive, St Leonards VIC 3223

61 Countess Drive, St Leonards VIC 3223
Modern 4-bed coastal house | Bushfire overlay requires attention | Over 200 sqm living space | Strong rental estimate | Family or investor fit The property is best suited to buyers seeking a modern coastal house with functional space and minimal planning hurdles. Its 209-square-metre interior on a 448-square-metre block offers a practical layout for families, while the absence of flood or heritage overlays streamlines due diligence. Proximity to local schools strengthens owner-occupier appeal, and the rental estimate of $525 per week supports an investment angle, though returns will hinge on finish quality and market timing. The bushfire overlay is the key risk, raising insurance premiums and potentially imposing build standards that affect renovation or resale flexibility. This cost is manageable but requires explicit inclusion in holding budgets. Opportunities lie in the propertyโ€™s move-in readiness and strong connectivity via FTTP NBN and 5G, which enhance living appeal without being prime value drivers. The commercial logic is clear: acquire a low-maintenance house in a coastal corridor with steady demand. Hold as a family home or lease for reliable yield.
Detailed Independent Property Report preparedย  by PropCred Analyst team forย 61 Countess Drive, St Leonards VIC 3223
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Market Insight:

St Leonards is a coastal suburb with a mature demographic, characterised by high outright home ownership and a stable, professional resident base. Demand is driven by established owner-occupiers, creating a steady but measured market. Recent price trends have softened, reflecting a market where supply currently outweighs demand, leading to extended selling periods. Future growth is anchored in its desirable location, though the current imbalance between available stock and buyer activity presents a key constraint on price momentum.
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PropCred Estimated Value

Bedrooms

4

Bathroom

2

Parking

2

Land

448mยฒ

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