76 Dryden Concourse, Mooroolbark VIC 3138

3 bed, 1 bath, 864sqm block | brick veneer, no overlays | family street, school access | FTTP, 5G ready The property at 76 Dryden Concourse presents a rare configuration advantage for Mooroolbark: a flat 864sqm block with no bushfire, flood, or heritage constraints, paired with a modest 21% building coverage. This leaves genuine room for extension, a granny flat, or subdivision potential,options most houses on similar blocks lack due to overlay restrictions. The fibre-to-the-premises NBN and 5G coverage support modern work-from-home needs, while the quiet street and proximity to Pembroke Primary and Yarra Hills Secondary make it a strong candidate for young families or investors targeting the family rental pool. The building size discrepancy (184sqm vs 106sqm) warrants clarification, but the land-to-building ratio alone gives this property a structural edge over nearby listings. The single bathroom is the primary constraint, limiting appeal for families with teenagers or multiple children,renovating to add a second bathroom would cost roughly $25,000–$35,000 and should be factored into any offer. The property has only been on market two days, so a swift, pre-auction offer around the valuation midpoint ($769,000) could secure it before competition firms. Rental potential at $580pw offers a gross yield of approximately 3.9%, acceptable for the suburb but not exceptional. Hold this property for the land value uplift; the block’s development potential will outpace cosmetic improvements over a five-year horizon.