28 Riley Road, Horsham VIC 3400

Off-the-plan house on 1.32 acres | 260m² Oakwood design | Horsham school zones | Bushfire overlay present. This property’s primary buying case rests on its rare combination of a large 5,346m² lot with a substantial 260m² new home, offering a semi-rural footprint within urban school zones. The Oakwood or Chadwick design provides a premium, modern layout with a butler’s pantry and separate lounge, which positions it well for families seeking space without sacrificing convenience. The 5% building coverage leaves significant land for outdoor use, and the NBN FTTP and 5G coverage add practical value. It serves buyers who want a new, low-maintenance house on a generous block near Horsham’s key schools. The bushfire overlay is a material risk, potentially increasing insurance costs and limiting some landscaping options, though no flood or heritage overlays apply. The lack of comparable sales on Riley Road and no rental history create pricing uncertainty, but the estimated $520 weekly rent offers a plausible holding return. This property should be held as a long-term family home, leveraging the land size and school proximity for capital growth, with the overlay managed via standard due diligence.