27 Loco Street, Seymour VIC 3660

Large block, entry price, school proximity, owner-occupied street. | Three bedrooms, two bathrooms, 1000sqm. | Below-median asking. | Seymour College 0.1km. This property offers a rare combination of a generous 1000sqm block at an entry-level price point, significantly under the local median for three-bedroom houses. Its location on a 90% owner-occupied street, directly adjacent to Seymour College, provides a strong positional advantage for families or investors seeking stable, long-term demand. The large land component, rather than the house itself, represents the primary value, offering potential for future subdivision or extension in a market where land is the appreciating asset. The primary risk is the house itself, which is likely a dated structure requiring capital expenditure, and the absence of specified parking may limit appeal to some buyers. The 70-day average days on market suggests a slower selling environment, giving a buyer negotiation leverage. The opportunity lies in acquiring land at a discount to the median house price. Hold for land appreciation or develop the block when zoning permits; do not overcapitalise on the dwelling.