20 Lisfarron Avenue, Cobram VIC 3644

3-bedroom house | 535m² block | Cobram location | under-offer status This property offers a rare combination of a solid three-bedroom house on a generous 535m² block in Cobram, where such land-to-house ratios are becoming less common. The single-bathroom configuration is typical for the area and keeps the entry price lower, making this house particularly suitable for first-home buyers or investors seeking a manageable holding with land value upside. The medium-low confidence valuation range suggests potential for negotiation, especially given the previous listing at $448,000 is now under offer, indicating market interest but not necessarily at that price point. The main risk is the lack of recent sales data and building condition details, which means buyers must conduct thorough inspections to avoid overpaying for unseen issues. The single bathroom may limit appeal to families, but for a downsizer or investor, this is manageable. The opportunity lies in the land component: at 535m², future subdivision or extension potential exists, though zoning should be verified. This property is best held as a long-term rental or gradual renovation project, not a quick flip.