20 Cameron Cres, East Bairnsdale VIC 3875

3-bed house | 585sqm block | East Bairnsdale | off-market opportunity This property presents a rare buying case in East Bairnsdale: a full 585sqm block with a basic three-bedroom house, last traded in 2016 at $135,000, and now off-market. The land-to-building ratio is exceptionally favorable, as the 13sqm internal area is clearly a data error or partial measurement, but the block size is confirmed and competitive. For a buyer seeking a renovation project or a knockdown-rebuild, this offers land at a price point that avoids premium for finished condition. It best suits a buyer with capital for redevelopment or a patient renovator who values location over immediate livability. The key risk is the lack of recent sales data or valuation, meaning the buyer must independently assess current market value, as the 2016 price is stale. The off-market status reduces competition but also limits price discovery, so a building and pest inspection is essential to uncover any structural issues that could erode the land value. Opportunity lies in acquiring a large block in an active local market where 3-bedroom houses are in demand, offering potential for a cost-constrained entry. Hold for land appreciation or develop to capture the site’s full value.