24 Martin Street, Blackwood VIC 3458

Regional classic | 1,000m² land | 14-year hold | Renovated 2012 | Quiet street with views This property presents a rare, large parcel in an established regional setting, offering a renovated three-bedroom house on over a thousand square metres of land. Its “Blackwood Classic” character, separate living zones, and deck capitalise on the quiet, views-oriented location, serving a buyer seeking space and permanence outside metropolitan growth corridors. The 2012 renovation provides a functional base, but the extended ownership period suggests underlying stability and a potential value reset. The primary risk is the significant disconnect between the asking price and automated estimates, highlighting a 14-year gap in transparent sales evidence and potential overcapitalisation on a now-dated renovation. This demands immediate validation through independent valuation and building inspection to assess current condition. The opportunity lies in securing a substantial landholding in a settled street below metropolitan pricing, but only at a correct entry point. Proceed with an offer anchored to fresh comparables, not the listed premium.