36 Raglan Street, White Hills VIC 3550

Period home on large block | Heritage overlay | 4 car spaces | Near primary school & gardens This property presents a competitively strong proposition due to its larger 537m² land parcel and four-car accommodation, both rare in a suburb where comparable listings sit on smaller blocks. The heritage overlay and period features substantiate its character, appealing directly to buyers seeking a permanent home with space and charm, not a standard investment unit. Its position within walking distance of the primary school and recreational parks solidifies its family-centric utility. The primary risk is the significant price premium demanded over recent comparable listings, with the asking range approximately $100,000 above nearby homes. This premium must be justified by the larger land and perceived character, which may not fully materialise in short-term valuation. The heritage overlay introduces potential renovation complexities and costs. Acquire this property only as a long-term family residence to amortise the upfront cost. Our analysis would pressure-test this price against true recent sales and detail the specific obligations and insurance implications of the heritage overlay. Comparable listings indicate this property is priced at a premium. At 34 Raglan Street, a three-bedroom home on a 338m² lot is listed between $500,000 and $550,000. Similarly, 357 Napier Street is listed from $495,000 to $530,000. This positions the subject property’s $645,000-$665,000 range as notably higher, demanding clear justification from its larger land and additional car spaces for a buyer.