91 Coleraine Road, Balmoral VIC 3407

3 beds | weatherboard | 736m² | Balmoral K-12 zone | no overlays The property’s primary buying case rests on its rare combination of a generous 736m² block with no detectable bushfire, flood, or heritage overlays, a configuration that is increasingly scarce in the Southern Grampians area. For a buyer seeking a solid weatherboard home with built-in robes and ceiling fans in all bedrooms, the free-standing wood heater in the lounge adds genuine character and heating efficiency. This property is best suited to a long-term owner-occupier or a downsizer valuing space and a well-fenced allotment, given the street’s 100% owner-occupied profile and 86% long-term resident base. The main risk is the significant discrepancy between the listing price and recent value estimates, which suggests a potential overhang from the 2013 sale and limited local sales data. The buyer should factor in the cost of any deferred maintenance on a weatherboard structure and the absence of rental demand data. On the opportunity side, the property sits in a catchment for Balmoral K-12 Community College, a combined school 1.4 km away, which supports family appeal. The commercial logic is to negotiate firmly from the lower estimate and hold for medium-term capital growth in a stable, low-turnover suburb.