2 Brougham Street, Gordon VIC 3345

Large flat block with studio | 3% building coverage | NBN Fixed Wireless | quiet Gordon location The property’s primary competitive strength is the combination of a 1.07-hectare flat block with only 3% building coverage, meaning the buyer is acquiring land with significant development or lifestyle flexibility rather than a standard suburban house. The studio and garage spaces support multi-use living, hobby farming, or home-based work, making this suitable for buyers seeking a rural retreat within commuting distance of Ballarat or Melbourne via Ballan station. The high confidence valuation range and rental estimate suggest the price is grounded in comparable evidence, not speculation. The bushfire overlay is a material risk that should trigger a building compliance check and may affect insurance costs or future development approvals, though no flood or heritage constraints apply. The property has only been on market three days and sits in a street where nearby properties reach $1.1 million, creating a potential buying window if the vendor is motivated by a quick sale. The 92% owner-occupancy rate in Gordon signals low turnover and stable demand, reducing resale risk for a buyer planning to hold medium-term.