57 Elizabeth Street, Mooroopna VIC 3629

4 bed, 2 bath house on 672m² | Mooroopna | flood overlay | renovated since 2021 sale The property presents a rare configuration edge in Mooroopna: a four-bedroom, two-bathroom house on a full 672m² lot, achieved through post-2021 renovations that upgraded it from a three-bed, one-bath layout. This positions it uniquely in a street with 104 properties, where larger family homes are less common. The split-system aircon, rumpus room, and fully fenced yard serve owner-occupiers seeking a functional family home, while the $430/week rental potential offers investors a solid yield. The 18% building coverage leaves usable land for future expansion or shedding. The flood overlay is the primary risk, likely depressing the current estimated value to $280,000 despite the asking range. This gap between estimate and list price means the buyer pays a premium for the renovation work and bedroom count. The inconsistent bedroom count in historical sales data suggests careful verification of council approvals for the conversion. NBN FTTP and proximity to zoned schools support long-term holding. Use this property as a family home or rental, but negotiate hard on the flood risk premium.