15 Powerscourt Street, Maffra VIC 3860

Central Maffra | 5 beds on 1050m² | Near secondary college | Long-held since 1994 | No overlays This property presents a substantial, low-density holding in a central location, directly zoned for the local government schools. Its scale—five bedrooms on a quarter-acre block—is rare for Maffra and creates immediate utility for a large family or a multi-generational arrangement, while the absence of development overlays simplifies the ownership proposition. The long tenure since 1994 suggests significant latent equity and a vendor motivated by lifecycle change rather than market pressure, offering a buyer a stable entry point into a tightly held street. The primary risk is valuation justification in a suburb with a notably lower median price, demanding a premium for its size that may not be fully recaptured on resale without patient holding. The 1950s build necessitates a thorough building inspection budget. However, the calculated gross rental yield range is strong for a house, supporting a buy-and-hold investment strategy with a dual income and capital growth thesis. Proceed with a structured offer below the listed price, anchoring on the wider estimated value range, and plan for a decade-long hold to absorb the suburb’s growth cycle.