8 Hellisen Court, Yanakie VIC 3960

8 Hellisen Court, Yanakie VIC 3960
Bushfire overlay present | 84mยฒ building on 760mยฒ land | Limited street sales data | Remote coastal location with lifestyle risk The bushfire overlay creates an unavoidable insurance and compliance cost that will add hundreds to annual holding expenses and may restrict future renovation options. The 84mยฒ floorplan is compact for a three-bedroom house, limiting appeal to families or those wanting generous living space. With only one bathroom, this property suits a downsizer or investor seeking low-maintenance coastal exposure rather than growing households. The quiet court location near Wilsons Promontory gives it recreational rarity, but the market will be narrow given the bushfire risk and small footprint Comparable sales in Hellisen Court are too limited to derive reliable value guidance. A nearby property at 7 Hellisen Court with 981mยฒ land and four bedrooms suggests lot size influences value here more than building size. Buyers should use this property primarily as a weekend or holiday base rather than a primary residence, as the remote location and overlay cap long-term appreciation potential. The first step is to obtain a bushfire attack level assessment and insurance quote before proceeding further

Independent, Unbiased Research Report for this property by PropCred Analyst teamย 

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Market Insight:

Yanakie is a tightly held coastal village within a productive agricultural region, with extremely limited sales activity indicating a constrained and illiquid market. Recent transactions have centred on smaller and larger family homes, suggesting demand from both downsizers and those seeking space. The absence of available stock is the defining market condition, creating a significant supply constraint that underpins pricing stability but presents a clear liquidity risk for prospective buyers.
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PropCred Estimated Value

Bedrooms

3

Bathroom

1

Parking

2

Land

790mยฒ

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