3 Kathleen Court Wangaratta VIC 3677

3 bed, 2 bath on 666m² | Collyn-Dale Estate | Land size vs. median | Appointment-only inspections This house presents a clear land-value proposition, with its block size substantially exceeding the typical offering in Wangaratta. The two-bathroom configuration for a three-bedroom house is a functional advantage not universal in the market, positioning it for owner-occupiers seeking space or a long-term hold. The estate location suggests a modern streetscape, likely appealing to families. The primary risk is price exposure, with the asking price positioned significantly above the local median for three-bedroom houses, demanding superior quality or position to justify. The very low auction clearance rate indicates a buyer’s market where patience is rewarded. Proceed only with a strategy to validate its premium through immediate, independent valuation and due diligence, as the property’s value is highly sensitive to specific locality risks and build quality. Our report would pressure-test this asking price against true comparable sales and detail the specific checks required for estate-built houses of this era. * One recent sale recorded in Kathleen Court area (price undisclosed). * Broader region shows comparable 3-bedroom houses listed from $549,000. This disparity underscores the premium asked; your offer must be anchored by the most recent and direct local sales evidence, not broader regional listings.