1/4 Harmony Court, Warrnambool VIC 3280

2 beds in established catchment | Low EER signals upgrade cost | Last sold 2017 | Block size 250m² This property presents a straightforward entry into the Warrnambool East school catchment, a primary driver for family demand. Its 250m² block size for a two-bedroom dwelling is competitively proportioned, offering manageable outdoor space. The configuration suits a first-home buyer, an investor targeting the school catchment, or a downsizer. Its core strength is location within walking distance to established state schools, providing inherent rental and resale appeal to a specific demographic. The zero EER rating imposes an immediate financial liability, necessitating budget for thermal performance upgrades to mitigate high utility costs and align with modern standards. The 2017 sale price indicates significant equity growth, but the current asking range demands scrutiny against recent comparable sales in Harmony Court. Proceed only with a building inspection to quantify renovation costs, positioning this as a long-term hold to absorb improvement expenses and realise the location premium.