14 Isaacs Avenue, Yackandandah VIC 3749

Well below suburb median | Rarely available lot size | Owner-heavy demand profile | School walkable | Undervalued vs estimate This property sits at a significant discount to the Yackandandah median for three-bedroom houses, with the asking price roughly $82,000 below that benchmark. The 888m² lot is unusually generous for the area and positions the buyer with immediate land-value leverage. The street shows 95% owner-occupancy, signalling low turnover and stable demand, while 69% of suburb residents are long-term,both factors that compress supply and support price floors. The property suits a buyer seeking a family home within walking distance of the primary school, or someone wanting to hold a below-median entry point into a tight market with limited rental stock. The main risk is the condition of the house itself,no recent renovation or upgrade is noted, and the one-bathroom layout may limit appeal to some families. The 14.4 km commute to Beechworth Secondary College is a practical constraint for older children. However, the gap between the $749,000 ask and the $917,000 valuation suggests either pricing conservatism or deferred maintenance; a building inspection is non-negotiable. If the structure is sound, this is a hold-and-improve play: renovate selectively, ride the owner-occupier demand, and exit into a market where median prices already exceed the entry cost by over $80,000.