33 Leahys Lane, Timboon VIC 3268

3-bedroom house | Timboon walkable pocket | 617m² block | first-home buyer opportunity This property presents a rare entry point into Timboon’s tight housing market, where the median for three-bedroom houses sits at $530,500 and only 18 have sold this year. The 617m² block offers genuine space for a first-home buyer or downsizer seeking a low-maintenance footprint with room for a shed or garden, while the walkable location to town amenities reduces car dependency in a region where that is uncommon. The configuration—three bedrooms, one bathroom, single car space—is functional but not generous, meaning the house serves best as a practical starter or a solid rental hold in a suburb where 85% of properties are owner-occupied and demand consistently outstrips supply. The primary risk is the land size discrepancy between sources, which could affect financing or future subdivision potential; buyers should verify the title before exchange. The single bathroom limits appeal to families and may slow resale in a market where two-bathroom homes command a premium. However, the 2019 purchase price suggests room for equity growth if bought near the lower end of the range, and the low days-on-market average for Timboon (64 days) indicates liquidity. Hold this property as a long-term residential investment or a cost-effective owner-occupied base in a stable regional market.