55 Lorraine Cres, Jacana VIC 3047

Flood overlay present | 613m² land parcel | 29% building coverage | Zoned for Hume Central Secondary College The property’s primary competitive advantage lies in its unusually low building coverage on a 613m² parcel, offering expansion or reconfiguration potential rarely found in this price bracket. The flood overlay, while a due diligence requirement, does not appear to have suppressed the estimated value range, suggesting the market has already priced this risk. This house is best suited to buyers who can look past the overlay and value land position over turnkey condition, particularly families seeking access to Hume Central Secondary College. The flood overlay is the singular material risk, requiring specific insurance and building considerations that may deter less informed buyers, thereby reducing competition. This same risk creates the opportunity: a buyer who completes proper flood assessments and secures appropriate coverage can acquire a larger-than-average land holding at a potential discount to comparable non-flood properties. The NBN and 5G connectivity support modern living requirements without being decisive factors.