43 Tebb Terrace, Jeeralang Junction VIC 3840

Rural privacy premium | bushfire overlay active | limited street sales | long driveway access The bushfire overlay imposes mandatory vegetation management and construction retrofitting costs that transfer directly onto the buyer, reducing usable land value by an estimated 10-15% against comparable cleared sites. The 1.21-hectare block backing national park offers rare natural adjacency, but this low-building-coverage configuration means the property primarily holds lifestyle value rather than development upside. Buyers should approach this as a hold-for-use home, not a capital-growth land bank. The combination of full fencing, extensive shedding, and updated internal specifications creates a low-maintenance rural proposition rare under $900k in the Latrobe corridor. The four built-in bedrooms and dual bathrooms secure family utility, while the workshop and garage capacity serve semi-professional or hobbyist buyers directly. Comparable properties at 20 and 53 Tebb Terrace, each on similar acreage with equivalent room counts, price within $791k-$879k, confirming market alignment at the current $829k ask. This property suits buyers prioritizing immediate occupancy and private national-park backdrop over subdivision prospects.