23 Oconnor Street, Horsham VIC 3400

3-bed brick veneer | large 792sqm block | near schools & town centre | no overlays | low-maintenance living This property presents a competitively priced, low-risk entry into a family-convenient Horsham location. Its larger-than-typical lot and solid construction offer a stable foundation, while the absence of overlays simplifies due diligence. The practical layout and recent updates suit first-home buyers or investors seeking a straightforward, low-maintenance holding with immediate rental appeal from its proximity to schools and services. Proceed with the understanding that its single bathroom and lack of documented parking constrain capital growth relative to updated comparables. The current asking price sits above most valuation estimates, demanding negotiation to align with the $430,000 midpoint. Secure it at or below $430,000 for a logical yield; it functions best as a long-term rental holding or a value-add opportunity for a future bathroom addition, given the substantial land parcel. Recent listings show a 4-bed, 2-bath house at 12 Stewart Street priced from $519,000. This confirms the subject property’s positioning at the market’s lower end due to its smaller size and single bathroom. The larger land component here offers a partial counterbalance to that configuration deficit.