11 Wotonga Drive, Horsham VIC 3400
11 Wotonga Drive, Horsham VIC 3400
3-bedroom family house | 540sqm block | Horsham location | dual bathroom layout
This property offers a strong configuration for a family buyer, with three bedrooms and two bathrooms on a 540sqm lot providing practical space without excessive upkeep. The dual bathroom arrangement is a competitive edge in this price bracket, reducing household friction and broadening appeal to downsizers or young families. Its position on Wotonga Drive places it within a established residential pocket with 39 properties, suggesting stable neighbourhood character rather than transient demand. The estimated value range between $530,000 and $710,000 indicates room for negotiation, particularly given the absence of active listing pressure.
The primary risk is the lack of recent transaction history, which obscures true market depth and may signal slower turnover in this street. Buyers should budget for potential condition-related costs, as no inspection details are available. The opportunity lies in leveraging the wide value range to negotiate below the $607,000 midpoint, especially if comparable sales show softer demand. This property suits a buyer seeking a hold-and-use strategy, best approached as a long-term family home rather than a flip.
Detailed Independent Property Report prepared by PropCred Analyst team for 11 Wotonga Drive, Horsham VIC 3400
Checks found:
Value Risk
!
1
Liquidity Risk
!
1
Planning Risk
✓
Income Risk
✓
Execution Risk
!
1
Market Insight
Horsham is positioned as the accessible commercial hub for the Wimmera region, attracting steady demand. This demand is driven by singles and older outright owners, creating a stable, owner-occupied market. Recent conditions show strong price momentum for houses, with units experiencing more variable performance. Future growth is anchored by its regional centrality, though affordability pressures and moderate sales supply present key constraints to watch.
PropCred Estimated Value
Bedrooms
3
Bathroom
2
Parking
2
Land
540m²
Research & Review
Prepared by Steve Dalton, Senior Analyst
·
Reviewed by Matt Proctor, Principal Analyst
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