35 Meldrum Street, Wangaratta VIC 3677

3-bed house on 562m² block | Wangaratta Primary catchment | Established neighbourhood | Long-held ownership This house presents a competitively priced entry into a stable family catchment, with its core strength being the substantial block size and established location within walking distance to primary schooling. The configuration suits a owner-occupier seeking space or a long-term investor capitalising on fundamental land value. The significant period since its last sale suggests a well-maintained, original condition property, positioning it for renovation or steady holding. The primary risk is the absence of recent comparable sales data to definitively anchor its current market value against the listed price, introducing pricing ambiguity. The estimated value range indicates potential upside, but this hinges on unverified condition. Proceed with a building inspection to quantify any renovation liability, then assess the final cost against the land value. This property is a hold for a buyer prepared to manage its inherent age-related costs for long-term land appreciation.