39 School Road, Labertouche VIC 3816
39 School Road, Labertouche VIC 3816
3 bed / 1 bath small-lot house | 587 m² township block | Sold July 2025 at $570,000 | Compact, conventional layout | Entry-level rural-edge buy
This property offers a rare foothold in a suburb where most listings are acreage holdings. The 587 m² block and standard three-bedroom layout place it firmly in the township-housing segment, not the lifestyle-farm bracket that dominates Labertouche’s higher-value stock. For a buyer seeking detached living with a rural edge—without the maintenance or price tag of large land—this house is a practical, low-barrier entry. It suits local owner-occupiers, first-home buyers, or those downsizing from bigger rural properties who still want a quiet, semi-rural setting.
The sale price reflects a compact, conventional house rather than any premium for land or features. Its value may be shaped by the lack of confirmed modern finishes or updates, as the age and condition are unverified. The smaller lot might limit appeal to buyers specifically chasing acreage, and the single bathroom could be a constraint for families. Future value may hinge on how the township segment compares to nearby growth corridors, though no immediate development pressure is evident. A buyer should weigh the property’s simplicity against its affordability relative to larger local listings.
Detailed Independent Property Report prepared by PropCred Analyst team for 39 School Road, Labertouche VIC 3816
Checks found:
Value Risk
1
Liquidity Risk
1
Planning Risk
Income Risk
Execution Risk
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Market Insight
Labertouche is a small rural locality in West Gippsland where demand is driven by owner-occupiers seeking acreage and lifestyle properties. The market is characterised by thin transaction volumes, with insufficient recent sales data to establish a stable median house price. Rental returns for houses are modest, reflecting the area’s detached housing and rural-residential character. Growth is tied to broader regional housing demand and lifestyle appeal, but limited liquidity and valuation uncertainty pose constraints, given the sparse sales evidence and small market size.
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PropCred Estimated Value
Comparable Sales: 485 Forest Road sold at $908,000 (2020); 39 School Road itself at $570,000 (2025) | Property Price Band: $500K–$600K | Value Drivers: Land size, condition and layout, township location
Bedrooms
2
Bathroom
1
Parking
7
Land
593m²
Research & Review
Prepared by Steve Dalton, Senior Analyst
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Reviewed by Matt Proctor, Principal Analyst
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